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ProSystem fx Scan Wins 2006 Tax and Accounting Technology Innovation Award

Award Strengthens CCH’s Leadership in Offering Paperless Workflow for Professionals

(RIVERWOODS, ILL., June 6, 2006) – CCH ProSystem fx Scan, the breakthrough automated document identification tool from CCH, a Wolters Kluwer business, was awarded The CPA Technology Advisor’s Tax and Accounting Technology Innovation Award on June 5, 2006. CCH is a leading provider of tax information, software and services (CCHGroup.com).

CCH ProSystem fx Scan was one of five award winners. A CCH product has won the prestigious honor in each of the three years the award has been given.

“We’re very honored by this special award, and thrilled to be recognized for the third year in a row for product innovation leadership,” said CCH President and CEO Kevin Robert. “This industry recognition confirms what our customers already benefit from – CCH’s commitment to innovation and integration that makes professionals more productive and profitable. We take our responsibility of being a strategic partner to our customers very seriously.”

In 2005, the CCH application CCH@Hand was recognized for its market-leading innovation and in 2004, CCH’s ProSystem fx Engagement paperless audit software received the same honor.

The Innovation Awards are sponsored by The CPA Technology Advisor to recognize innovative developments in technologies that benefit the tax and accounting profession, as well as significant advancements in existing technologies. The awards were announced by Gregory L. LaFollette, CPA, CITP, Executive Editor of The CPA Technology Advisor, at the 2006 California Accounting & Business Show on June 5.

“The marketplace for technologies that enhance productivity and client service in the accounting and tax profession is thriving,” LaFollette said. “Each year we are increasingly impressed with the innovations that vendors develop to help meet the unique challenges we face in our practices, and the Innovation Awards help to further stimulate development by publicly commending those vendors whose products or services represent the most significant technological innovations in these fields.”

About ProSystem fx Scan

“ProSystem fx Scan is an outstanding example of the qualities the Tax and Accounting Technology Innovation Awards were created to recognize – advancements to existing technologies as well as innovative developments in software, services and hardware for tax and accounting professionals,” said LaFollette.

ProSystem fx Scan combines a powerful database engine with a proprietary data dictionary to automatically read and recognize client documents (for example, W-2s, K-1s, interest statements, etc.) needed for preparing 1040 income tax returns and other forms for accounting purposes. The software then sorts, bookmarks and outputs these documents to a single, easy-to-navigate PDF file, allowing the tax professional to use the many powerful annotation tools provided by Adobe Acrobat. The entire process is fully automated and delivered at a significant cost and time savings compared with other available options.

“CCH is focused on ensuring that our customers have best-of-breed integrated workflow solutions that ensure their competitive advantage. I’m pleased to say that with ProSystem fx Scan, we’ve delivered on that commitment again,” said Robert.

Together with CCH’s PDFlyer, an Adobe Acrobat plug-in that facilitates working with multiple PDF files in a paperless, dual screen environment, ProSystem fx Scan provides an extremely efficient system for preparing paperless tax returns.

CCH acquired the product, formerly known as BOCDIP, in early 2006 along with PDFlyer and announced plans to integrate the tools into its portfolio of software solutions, including the market-leading ProSystem fx Tax, ProSystem fx Document and ProSystem fx Engagement to further support professionals’ requirements for paperless workflow environments.

“The integration of these powerful tools with CCH’s premier software offers a tremendous breakthrough in streamlining workflows and enhancing productivity that is unmatched in the market,” said Robert.

With these integrated solutions CCH customers now have a significant advantage in moving to and operating in a paperless office environment where they can realize new efficiencies and opportunities to better serve clients.

“CCH pays very close attention to what our customers need, and we lead the market in delivering the highest quality and most highly integrated solutions,” said Robert.

For More Information

For more information about ProSystem fx Scan, please call 1-800-739-9998 or visit CCHGroup.com.

For more information on the 2005 award-winning CCH@Hand, please call a CCH sales representative at 1-888-CCH-REPS (1-888-224-7377) or visit http://cchathand.com. CCH@Hand is available to CCH Tax Research NetWork customers at no cost .

For more information on the 2004 award-winning ProSystem fx Engagement, please call 1-800-739-9998 or visit CCHGroup.com. ProSystem fx Engagement streamlines tax and trial balance engagements and enables firms to increase efficiency by automating workpaper preparation, management and workflow within a state-of-the-art paperless engagement system. ProSystem fx Engagement integrates with ProSystem fx Tax and other modules in the ProSystem fx Office Suite of compliance and productivity applications.

About CCH, a Wolters Kluwer business

CCH, a Wolters Kluwer business (CCHGroup.com) is a leading provider of tax and accounting law 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 is based in Riverwoods, Ill. 

Wolters Kluwer is a leading multinational publisher and information services company. The Company’s core markets are health, corporate services, financial services, tax, accounting, legal, regulation, and education. Wolters Kluwer has annual revenues (2005) of €3.4 billion, employs approximately 18,400 people worldwide and maintains operations across Europe, North America and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its depositary receipts of shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. For more information, see www.wolterskluwer.com.

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