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RIA AND FAST-TAX LAUNCH FIRST COMBINED TAX RESEARCH/COMPLIANCE PACKAGE FOR SMALL- TO MID-SIZE ACCOUNTING FIRMS

 RIA AND FAST-TAX LAUNCH FIRST COMBINED TAX RESEARCH/COMPLIANCE
 PACKAGE FOR SMALL- TO MID-SIZE ACCOUNTING FIRMS
 NEW YORK, July 29 /PRNewswire/ -- Research Institute of America Inc. (RIA) and Computer Language Research, Inc. (Fast-Tax) today announced a joint agreement that will bring to market the first integrated CD-ROM software package for the small- to mid-size accounting firm.
 RIA's electronic research product, OnPoint(TM), will be integrated with EasyGo(TM), a new in-house tax preparation package from Fast-Tax, to create EasyGo with OnPoint -- an affordable desktop system offering tax compliance, research, electronic tax forms, planning and practice management -- all on a single compact disc. Since the product operates directly from the CD, it also eliminates the need for a large, expensive hard drive and makes the system portable.
 According to Lou Lucarelli, RIA president and CEO, "This joint venture is significant for both the product it brings to market, and as an alliance between two different companies serving the same professional community. Fast-Tax compliance products are unmatched in the industry, and joining compliance with OnPoint research represents a significant breakthrough for the smaller CPA firms."
 Steve Winn, president and CEO of Fast-Tax said, "Each product is a cost-effective productivity tool on its own. But the joint product will yield even greater results. When we conceived of the idea of linking tax compliance to tax research, we looked at all the electronic research products available, but none compared with RIA's OnPoint for overall ease of use and speed in answering complex tax questions."
 By having OnPoint research tightly linked to EasyGo compliance, tax professionals can now go from preparing a return to exploring relevant research material at the touch of a button, without having to leave the return. And as tax professionals feel the pressure to do more in less time than ever before, while still maintaining quality service, EasyGo with OnPoint fills an important need.
 Fast-Tax has been a leader in tax automation for nearly 30 years. And RIA's print and electronic tax research materials are respected throughout the accounting industry. Both companies view their alliance as important in satisfying current and future needs of the markets they serve.
 RIA, based in New York City, is a leading publisher of legal and regulatory information, from primary source material to analysis on taxes, accounting, law, banking/finance, employee benefits, human resources, and other areas of business.
 The Carrollton, Texas based Fast-Tax provides leading-edge tax automation systems to accounting firms, corporations, financial institutions and partnerships throughout the United States.
 -0- 7/29/92
 /CONTACT: Peter Feldman of Computer Language Research, 214-250-7970, or Stephen Berg, 212-580-8760, or Pam Lucia, 212-337-4122, both of Research Institute of America/ CO: Research Institute of America Inc.; Computer Language Research Inc. ST: New York IN: FIN SU:


PS-OS -- NY100 -- 4737 07/29/92 15:45 EDT
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Publication:PR Newswire
Date:Jul 29, 1992
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