SOURCE: Sabrix

October 11, 2006 11:15 ET

Sabrix Honored by Entrepreneurs Foundation of the Northwest for Community Involvement

LAKE OSWEGO, OR -- (MARKET WIRE) -- October 11, 2006 -- Sabrix™, Inc., the leading provider of transaction tax management solutions, has been presented with the 'Building the Future Award' from the Entrepreneurs Foundation of the Northwest (EFNW). The company was recognized for successfully integrating philanthropy and community involvement into its core business values and practices.

The Entrepreneurs Foundation of the Northwest 'Building the Future Award' is given annually to a company that best represents the mission of EFNW: to engage entrepreneurial companies in corporate citizenship and philanthropic efforts so that new and leveraged resources are generated for community benefit. Sabrix received the award at the EFNW's 'LIGHT A FIRE' event last night.

"At Sabrix, we believe we have a responsibility to strengthen and improve the quality of life in the communities where we live and work," says Steve L. Adams, president and CEO of Sabrix. "This recognition belongs to dedicated Sabrix employees who demonstrate their leadership and who volunteer their time, energy, and passion to make the programs we participate in successful. I am proud of their work and the manner in which they represent Sabrix. I also want to thank EFNW for recognizing them."

The company's community involvement team promotes company-sponsored volunteer projects, providing employees with a wide range of opportunities to get involved. Employees also receive paid time off for those projects. Sabrix and its employees have donated cash and in-kind contributions to a variety of Northwest and national community benefit organizations, including HeadStart, Habitat for Humanity, KABOOM, Oregon Food Bank, Saturday Academy, Schoolhouse Supplies and Transition Projects, Inc.

About Sabrix

A proven expert in transaction tax management, Sabrix enables finance, tax, and IT professionals to achieve accurate, timely, and cost-effective compliance for sales tax, use tax, VAT, and industry-specific taxes and fees. The Sabrix Managed Tax Service™ eliminates the hassle, limits the audit exposure, and reduces the cost of tax compliance for mid-sized companies. The company's Consolidated Transaction Tax Management™ applications and services empower global companies to manage transaction tax with consistent accuracy, control, and efficiency. Sabrix's customers include Amazon.com, BASF, Cisco, DTE Energy, IBM, QUALCOMM, Sportsman's Warehouse and York International. For more information, please visit www.sabrix.com.

Sabrix, Sabrix Managed Tax Service, and Consolidated Transaction Tax Management are trademarks of Sabrix, Inc. All other company and product names are trademarks or registered trademarks of their respective holders.

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