Sabrix Selected as Codie Awards Finalist
SAN RAMON, Calif. - January 8, 2004 — Sabrix, Inc. announced today that its enterprise tax application software has been chosen as a finalist for the Software & Information Industry Association (SIIA) 2004 Codie Award for the "Best Financial/Accounting Product or Service" category. Sabrix is used by Global 2000 corporations to lower the total cost of tax compliance through the centralized management of indirect taxes.
The number of nominees for the 2004 awards reached a record high of over 800 nominations from more than 600 companies. "In light of the intense competition this year, to be named a Codie Awards finalist is a tremendous honor and an important achievement. SIIA is proud to recognize these companies as true leaders in their fields," said Ken Wasch, SIIA President.
The Codie Awards program is the only peer recognition program in the software and information industry, providing a unique opportunity for companies to compete for the praise of their competitors. The next phase of Codie Awards judging involves review of the products by SIIA members. Winners of the 2004 Codie Awards will be announced at the SIIA Annual Conference in May 2004.
"We are honored to be recognized by SIIA as a Codie Awards finalist," said Steve L. Adams, president and CEO of Sabrix. "The credit goes to the whole company for their outstanding commitment and hard work. With the Sabrix solution, companies can realize the immediate benefits of cost-effective transaction tax compliance, as well as enjoy state-of-the-art enterprise and global capabilities that provide flexibility for future growth."
Full information about the 2004 Codie Awards Program is available at: http://www.siia.net/codies2004/
About Sabrix
Sabrix, Inc. is a leading provider of transaction tax management for companies of all sizes, enabling finance, tax, and IT professionals to achieve accurate, timely, and cost-effective compliance for sales tax, use tax, Value Added Tax (VAT), excise tax and industry-specific taxes and fees. The Sabrix Application Suite serves global enterprises such as Amazon.com, BASF, Cisco, DTE Energy, IBM, QUALCOMM, Sportsman’s Warehouse, and York International. The Sabrix Application Suite seamlessly connects to all financial applications requiring the determination, calculation, and recording of transaction taxes. The company also offers the Sabrix Managed Tax Service™ (MTS), an outsourced transaction tax compliance service that helps finance departments of small-and-medium-sized businesses eliminate the hassle, control their audit exposure, and reduce the total cost of sales tax, use tax, and VAT compliance. Sabrix MTS seamlessly integrates with a company’s existing accounting and e-commerce systems, and, similar to outsourced payroll services, operates as a trusted extension of a company’s finance department to address tax compliance from start to finish: address validation, tax rate maintenance, tax determination and calculation, returns preparation and filing as well as audit research and documentation. For more information, please visit www.sabrix.com.
For press inquiries:
Kurt Foeller
Foeller Communications
sabrix@foellercom.com