Liquid Engines Welcomes Visionary Oracle Tax Executive to Distinguished Board of Advisors.

SUNNYVALE, Calif. -- Liquid Engines, the leading provider of corporate tax management software, today announced that Deborah Lange, former Oracle (NASDAQ:ORCL) Senior Vice President of Tax and Customs, has joined the company's Board of Advisors. Ms. Lange is an active member of the tax community and has been a leader and strategic contributor in corporate tax for more than 25 years. Ms. Lange is currently chair of the Silicon Valley Tax Directors Group and a board member of the Software Tax and Finance Executives Council. Throughout her distinguished career, she has also held leadership roles in numerous industry associations, including the American Electronics Association Committee on Federal Taxation (past chair), the San Jose State Tax Advisory Board, and the Executive Committee of the Tax Executives Institute.

"Tax executives today live in a glass house. Policy and regulatory change have forced new levels of transparency and accountability in managing tax impact across the enterprise," said Deborah Lange, former Senior Vice President of Tax and Customs at Oracle Corporation. "Liquid Engines is a leading provider of software solutions that truly help companies manage tax impact in today's environment of increased scrutiny and change. It's rewarding to work with a company that is 100 percent focused on solving contemporary tax challenges."

"Deborah Lange is a well-known and highly-regarded professional in the tax community," said Gwen Spertell, president and CEO, Liquid Engines. "Her depth of knowledge, keen insight, and operational experience managing tax at an industry-leading Fortune 200 global company are invaluable additions to our Board of Advisors. We welcome Ms. Lange and look forward to working together as we continue to grow our world-class suite of tax solutions."

Liquid Engines was the first tax software company to form an Advisory Board that brought together luminaries from the IRS, corporate tax, academia, and the legal and accounting communities. Additional members of Liquid Engines' Board of Advisors include:

* James Fuller, partner at Fenwick & West LLP and head of the firm's tax practice group

* Walter Hellerstein, the Francis Shackelford Professor of Taxation at the University of Georgia Law School and counsel to Sutherland, Asbill & Brennan LLP

* Larry Langdon, renowned tax law and planning expert, currently partner and director of Global Tax Practice at Mayer, Brown, Rowe & Maw LLP, and former IRS commissioner for the large and midsize business division

* David Millstein, former partner at PricewaterhouseCoopers

* Robert (Bob) Perlman, former director in the national tax service office of PricewaterhouseCoopers and former vice president of tax, licensing, and customs at Intel Corporation 

* Glen Rossman, former vice president of global taxation and customs, Cisco Systems, Inc.

* Prentiss Willson, former partner and national director of state and local tax practice and procedure at Ernst & Young

For more information on Liquid Engines' Board of Advisors, visit www.liquidengines.com.

About Liquid Engines

Liquid Engines is the leading provider of tax management software that helps organizations analyze, optimize, and control Co with greater speed and certainty Co the multi-year tax impact of business and regulatory changes on a local and global level. Developed in consultation with recognized tax experts Jim Fuller, Larry Langdon, Walter Hellerstein, Prentiss Willson, and Charles Rossotti, as well as tax executives from Intel, Cisco, and leading accounting firms, Liquid Engines' software offers the tools and insight needed to meet today's imperatives to increase efficiency, accuracy, and transparency across the tax operation.

Unmatched in the industry, Liquid Engines' robust applications provide an unprecedented depth and breadth of analysis, allowing users to understand the multi-year impact of internal and external changes in real time. Patent-pending, idea-generating algorithms help identify and validate optimal tax profiles, while the fully integrated tax system drives certainty and control into the decision process. With Liquid Engines, tax organizations in Global 1000 companies can increase operational performance, avoid surprises, and reduce risk, while adding greater strategic value to the business. For additional information, please visit www.liquidengines.com or call 408.585.9000.

Editor's Note: All Liquid Engines' brand and product names are trademarks or registered trademarks of Liquid Engines, Inc., in the United States and other countries. All other products or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners.