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Leading Logistics Solution Provider, SDI Industries, Uses Sabrix Managed Tax Service Integrated With Microsoft Dynamics NAV to Save Tens of Thousands of Dollars Annually

Outsourcing Approach Slashes Administrative Costs and Enables Company to Focus on Company Growth

SAN RAMON, CA -- (Marketwire) -- 09/15/09 -- Sabrix, Inc., a leading provider of transaction tax management for companies of all sizes, today announced that SDI Industries (http://www.sdiindustries.com), a leading logistics solution provider, has saved tens of thousands of dollars annually using Sabrix Managed Tax Service (MTS) integrated with Microsoft Dynamics NAV.

Prior to Sabrix, SDI Industries (SDI) utilized a laborious, manual process requiring 40 hours a month to meet their sales and use tax compliance obligation, including an intensive reconciliation process at the end of each month. Despite this investment of time and resources, the process was error prone including overpayment of tens of thousands of dollars in sales tax and significant re-work based on SDI's clients highlighting discrepancies.

"As we proceed with Sabrix, this type of on-demand service will help us continually and cost-effectively stay in compliance and fine-tune our tax management environment," said Mark A. Conrad, Chief Financial Officer of SDI. "Sabrix is providing excellent value. The implementation and integration could not have gone any better and now we don't have to sweat over sales tax compliance and the associated costs and distractions anymore."

In 2008, SDI embarked on remedying the issue by installing a new accounting system, Microsoft Dynamics NAV that could easily integrate with a robust sales and use tax solution. After evaluating multiple market alternatives, SDI concluded that an outsourced approach that entrusted their sales and use tax compliance to proven experts offered greater value than continuing to manage it in-house using software and their own resources. SDI selected Sabrix MTS, an outsourced sales and use tax service that includes an on-demand version of the same trusted tax platform that powers over $1.7 trillion in transaction taxes for companies of all sizes, combined with professional services from a multidisciplinary team of tax experts and SAS 70 certified processes. Other solutions provided software, but did not alleviate the need for internal staff with tax and technical expertise to manage it.

Facing a very short window to get its new tax system up and running, SDI worked with Microsoft partner OfficeOps to accelerate the integration process.

"Sabrix has clearly invested in understanding Dynamics NAV and has built a sophisticated integration that is optimized to work with the specific capabilities that NAV offers. As a result, implementations are designed to be fast, smooth and easy, allowing NAV customers to easily add sales and use tax compliance capability with minimal disruption to their existing processes," said Jack Gentle, CEO of OfficeOps. "SDI's combined solution was in the testing phases within two weeks and was fully operational in under a month."

Benefits achieved by SDI by using Sabrix MTS integrated with Microsoft Dynamics NAV include:

--  Streamlined tax process -- Sabrix MTS automated SDI's entire sales and
    use tax process, from rules-based tax determination to applying up-to-date
    tax rates.  The first month alone, SDI shaved 25 hours from the
    reconciliation process and at least 10 hours on management of day-to-day
    tax processes.
--  Ensured tax accuracy -- SDI now has confidence that its tax
    determinations and calculations are correct and that it is not over-
    charging or under-charging its clients.
--  Fast, seamless integration with Microsoft Dynamics NAV -- Sabrix MTS
    was up and running and fully integrated with Microsoft Dynamics NAV in
    record time, with a seamless flow of information across the integrated
    environment.
--  Cost-effective, on-demand expert service -- Sabrix's team of tax
    experts is available to back up SDI's transaction tax management process,
    on demand.  This includes providing expert advice on complex taxability
    issues and extends to nexus studies and audit support.
    

OfficeOps will showcase SDI's successful Sabrix MTS integrated with Microsoft Dynamics NAV solution September 14-15 at the Microsoft Dynamics NAV User Group (NAVUG) (http://www.dynamiccommunities.com/summit2009/gpug/summithome09.asp) Forum in Chicago, IL.

About SDI Industries

SDI Industries is a leading provider of systems and solutions to the retail, wholesale, fulfillment and e-commerce industries for all aspects of distribution center materials handling. As a global systems integrator, SDI designs solutions which improve productivity and retail sales margin while supporting sales growth. SDI has operations in the USA, UK, France, Germany, Italy, Spain, the Netherlands and Chile ensuring that customers can benefit from the strength and expertise of SDI while benefiting from local market knowledge and support. For more information, go to: http://www.sdiindustries.com.

About OfficeOps

OfficeOps is a Microsoft Partner specializing in providing top quality IT consulting, offering professional services that allow its clients to realize the maximum benefit from their technology investment. OfficeOps helps companies leverage the latest technologies to reduce costs, eliminate inefficiencies, and provide "leading edge" performance to their customers.

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(TM) serves global enterprises such as Amazon.com, BASF, Cisco, DTE Energy, IBM, 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(TM) (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.

Sabrix, Sabrix Application Suite, Sabrix Managed Tax Service and Sabrix MTS are trademarks of Sabrix, Inc. All other company and product names are trademarks or registered trademarks of their respective holders.

For press inquiries:
Aimee Quemuel
Codey Communications
415-753-9005
Email Contact

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