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BRIAN BIRKHOLZ NAMED CHIEF FINANCIAL OFFICER FOR CORPTAX

We are pleased to announce that CorpTax has named Brian Birkholz Chief Financial Officer. In this position, Brian will be responsible for upgrading the existing financial organization and operational systems as well as developing appropriate financial analysis tools and techniques to support short- and long-term decision making. Additionally, he will work closely with the CEO and CFO of MLM Information Services to build and develop appropriate financial strategies for the company and the group.

Brian brings his financial expertise to CorpTax with over 20 years of experience in the industry. Most recently, Brian served as Senior Vice President and Chief Financial Officer for The Observer North America and Bacon’s Information Inc. where his list of accomplishments include facilitating the divestiture of Bacon’s from Primedia and facilitating 10 business acquisitions in four years.

About CorpTax:

CorpTax is one of the leading developers and licensors of domestic and international corporate tax software systems with more than 1,000 clients. For more than 30 years, companies have relied on CorpTax software to help integrate and automate tax department processes, eliminate manual and redundant tasks, enhance data accuracy and quality, and dramatically improve planning and analysis capabilities.

CorpTax revenues are generated from annual subscriptions and have historically grown at double-digit percentage rates. The company has tremendous growth opportunities due to changes in the regulatory environment and to numerous new product investments that the company has made over the past several years, including an ASP offering.

CorpTax, formerly of Deloitte & Touche, was acquired by MLM Information Services, a company wholly-owned by Warburg Pincus and Mason Slaine, in June 2006 in its first acquisition since the company’s inception in 2005.


STEVE BUCK NAMED CHIEF OPERATING OFFICER FOR CORPTAX

Steve will become an important member of the executive team, responsible for contributing to the long-term growth of CorpTax. He will have overall responsibility for technology vision and strategy, software development, technical operations, product management, and regulatory analysis, encompassing 200 employees in the company’s three offices located in Deerfield, IL; Woodland Hills, CA; and Dallas, TX.

Prior to joining CorpTax, Steve was Vice President of Technology for Thomson Financial, as well as Head of Technology for Primark. Steve previously founded OnPoint Technologies, Inc., a firm specializing in developing Internet-based financial applications and software products for the financial services sector which was acquired by Primark when Steve joined the company. OnPoint assisted in the development of Piranha, Primark's leading analytical application that seamlessly integrates best of breed financial databases for investment research and use with familiar Microsoft Office programs.

About CorpTax:

CorpTax is one of the leading developers and licensors of domestic and international corporate tax software systems with more than 1,000 clients. For more than 30 years, companies have relied on CorpTax software to help integrate and automate tax department processes, eliminate manual and redundant tasks, enhance data accuracy and quality, and dramatically improve planning and analysis capabilities.

CorpTax revenues are generated from annual subscriptions and have historically grown at double-digit percentage rates. The company has tremendous growth opportunities due to changes in the regulatory environment and to numerous new product investments that the company has made over the past several years, including an ASP offering.

CorpTax, formerly of Deloitte & Touche, was acquired by MLM Information Services in June 2006 in its first acquisition since the company’s inception in 2005.

 

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