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CCH Leaders Highlight Importance of Partnership, Innovation and Transformation at 2007 User Conference

Record Number of Professionals Gather at Leading Learning, Networking Event  

(GRAPEVINE, TEXAS, November 5, 2007) – Speaking to a record number of tax and accounting customers attending the CCH User Conference 2007, CCH leaders outlined investments the organization is making in innovative technology and information solutions to ensure professionals are best positioned to meet their clients’ changing needs. CCH, a Wolters Kluwer business is a leading provider of tax, accounting and audit information, software and services (CCHGroup.com). The CCH User Conference, which includes participation by more than 950 tax and accounting professionals, including customers, industry leaders and CCH team members, is taking place November 4-7, 2007, at the Gaylord Texan Resort & Convention Center.

The opening keynote sessions included remarks by Wolters Kluwer CEO and Chairman Nancy McKinstry, Wolters Kluwer Tax and Accounting CEO Kevin Robert and CCH President Mike Sabbatis. Sabbatis opened the conference highlighting the opportunity for firms to develop greater resilience to pressures in the profession by becoming more intelligent businesses.

“With the convergence of regulatory, technology, business and demographic forces in the profession today, even the most successful firms are being challenged,” said Sabbatis. “A firm’s ability to succeed in this environment depends in large part on its ability to build and sustain a highly intelligent business, leveraging its most valuable assets – professional staff and technology – to the greatest extent possible.”

Sabbatis noted the execution of knowledge management and paperless office strategies as cornerstones of the intelligent business, highlighting CCH solutions that are available today that can help firms be more successful. Additionally, he said, firms need to have the right strategic partner to help them.

McKinstry discussed how professionals benefit from being served by a Wolters Kluwer business. McKinstry highlighted the record-level investment Wolters Kluwer is making in next-generation platforms and technologies, and how the company is leveraging global resources to build out international content and software products for tax, accounting and audit professionals.

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

“Striving to provide our customers with solutions that allow us to participate more deeply in their workflow is our most important objective as a company and where we are making considerable investments. The strength of the partnerships we build with our customers not only fuels, but ensures our common successes,” said McKinstry.

Robert told the audience these are “transformational times,” with challenges that include increasing regulatory complexity; higher demand for value-added services; the need for anywhere, anytime access to information and applications; and the challenge to retain and recruit staff. The focus on helping customers address these challenges and opportunities is what drives CCH – from strategic planning through product development, he said.

“As your strategic partner, CCH is at the forefront of delivering the best solutions because we start with and stay focused on what our customers need to serve their clients best,” Robert said. “For example, firms today are facing staffing challenges at the same time your clients are demanding higher level services. You need to do more, with less, and CCH can help make you more efficient with innovative, integrated workflow solutions that continue to evolve with your needs.”

As an example, Robert announced the release of CCH’s new ProSystem fx Document solution that integrates with Microsoft Outlook®. Using this new functionality in CCH’s award-winning document management software, users can now drag and drop e-mails directly from Outlook into client folders in Document – and access Document’s functionality from Outlook, as well.

“The benefits of this workflow innovation are firm-wide, enabling enhanced collaboration, better exchange server management and regulatory compliance with e-mail management,” Robert said.

Record-setting Conference

In just its third year, the CCH User Conference has fast become the premier conference for tax and accounting professionals.

“The CCH Conference sets the standard in the profession because it offers an opportunity like no other: To come together with the leaders in the profession – the best people and the best products – to learn and leverage information and solutions to build even greater success,” said Robert.

About CCH, a Wolters Kluwer business

CCH, a Wolters Kluwer business (CCHGroup.com) is a leading provider of tax, audit and accounting information, software and services. It has served tax, accounting and business professionals since 1913. Among its market-leading products are The ProSystem fx® Office, CorpSystem™, 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, and legal and regulatory sectors. Wolters Kluwer had 2006 annual revenues of €3.4 billion, employs approximately 18,450 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 Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. For more information, visit www.wolterskluwer.com.

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