Sabrix Showcases Global 2000 Best Practices for Transaction Tax Management

Sabrix to Present at Tax Executives International Tax School Event

SAN RAMON, Calif. – March 9, 2006 — Sabrix, Inc., the leading provider of Consolidated Transaction Tax Management™ applications, will present at the upcoming Tax Executives Institute (TEI) Tax School being held next week, March 13 through 17, 2006, in Houston, Texas. Chris Causey, Sabrix’s regional vice president of sales will participate in a panel on sales tax automation with other vendors in the transaction tax space. The session will cover sales tax management issues facing companies across the country, and review the latest developments in sales tax automation.

In the sales tax automation session scheduled for Monday, Causey will share how companies can overcome common challenges in effective sales tax management, such as accuracy, cash flow management and auditing, through use of a consolidated transaction tax management system. Sharing success stories and best practices from Sabrix’s Global 2000 customers, Causey will showcase how to manage sales, use, and value-added taxes for consistent accuracy, control, and efficiency.

WHO: Chris Causey, Regional Vice President of Sales
WHAT: Session Panel: “Sales Tax Automation”
WHEN: Monday, March 13, 2006 at 8:30 a.m.
WHERE: TEI Tax School, Four Seasons Hotel in Houston, Texas

Sabrix offers the most complete solution for automating all transaction tax types, including sales, use, value-added (VAT), and industry-specific tax and fees. Leading companies in industries such as chemicals, energy and manufacturing rely on Sabrix for consolidating and automating their taxes, especially when facing industry-specific taxes, such as excise and environmental taxes. With a flexible and easy-to-use platform, Sabrix applications empower tax and finance professionals to manage their transaction tax system through clicks, not complicated code changes, allowing them to eliminate manual processes and apply their true expertise in tax planning for cash and resource optimization.

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

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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.