Deloitte & Touche Tax Technologies Launches CORPTAX(R) ETS, The First Enterprise Corporate Tax System.

Internet Browser-Driven System Provides Intuitive Interface and Global Access

DEERFIELD, Ill., Oct. 29 /PRNewswire/ --

CORPTAX(R) ETS (Enterprise Tax System), the first fully integrated and browser-driven compliance and planning tax software system, is now available to corporate tax departments. The new software provides users with an intuitive interface and virtually seamless integration across functional tax areas, and is driven by an Internet browser, which allows for global access via a company's intranet. CORPTAX ETS is a product of Deloitte & Touche Tax Technologies LLC, which is the tax technology division of Deloitte & Touche LLP, one of the nation's leading professional services firms.

The market's first enterprise tax system, CORPTAX ETS encompasses federal, state and international compliance and planning for corporate, partnership, Sub Chapter S, REIT (Real Estate Investment Trust) and RIC (Regulated Investment Company) entities all under a single umbrella. By integrating essentially all aspects of compliance and planning within one system, CORPTAX ETS can replace the current industry method of relying on a combination of multiple software systems and manual processes to handle all of these different tax functions and duties in a corporate tax department.

"The ease of use, remote access capability and leading-edge functionality and flexibility of CORPTAX ETS will change the way tax departments function, allowing them to operate more strategically with advanced planning and process improvement capabilities," said Ray Lombardi, Chief Executive Officer of Deloitte & Touche Tax Technologies. "Future releases of the software will include many new features and functions that do not currently exist in the marketplace. CORPTAX ETS is the foundation that Deloitte & Touche Tax Technologies will build on to continue to deliver superior technology products to the marketplace for many years to come."

The browser-driven design of CORPTAX ETS provides for remote access capabilities on a worldwide basis. Tax departments can now prepare, review and print returns from any location worldwide that has a web browser and access to their company's intranet. This architecture gives tax professionals the flexibility to easily handle remote processing or multiple tax departments or locations, while also providing an efficient telecommuting solution. CORPTAX ETS offers tax professionals an easy-to-use system for accessing, reviewing, comparing and reporting domestic and international tax information. The system is grounded by the proven calculations and built-in intelligence of CORPTax, the most reliable, flexible and accurate system on the market. CORPTax is the multiyear tax compliance and planning system that helps corporate tax departments manage their company's tax liabilities and comply with the multitude of complex laws and regulations.

For more information on CORPTAX ETS, contact Pierce Thompson at (847) 236-8200 or via e-mail at pithompson@deloitte.com. More information about CORPTAX ETS is available at the Deloitte & Touche Tax Technologies' web site at http://www.corptax.com.

About Deloitte & Touche Tax Technologies

Deloitte & Touche Tax Technologies, a subsidiary of Deloitte & Touche, develops, implements, supports, and provides education for specialty corporate tax software products under the brand name CORPTax Software. For more than 25 years, CORPTax Software has had a significant impact in the corporate tax software marketplace, allowing companies to automate, calculate and prepare their corporate consolidated tax returns and provisions in a streamlined, cost-effective manner. Deloitte & Touche Tax Technologies employs over 350 tax and technology professionals and has an impressive client list that totals over 1,200 companies, including more than half of the Fortune 500. The company is headquartered in Deerfield, Illinois, with two additional regional offices in Dallas, Texas and Woodland Hills, California. For more information, please visit Deloitte & Touche Tax Technologies' web site at http://www.corptax.com.

About Deloitte & Touche

Deloitte & Touche, one of the nation's leading professional services firms, provides assurance and advisory, tax, and management consulting services through nearly 30,000 people in more than 100 U.S. cities. The firm is dedicated to helping our clients and our people excel. Known as an employer of choice for innovative human resources programs, Deloitte & Touche has been recognized as one of the "100 Best Companies to Work For in America" by Fortune magazine for four consecutive years. Deloitte & Touche refers to Deloitte & Touche LLP and its related entities. Deloitte & Touche is the U.S. national practice of Deloitte Touche Tohmatsu. Deloitte Touche Tohmatsu is a Swiss Verein, and each of its national practices is a separate and independent legal entity. For more information, please visit Deloitte & Touche's web site at http://www.us.deloitte.com.

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