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CCH Acquires SpeedTax: Move Positions CCH As Only Provider of SaaS Solutions, Premier Tax Content and Services in Corporate Market

RIVERWOODS, Ill. July 26, 2011 Wolters Kluwer CCHGroup.com

SpeedTax serves small-to-medium sized enterprises (SMEs) in the corporate market and CPA firms that support SMEs’ sales and use tax compliance processing.

Mike Sabbatis

SpeedTax’s easy-to-use SaaS sales and use tax solutions perform real-time, automated sales tax calculations, integrated with customers’ financial or e-commerce systems. They also provide automatic returns preparation and filing, while enabling reporting, treasury management and audit defense with web-based compliance management and reporting tools.

CCH will continue serving SpeedTax customers with the solutions and services they value. SpeedTax products will be offered as a distinct product line within CCH’s suite of content and software offerings for professionals in corporations of all sizes.

Like SpeedTax, CCH has a demonstrated commitment to innovation, quality and customer service. Going forward, CCH will bring new levels of content, investment and support to the business, to meet an expanded range of customer needs and to serve them best.

Laguna Hills, Calif. www.speedtax.com

Wolters Kluwer

Wolters Kluwer CCHGroup.com fx ® , CorpSystem ® CCH ® IntelliConnect ® Accounting Research Manager ® U.S. Master Tax Guide ® Riverwoods, Ill. Wolters Kluwer www.wolterskluwer.com Wolters Kluwer the Netherlands

nb-11-94

Wolters Kluwer

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