Sabrix Rounds Out Management Team To Support Continued Corporate Growth

Transaction Tax Software Leader Hires Seasoned Executives to Manage Product Operations and Marketing

SAN RAMON, Calif. – January 31, 2006 — Sabrix™, Inc., the leading provider of Consolidated Transaction Tax Management™ applications, announces the addition of two seasoned software executives to its leadership team. Mark Oney joins Sabrix as Senior Vice President of Product Operations and Pamela Kostka as Vice President of Product Marketing. Reporting to President and CEO, Steve L. Adams, Oney and Kostka bring more than 35 years of combined experience in software engineering, product management and marketing to support Sabrix in its next phase of growth. Oney will lead Sabrix’s software development, quality assurance, and tax research development. Kostka will manage product marketing and management, marketing communications, and business development for Sabrix.

"Over the last few years, Sabrix has achieved record growth and built a leadership position in consolidated transaction tax management," notes Steve L. Adams, president and CEO of Sabrix. "We are fortunate to have both Mark and Pam onboard to continue to drive our success in 2006, and to support efforts to take the company into its next phase of growth. Mark has an outstanding track record managing software product operations for enterprise-class and on-demand applications, and he brings us key technical knowledge and success in scaling product organizations, developing end-user applications, and managing distributed development projects. In addition to her proven success in driving strategic and tactical marketing programs, Pam brings her breadth of experience in building category-leading solutions that will ensure Sabrix’s continued leadership position in transaction tax management."

Oney has more than 25 years of product development experience. He has engineered products for millions of users and the largest corporations around the world, managed multi-national product development teams, and consistently delivered quality products on time. Oney joins the company from Evant, where he was Vice President of Engineering and Client Services. While with Evant, he rapidly expanded the product line and achieved new levels of customer satisfaction. Previously, he held similar positions with Extensity/Geac, Crag Technologies, Ridge Technologies and Apple Computer. Oney has a degree in electrical engineering from Rochester Institute of Technology.

A seasoned strategic marketing executive, Kostka has a solid track record of successfully bringing enterprise software applications to market in both the traditional enterprise and Software as a Service (Saas) software models. She has worked in marketing, corporate strategy, and product management roles for a number of enterprise software companies, most recently as Vice President of Marketing for Arena Solutions, a provider of on-demand Product Lifecycle Management applications. Prior to Arena, Kostka founded Visiline, a pricing and deal management applications company. Earlier in her career, she held marketing and strategy positions with North Systems, Extensity, and Connect. Kostka received a bachelor’s degree from the College of the Holy Cross, and has an M.B.A from Harvard.

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

###

Sabrix, Sabrix Managed Tax Service, and Consolidated Transaction Tax Management are trademarks of Sabrix, Inc. All other company and product names are trademarks or registered trademarks of their respective holders.