Breakout Move for Orrtax Software -- It Adds Microsoft TaxSaver Technology, Offers Jobs to TaxSaver Development Team.Business Editors and Technology Writers BELLEVUE Bellevue (bĕl`vy ).1 City (1990 pop. 30,982), Sarpy co., E Nebr., a suburb of Omaha, on the Missouri River; inc. 1855. , Wash.--(BUSINESS WIRE)--March 27, 2000 Orrtax Software, Inc. (http://www.orrtax.com) announced today that it has licensed Microsoft (Microsoft Corporation, Redmond, WA, www.microsoft.com) The most successful and influential software company. Microsoft's software and Intel's hardware pioneered the PC and revolutionized the computer industry. Corporation's TaxSaver(TM) platform for integration into IntelliTax(TM), its Windows-based software for tax preparation professionals. To speed the transition, Orrtax plans to offer jobs to many of the employees -- both full time and temporary -- who were instrumental in developing TaxSaver. Orrtax said it would use the technology and talent to enhance its Windows-based software. A leader in tax preparation software and pioneers in electronic filing technology, Orrtax also gets the exclusive right to use the TaxSaver name for marketing to professional tax preparers. Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. Rufe Vanderpool See VT. said Orrtax would provide stewardship stewardship the occupation of being a steward or custodian. Referring to animals it implies the caring sort of relationship based on an acceptance of the need to include the rights of animals in overall plans to maintain financial viability. for Microsoft's investment to date in tax software technology. "We see this as an opportunity and a responsibility. Microsoft has entrusted us to carry the torch for TaxSaver technology. We're we're Contraction of we are. we're we are proud that they believe in our ability," he said. Vanderpool said the deal provides an opportunity to leapfrog the competition. "The next version of IntelliTax will be the only professional tax software with Microsoft TaxSaver technology," he said. "Combining TaxSaver technology with our proven industry expertise will give our clients the best of both worlds." "Orrtax's knowledge of the tax business became evident as we built the TaxSaver product and worked with them on electronic filing," said Ed Bland, Microsoft Financial Products Group Manager. "Pairing Orrtax's industry expertise with Microsoft's technology will greatly benefit the professional tax preparation market." Peter Semerak, Orrtax's director of development, said that in addition to the Windows technology that comes with the deal, the ability to potentially hire some of the people who helped build TaxSaver is an added benefit. "Microsoft invested a lot of time and energy on TaxSaver. This agreement will leverage that investment to make IntelliTax the best and most robust professional tax product on the market," Semerak said. About Microsoft Founded in 1975, Microsoft (Nasdaq "MSFT MSFT Microsoft (stock symbol) MSFT Movimento Sociale Fiamma Tricolore (Italy) MSFT Multi-Stage Fitness Test MSFT Master of Science in Family Therapy MSFT Macalester Students for Fair Trade ") is the worldwide leader in software for personal and business computing computing - computer . The company offers a wide range of products and services designed to empower empower verb To encourage or provide a person with the means or information to become involved in solving his/her own problems people through great software -- any time, any place and on any device. About Orrtax Founded in 1985, Orrtax Software, Inc. (http://www.orrtax.com) is based in Bellevue. Specializing in software and electronic filing for tax preparation professionals and their administrators, Orrtax provides an integrated suite of products to fit all sizes of organizations. With over 20,000 users nationwide, Orrtax is one of the 10 largest tax software companies and ranks in the top four in electronic filing. It employs 100 full time staff members with plans to expand to nearly 200 by September 2000. |
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