BillSoft’s accuracy appreciated in the Sunshine State.

Overland Park, KS, March 1, 2010 — BillSoft, Inc., the market leader for transaction-based taxation, announced today that the State of Florida Department of Revenue has recertified BillSoft for accuracy with assigning addresses to local tax jurisdictions.

The recertification comes after an analysis by the State of Florida of BillSoft’s database and determined that it met the 95 percent requirement in assigning street addresses, address ranges, post office boxes and office box ranges to the proper local tax jurisdictions.

In reality, BillSoft achieved an over 98 percent rating.    

This high level of accuracy comes from our EZGeo product that correctly identifies tax jurisdictions for communications services across the United States.  EZGeo also provides address scrubbing to postal standards (CASS certified) and determines whether an address is in a special tax district or unincorporated area.

For communications and cable providers, this degree of accuracy has financial advantages. The recertification means whenever they use EZGeo in Florida, they’re eligible to receive a higher tax collection allowance (.75 percent versus .25 percent) and are granted the hold harmless provision of the Communication Services Tax (CST).

“This is great news for our customers who do business in Florida and for any communications provider relying on EZGeo,” said Vicki Klein, BillSoft President.  “It’s also gives kudos to our IT department that’s committed to maintaining the product goal while improving the functionality and performance.”

About BillSoft, Inc.
BillSoft specializes in enhancing billing systems and service bureau products.  BillSoft’s Your Total Tax Solution consists of products and services for tax calculation, tax customization, product bundling, tax reference, address scrubbing, tax jurisdiction assignment, tax compliance filing, and tax consulting services.  BillSoft’s flagship product, EZTax^®, is the most comprehensive transaction tax package available.  With the availability of taxation for products and services in over 85 countries, EZTax provides the most comprehensive tax system for the best overall value.  EZTax supports all major platform environments and offers a number of different interfaces with the standard product.  In addition, BillSoft is partnered with billing and OSS firms, providing companies with a one-stop approach to a seamless billing and tax system.  For more information about BillSoft, Inc., please visit www.billsoft.com.

BillSoft, EZTax, EZData, and EZGeo are registered trademarks of BillSoft, Incorporated.  All other trademarks are the property of their respective holders.  Copyright ^® 2009 by BillSoft, Inc., 10100 W. 87th Street, Overland Park, KS 66212.  All Rights Reserved.

###

MEDIA CONTACTS
Tena Nichols
Marketing Director
BillSoft, Inc.
(800) 525-8175
TNichols@BillSoft.com