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SUNNYVALE, CA, July 31, 2007 – Liquid Engines, the leading provider of enterprise-class corporate tax management software, today announced record results for the first half of 2007. Only two quarters into the year, sales results have already exceeded total sales in 2006. In addition, Liquid Engines’ customer list has quadrupled in the past 18 months. The continued pressure to meet today’s imperatives to increase efficiency, accuracy, and transparency across the tax operation is driving corporate tax departments — large and small — to invest in Liquid Engines’ technology.
“Our success is a testament to the fact that tax professionals are tired of being hampered by questionable data and error-ridden spreadsheets. Tax executives have come to realize that to satisfy today’s stringent management and reporting requirements…technology is the only answer,” said Tom Steding, CEO and chairman of the board for Liquid Engines. Tom went on to say, “We are very pleased with our performance and expect continued success, as our software continues to get high marks and our customer satisfaction is at an all-time high. When you combine great technology with superior customer service, you end up with a winning combination.”
Liquid Engines’ software helps tax professionals analyze, optimize, and control—with greater speed and certainty—the multi-year tax impact of business and regulatory changes that occur on a local and global level. The company's Enterprise Tax Management suite of products consists of:
Each product offers a centralized data model, easy-to-use interface, and robust reporting giving tax professionals a way to dramatically increase their productivity, without the integration issues and risks of error inherent in spreadsheets. Armed with Liquid Engines’ software, tax professionals—at all levels of the organization— have the tools and insight they need to increase certainty, more quickly identify exposures, evaluate tax saving ideas, respond to audit inquiries, serve the needs of the business, and spend more time on high-value decision making.
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