CCH Expands Outsource Capabilities to Business, Partnership, Non-profit Returns

(RIVERWOODS, ILL., February 2, 2005) – Based on strong customer demand, CCH ProSystem fx^® Outsource is expanding its scope to accept business and non-profit, as well as individual and fiduciary, returns. Outsource is part of The ProSystem fx Office suite of products from CCH Tax and Accounting (CCH), the nation’s premier provider of tax and accounting productivity software, research and services (tax.cchgroup.com). Outsource is a leading solution for accounting professionals who have to send some of their work out during the busy tax season.

“Our users said they wanted to use Outsource for forms 990, 1065, 1120 and 1120S, and we’re happy to make that facility available,” said Mike Gamble, product manager for CCH.“Outsource has become the most viable solution because it’s designed with professionals’ needs in mind, and because it’s constantly being enhanced based on user’s feedback.”

About ProSystem fx Outsource

The ProSystemfx Outsource service streamlines tax return processing operations by leveraging the lower cost of highly trained tax professionals in other countries, helping firms cut costs by up to 50 to 60 percent. In addition, firms using Outsource are able to focus current staff on higher value tasks and increase morale and productivity among staff by reducing long work hour requirements.

With Outsource, firms convert the variable cost of tax preparation to a fixed cost and help move towards a paperless environment by providing electronic document storage that eliminates the need to store hard copies.

About CCH Tax and Accounting

CCH Tax and Accounting (tax.cchgroup.com), based in Riverwoods, Ill., is a leading provider of tax, audit, and accounting information, software and services. It has served tax, accounting and business professionals and their clients since 1913. Among its market leading products are The ProSystem fx® Office, CCH® Tax Research NetWork™, Accounting Research Manager™ and the U.S. Master Tax Guide®. CCH Tax and Accounting is a Wolters Kluwer company. Wolters Kluwer is a leading multinational publisher and information services company.

Wolters Kluwer has annual revenues (2003) of €3.4 billion, employs approximately 18,750 people worldwide and maintains operations across Europe, North America and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands (www.wolterskluwer.com). Its depositary receipts of shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.

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