Credit Union Tax Services Announces Partnership with Jackson Hewitt to Offer Discounted Tax Preparation Services to Credit Union Members.

HOUSTON -- Credit Union Tax Services today announced that it is partnering with Jackson Hewitt Tax Service Inc. (NYSE: JTX) to offer discounted, professional tax services to the members of over 1,000 credit unions. The addition of Jackson Hewitt to the Credit Union Tax Services (CUTS) product offering will make credit unions the tax preparation destination for their members and further enable credit unions to preserve memberships while increasing assets, revenue and website traffic.

"The quality and geographic coverage of Jackson Hewitt's professional tax services will enable credit union members to save significant time and money," said Jeff Plumer, President of CUTS. "By adding discounts on Jackson Hewitt tax preparation services to our product portfolio, CUTS will provide a solution for the approximately 60% of credit union members that prefer to use a professional tax service to prepare their taxes."

Jackson Hewitt, with over 6,500 franchised and company-owned offices throughout the United States during the 2007 tax season, will provide discount coupons that can be accessed by members in a variety of ways.

"Jackson Hewitt Tax Service is committed to providing the best in tax preparation services, related products and services, and outstanding customer service," said Jeanmarie Cooney, Jackson Hewitt Senior Vice President, Strategic & Business Development. "With its own commitment to provide best-in-class, value-added services to its partners, we look forward to working with CUTS to offer our services to credit unions nationwide."

About Credit Union Tax Services

Credit Union Tax Services, CUTS, is a privately held, Houston-based firm dedicated to partnering with credit unions to provide discounted tax preparation products and services to credit union members. With more than 11 tax seasons of proven success, CUTS has consistently maintained its place as an industry leader in income tax return preparation and electronic filing. Last year alone CUTS generated and supported over 200,000 tax returns through its' 1,000+ credit union partners. CUTS is a National Association of Federal Credit Unions (NAFCU) Preferred Partner in recognition of offering superior product solutions to the credit union industry. More information may be obtained at www.CUTaxServices.com or by calling 1-866-348-2887.

About Jackson Hewitt Tax Service Inc.

Jackson Hewitt Tax Service Inc. (NYSE: JTX), with over 6,500 franchised and company-owned offices throughout the United States during the 2007 tax season, is an industry leader providing full service individual federal and state income tax return preparation. Most offices are independently owned and operated. The Company is based in Parsippany, New Jersey. More information may be obtained at www.jacksonhewitt.com. To locate the Jackson Hewitt Tax Service([R]) office nearest to you, call 1-800-234-1040.