May 5, 2004
FOR IMMEDIATE RELEASE
Sabrix and Ryan & Company Announce Strategic Alliance.
San Ramon, California - Sabrix, Inc., a leading provider of enterprise
tax applications, today announced that it has formed a strategic alliance
with Ryan & Company, Inc., the largest independent state and local tax
consulting firm in the U.S. The strategic alliance enables Sabrix and
Ryan & Company to jointly market and deliver flexible transaction tax
solutions to businesses throughout the U.S.
The companies will work together to provide enterprise transaction tax
solutions and consulting services that enable Fortune 1000 companies to
lower the total cost of tax compliance through the centralized management
of indirect taxes. Ryan & Company tax professionals are specially trained
on the Sabrix Application Suite and will assure clients' unique tax needs
are addressed throughout the implementation.
"Our tax technology practice provides advanced, precision tax automation
and reporting solutions, specializing in the automation of complex transaction
tax decisions," said G. Brint Ryan, CEO and Managing Principal, Ryan &
Company. "The strategic alliance with Sabrix integrates our tax technology
team with the developers of the Sabrix Application Suite, providing us
with a powerful new tax automation solution to deliver to our clients."
"As we grow in the market, this alliance enables us to more effectively
serve the unique needs of companies' sales and use tax programs," said
Eric Ruud, senior vice president of sales for Sabrix. "Ryan & Company
has a sophisticated implementation team with seasoned tax and system professionals
that will effectively support our new joint customers."
About Ryan & Company
Ryan & Company is America's largest independent state and local tax consulting
firm. Headquartered in Dallas, Texas, the firm provides a comprehensive
range of state and local tax services on a multistate basis, including
audit defense, tax recovery, tax decision automation, dispute resolution,
and strategic planning. The Ryan & Company Tax Technology practice provides
advanced transaction tax automation solutions for SAP, Baan, Oracle and
other leading ERP software applications. With more than 325 professionals
and associates in 14 locations throughout the United States, Ryan & Company
serves many of the world's most prominent Fortune 1000 companies.
About Sabrix
Sabrix, Inc. is a leading provider of enterprise tax software and world-class
tax research that enables Global 2000 companies to lower the total cost
of tax compliance through the centralized management of indirect taxes
for over 110 countries. The Sabrix Application Suite provides complete
solutions for all financial applications that require the determination,
calculation, and reporting of domestic sales and use tax or international
VAT supporting over 100 countries. The Sabrix Suite seamlessly integrates
with sales and purchasing applications and unlocks the value of existing
ERP platforms by centralizing tax determination and by providing a single
compliance database for either domestic or international tax organizations.
For global enterprises that are centralizing worldwide financial systems,
the Sabrix Suite can also be used to centralize all domestic and international
tax determination on a single platform. Sabrix is committed to further
empower tax professionals by ensuring complete visibility and control
over indirect taxes, eliminating risks and exposures, facilitating strategic
planning and optimization, and delivering a guaranteed return on their
technology investment. For more information on Sabrix Sales and Use, Sabrix
VAT, or Sabrix Global Tax Management solutions, visit www.sabrix.com.
For customers interested in learning more about Sabrix:
In the United States 1 866 4-SABRIX, or globally +1 925 543 0110.
PRESS INFORMATION CONTACTS:
G. Brint Ryan
Ryan & Company, Inc.
972.934.0022
brint.ryan@ryanco.com
Jill Dornan
Sabrix Inc. Press Relations
503.262.6505
email: jill.dornan@sabrix.com
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