Zytax Debuts Tax Determination Solution 2.0Offers Streamlined Tax Compliance, Decreased Complexity HOUSTON – July 28, 2009 – Zytax, a wholly owned subsidiary of FuelQuest, Inc. and supplier of strategic software automation solutions for global indirect tax determination and excise motor fuels compliance for the energy industry, announced today it has released its Tax Determination Solution 2.0 (TDS 2.0), the first tax determination application built on the Zytax Management Solution (ZMS). “Zytax is proud to announce the release of the most advanced Tax Determination Solution in the market today," said John Beaty, executive vice president and general manager of Zytax. "This release demonstrates strong product evolution based upon customer requirements as well as our commitment to ensure that we are delivering cutting edge technologies for today and the future." TDS 2.0 is powered by ZMS, the new Microsoft® .NET Architecture for the Zytax product line and provides a number of functional and technical enhancements over previous versions, reinforcing users' abilities to comprehensively automate the indirect tax determination process. Product features include enhanced scenario-based rules management, compliance integration, improved customer profile management, additional user interfaces for data management, as well as integrated rate management functionality and a simplified, custom-rule creation capability for managing complex tax rate changes. Zytax, a FuelQuest company, supplies strategic software automation solutions for global indirect tax determination and excise motor fuels compliance for the energy industry. Headquartered in Houston, Zytax has served the energy industry for more than 14 years, providing excise and specialty tax solutions for more than 700 installed customers. For more information call 713.222.5700 or visit www.zytax.com. Media Contact:
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