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CCH’S Commitment to Investment and Innovation Highlighted at 2006 User Conference

(BOCA RATON, FLA., October 30, 2006) – During the opening keynote address to more than 500 tax and accounting professionals attending the 2006 CCH User Conference, Kevin Robert, president and CEO of CCH, a Wolters Kluwer business, outlined the specific new technology initiatives CCH is investing in to ensure its customers are best positioned to grow their competitive business advantage, with CCH as their strategic partner. CCH is a leading provider of tax and accounting law information, software and services (CCHGroup.com). The CCH User Conference is taking place in Boca Raton, October 29 - November 1, 2006.

“With the backing of Wolters Kluwer, CCH is investing more today in our software and research technology than at any other time in our history. Through this significant new investment, CCH is driving new levels of technology innovation through its .Net strategy and enhancements to its online research platform to ensure portability, ease of use and tight integration with our vast array of workflow tools,” said Robert.

Building Better Solutions

“More than ever before, this is a great time to be a customer of CCH,” Robert told attendees. “CCH continues to extend its leadership in providing tax and accounting professionals with best-of-breed, innovative and integrated solutions, and we continue to make significant investments in our research and software solutions to enable our customers’ future success.”

  • Firms of all sizes partner with CCH, including 100 of the Top 100 accounting firms; 98 percent of the Fastest Growing accounting firms and 96 percent of the Best of the Best accounting firms; 
  • 17 CCH products were recognized by Accounting Today on their list of 2006 Top 100 products — the highest number of products recognized; and
  • In every year The CPA Technology Advisors Innovation Award has been given, a CCH product has been the winner.

In his keynote address, Robert also highlighted the large investment CCH is making in customer learning, training and support. In 2003, CCH completely reorganized its business to focus on the wide range of tax and accounting professionals’ needs, within different market sizes, throughout the work day, and throughout the year.

“We’re still the only company today that is truly integrated in this way,” said Robert.

CCH has made in-depth, continuous customer learning a top priority, the CEO told attendees. CCH has implemented an intensive customer learning process and has invested thousands of hours in learning directly about customer needs and applying that learning to drive investments in new services and solutions.

“The single goal of these efforts is to understand and serve customers best,” said Robert.

Investing for Today and for the Future

 “CCH is 100-percent committed to serving the needs of our ProSystem fx and CCH research customers through ongoing investment and innovation,” Robert stated. “It’s this level of commitment that ensures our software and research platforms continue to be market leaders and we continue to lead the industry with innovative new and enhanced solutions.”

 The CCH CEO detailed for attendees CCH’s ProSystem .Net initiative, which is the next generation of The ProSystem fx Office products and architecture that leverages and capitalizes on the latest Microsoft technologies.

 In the overview presented by Robert, he noted that the ProSystem .Net initiative will provide customers with greater accessibility to their ProSystem solutions and enable greater integration with other applications to further streamline workflows. The initiative will: bring The ProSystem fx Office to a centralized framework for tight integration of information and solutions, including a common database; establish interoperability of products to the Internet or desktop; introduce ASP and Smart Client technologies; and create an open architecture with client, third-party or other Wolters Kluwer applications

 Robert also noted that today, CCH has more business resources and funding devoted to the enhancement of its internet platform, Tax Research NetWork, than at any time since its launch. Through significant ongoing investment, CCH is driving new levels of technology innovation through its online research platform to ensure accessibility, and enhance ease of use and tight integration with workflow tools.

 “Customers have seen some of the results of this investment with the release of new versions of CCH@Hand, Smart Charts and Interactive Research Aids greatly improving ease of use,” said Robert, “and you’ll see additional enhancements on an ongoing basis, with a continued drive to make our online products easier to use, and make information more accessible.”

 Building Success Through Community

In closing, Robert thanked attendees for choosing CCH and reinforced CCH’s commitment to their success.

“CCH serves as a strategic partner to our customers, and we are delivering on that commitment through significant investment and innovation, to ensure that CCH customers maintain and advance their business leadership,” he said.

He encouraged attendees to speak with CCH executives, senior product management and development teams throughout the conference regarding their needs.

“The conference is the ideal forum for customers to tell us directly about the challenges you face and how CCH can partner with you to help you overcome those hurdles,” said Robert.  “We will always listen closely to what customers need, and work those needs into our plans as we enhance and build the next wave of CCH products.  We take our responsibility of being a strategic partner to our customers very seriously.”

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 global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory, and education sectors. 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 shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. For more information, visit www.wolterskluwer.com.

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