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Wolters Kluwer Tax & Accounting Appoints Barbara Kroll to Lead Twinfield in the United Kingdom, Further Expanding Europe’s Largest Online Accounting Web Service

(RIVERWOODS, ILL., October 31, 2012) – Wolters Kluwer Tax & Accounting has appointed Barbara Kroll as UK Managing Director of Twinfield, effective immediately. Twinfield is Europe’s first and largest web service for online accounting. In this new role, Kroll will lead the expansion of Twinfield’s operations in the United Kingdom as part of Wolters Kluwer Tax & Accounting’s overall global growth strategy to expand its portfolio of collaborative cloud-based solutions for professionals. Wolters Kluwer Tax & Accounting is a global leading provider of tax, accounting and audit information, software and services.

Twinfield, founded in 2000 by Dutch entrepreneur André Kwakernaat, was acquired in 2011 by Wolters Kluwer Tax & Accounting, to advance its cloud-based tax and accounting services across Europe. Twinfield’s primary operations are in the Netherlands and United Kingdom.

Since its acquisition, Twinfield’s bookkeeping software has been integrated with Wolters Kluwer Tax & Accounting’s CCH-branded tax, accounting and audit offering in the United Kingdom. This enables accounting practices to support their clients with cloud-based functionality.

Previously Kroll served as Wolters Kluwer Tax & Accounting’s Segment Vice President for Europe where she contributed significantly to the creation of the organization’s tax software strategy across Europe and helped to drive the transformation of the business as it continued to transition to software, cloud and mobile solutions.

“I am very pleased to have Barbara taking on this new role,” said Wolters Kluwer Tax & Accounting CEO Kevin Robert. “Barbara has been an outstanding leader for the development of new products and technologies that meet the needs of accountants across Europe. Based on this success, she is exceptionally well suited to lead the expansion of Twinfield in the UK.”

About Twinfield

Twinfield is the European market leader in the area of online accounting and part of Wolters Kluwer Tax & Accounting. Today more than 80,000 financial accounts are being compiled using Twinfield in 22 countries. Online accounting via Twinfield means flexible accounting, with a range of subscriptions to suit small and large organizations. Twinfield also ensures efficient, secure, real-time data exchange between clients and administration or accountancy firms. Because Twinfield works as a web application, users can access and exchange financial reports online anywhere and at any time via a secure Internet connection.

About Wolters Kluwer Tax & Accounting

Wolters Kluwer Tax & Accounting, a division of Wolters Kluwer, is the leading provider of premier information, research and software tools in the global tax and accounting arena. Tax, accounting and audit professionals who serve as trusted advisors to clients and businesses worldwide rely on authoritative content and integrated workflow solutions from global leader Wolters Kluwer Tax & Accounting. Its headquarters are in Riverwoods, Illinois. 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.

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