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CCH Introduces New CorpSystem™ Suite of Solutions for Corporate Tax Professionals

Market Leader Leverages Experience, Expertise to Offer Expanded Services

(RIVERWOODS, ILL., October 1, 2007) – CCH, a Wolters Kluwer business today announced the launch of CorpSystem™, a new brand of software and workflow solutions created specifically for tax and accounting corporate professionals (CCHGroup.com/CorpSystem).The CorpSystem suite now provides sales and use tax software solutions that are accurate, easy to use and integrated with the corporate tax department’s daily workflow. CCH is a leading provider of tax, accounting and audit information, software and services (CCHGroup.com).

Leveraging CCH’s longstanding leadership in serving tax and accounting professionals with authoritative content and innovative workflow solutions, CorpSystem is completely focused on providing professionals in corporations with a suite of customized solutions integrated with their specific workflow needs. With the CorpSystem suite of solutions from CCH, corporate professionals can reduce the cost of compliance by improving productivity and efficiency, as well as more effectively managing deadlines and risk and avoiding penalties.

“The most successful CPA firms have relied on CCH as a strategic partner for tax and accounting information and compliance needs for nearly 100 years,” said CCH President Mike Sabbatis. “Now, CCH will extend our presence in the corporate arena, serving these professionals with the same commitment to solutions and service excellence that have made us a market leader with CPA firms today.”

The CorpSystem brand is being launched October 1, kicking off with the new web site CCHGroup.com/CorpSystem and the re-branding of CCH Sales & Use Tax products. Other products under the new brand will roll out in the months ahead, including the new CorpSystem™ Sales Tax Office and a corporate-branded version of ProSystem fx Fixed Assets. Additional new and customized products will also be introduced as the suite is extended to include new income tax, accounting and audit solutions.

The suite is an expansion of products and services offered by CCH, and it will be supported by a dedicated team of product, sales and service professionals. CorpSystem will cover a wide range of corporate tax functions including:

  • Tax rate and taxability research;
  • Tax calculation;
  • End-of month liability determination;
  • Returns preparation, remittance and e-filing; and
  • Exemption certificate management.

The development of CorpSystem is the direct result of CCH’s commitment as a strategic partner to its customers.

“While we have served corporate professionals in large companies for many years with our Research and Sales & Use Tax products, CCH learned from speaking with hundreds of professionals that we had an opportunity to serve an expanded range of their needs with a dedicated suite of solutions,” said Sabbatis. “CCH will now focus on best serving corporate professionals with an exciting line of tax, accounting and audit solutions that will all be part of the CorpSystem suite.”

At the same time, CCH will continue its commitment to market leadership in serving professionals in CPA firms, with a record level of resources focused on these customers.

“CCH is investing more today in professionals in the CPA firm and corporate markets than ever before, demonstrating our complete and continued commitment to serving professionals best through ongoing investment and innovation,” said Sabbatis.

For More Information

For more information about the new CorpSystem suite of solutions for corporate professionals, please visit CCHGroup.com/CorpSystem or call 1-866-513-CORP (1-866-513-2677).

About CCH, a Wolters Kluwer business

CCH, a Wolters Kluwer business (CCHGroup.com) is a leading provider of tax, audit and accounting information, software and services. It has served tax, accounting and business professionals since 1913. Among its market-leading products are The ProSystem fx® Office, CorpSystem™, CCH® Tax Research NetWork™, Accounting Research Manager® and the U.S. Master Tax Guide®. CCH is based in Riverwoods, Ill.

Wolters Kluwer is a leading global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory sectors. Wolters Kluwer has 2006 annual revenues of €3.7 billion, employs approximately 19,900 people worldwide and maintains operations across Europe, North America, and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. For more information, visit www.wolterskluwer.com.

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