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UST Global Forms Innovation Lab Partnership with CCH

(ALISO VIEJO, CALIF., August 18, 2011) – UST Global®, the NEXT-Gen IT services and solutions provider, today announced that it has entered into a partnership to provide new innovation lab services to CCH, a Wolters Kluwer business and the leading global provider of tax, accounting and audit information, software and services. Through this partnership, CCH will further expand its significant investment in customer insight and innovation to extend its capacity to introduce new services and solutions for tax and accounting professionals more quickly than ever.

Under the agreement, UST Global will work with CCH to create and sustain an innovation lab to research emerging technologies, and fast-track prototypes and proof of concepts to ensure CCH customers benefit from new products and solutions first.

“Like CCH, UST Global is an innovation leader, and our partnership further enhances that leadership to ensure CCH customers have fast access to the latest technologies, applied to meet their specific needs,” said Brian Diffin, Vice President and Chief Technology Officer for CCH.

“We’re pleased to make our innovation engine available to a market leader such as CCH to reduce the time it takes to get great new products into the hands of professionals,” said Floyd Saunders, the UST Global Director of the Innovation lab for CCH. “We’re very pleased that CCH - a market leader around the world - has chosen to further advance their significant investment in innovation by partnering with UST, given our global capabilities,” said Joe Nalkara, President, UST. “This will help CCH more rapidly build prototypes of solutions that CCH can quickly evaluate for use in serving professionals worldwide – while also keeping their full focus on ongoing product management and development cycles.”

About CCH, a Wolters Kluwer business

CCH, a Wolters Kluwer business (CCHGroup.com) is the leading global provider of tax, accounting and audit information, software and services. It has served tax, accounting and business professionals since 1913. Among its market-leading solutions are The ProSystem fx® Suite, CorpSystem®, CCH® IntelliConnect®, Accounting Research Manager® and the U.S. Master Tax Guide®. CCH is based in Riverwoods, Ill. Wolters Kluwer (www.wolterskluwer.com) is a market-leading global information services company. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.

About UST Global ®

UST Global® is a next-generation IT service and business process outsourcing provider focused on delivering IT and business solutions to the Global 1000 market. Distinguished by its commitment beyond contract, the company focuses on added attention to fewer large, long-term, loyal clients. UST Global® uses an optimal blend of locally-based senior resources and highly accomplished and cost-effective offshore teams.  Headquartered in Aliso Viejo, California the company fosters client-specific cutting-edge innovation from its state-of-the-art centers in India and the Philippines which are consistently praised and awarded by customers. For more information visit: www.ust-global.com.

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