Sabrix Honored by Entrepreneurs Foundation of the Northwest For Community Involvement
LAKE OSWEGO, Ore. – October 11, 2006 — Sabrix™, Inc., the leading provider of transaction tax management solutions, has been presented with the 'Building the Future Award' from the Entrepreneurs Foundation of the Northwest (EFNW). The company was recognized for successfully integrating philanthropy and community involvement into its core business values and practices.
The Entrepreneurs Foundation of the Northwest 'Building the Future Award' is given annually to a company that best represents the mission of EFNW: to engage entrepreneurial companies in corporate citizenship and philanthropic efforts so that new and leveraged resources are generated for community benefit. Sabrix received the award at the EFNW's 'LIGHT A FIRE' event last night.
"At Sabrix, we believe we have a responsibility to strengthen and improve the quality of life in the communities where we live and work," says Steve L. Adams, president and CEO of Sabrix. "This recognition belongs to dedicated Sabrix employees who demonstrate their leadership and who volunteer their time, energy, and passion to make the programs we participate in successful. I am proud of their work and the manner in which they represent Sabrix. I also want to thank EFNW for recognizing them."
The company's community involvement team promotes company-sponsored volunteer projects, providing employees with a wide range of opportunities to get involved. Employees also receive paid time off for those projects. Sabrix and its employees have donated cash and in-kind contributions to a variety of Northwest and national community benefit organizations, including HeadStart, Habitat for Humanity, KABOOM, Oregon Food Bank, Saturday Academy, Schoolhouse Supplies and Transition Projects, Inc.
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