May 13, 2004

Best Software, CCH Tax and Accounting Announce Alliance Delivering New Solutions to Accounting Marketplace

Best Software and CCH Tax and Accounting announced that they have entered into an agreement to provide complementary products and services to both companies' accountant customers. The new alliance is designed to leverage opportunities for the two market leaders to work together to best serve the needs of their customers in the accounting market. As a first step, the companies have announced new integration between CPAPractice Manager (formerly Visual Practice Management) and ProSystem fx Tax, offering a seamless practice management and tax compliance solution for accountants.

"CPAPractice Manager is already regarded as a market leader in practice management. By partnering with CCH Tax and Accounting, which has the leading tax compliance solution in the industry, we're offering our customers the best of both worlds," said Ray Jimison, general manager, CPASoftware. "We're excited to integrate ProSystem fx Tax with CPAPractice Manager to deliver the best possible solution to our customers now, and to open the door for possible future opportunities for our customers."

As a result of this partnership, CPASoftware will no longer be developing its tax product, and will instead offer its customers tight integration with the market-leading tax solution from CCH Tax and Accounting - ProSystem fx Tax. To ensure an easy transition, existing CPASoftware tax customers will have access to free conversion services, web-based training and other benefits, so that they can get up and running smoothly as soon as possible.

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