SOURCE: Sabrix, Inc.

September 01, 2009 08:00 ET

Lextron Animal Health Selects Sabrix to Consolidate Its Sales and Use Tax Operations

Extensive SAP Expertise, Access to Latest Tax Data and Trusted Technology Platform Among Key Reasons Company Chooses Sabrix

SAN RAMON, CA--(Marketwire - September 1, 2009) - Sabrix, Inc., a leading provider of transaction tax management for companies of all sizes, today announced that Lextron Animal Health (http://www.lextronanimalhealth.com), a leading distributor for all major brand animal health products, has selected Sabrix's Application Suite to consolidate its sales and use tax operations.

Prior to selecting Sabrix, Lextron used a custom-built solution, however, as the company grew, the system was not able to scale to meet the thousands of tax rate and tax jurisdiction changes a year, and the abundant product taxability rules unique to Lextron's industry. As a result, the company decided to search for a best-of-breed technology platform that would allow them to consolidate their operations while leveraging existing technology and processes, and achieve a higher degree of compliance.

"We expect to achieve compliance with confidence faster and with more consistency than ever before by using the Sabrix Application Suite, a trusted tax platform used by Global Fortune 500 companies," said Tim Hays, Director of IT for Lextron. "After a full evaluation of the market, Sabrix's ability to rapidly deploy its industry-proven tax platform, coupled with the company's deep SAP expertise and access to the latest tax data were among the key reasons we decided to go with them."

"When companies consolidate their sales and use tax operations they are able to more efficiently achieve a higher degree of compliance," said Pam Kostka, SVP of Corporate Marketing, Sabrix. "And because Sabrix already works with a growing roster of animal health care products and services companies to achieve their transaction tax compliance objectives, Lextron will have the added benefit of our vertical-specific expertise."

Anticipated benefits using Sabrix include:

--  Ability to automatically handle robust customer and product taxability
    rules
--  Access to reliable and relevant tax data for better and timelier
    decisions
--  Seamless integration with finance systems and existing SAP ERP
    platform for a higher degree of compliance
--  Rapid deployment of trusted tax platform used by leading global
    companies
    

About Lextron Animal Health

Lextron Animal Health is a distributor for all the major animal health companies branded products. The company also markets over 200 products under its own exclusive house brands of Aspen, Aspen Dairy Solutions, and Cooper's Best. Products include pharmaceuticals, biologicals, insecticides, anthelmintics, cleaning and sanitizing agents, as well as many other specialty products. More information can be found at: http://www.lextronanimalhealth.com.

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™ 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™ (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.

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