Vertex(R) to Preview New Solution at ACVL Event

Leasing industry expected to gain improved compliance capabilities with the release of Vertex Lease Tax O Series(R)

BERWYN, Pa., May 9 -- Vertex Inc. (http://www.vertexinc.com/), the leading provider of tax technology solutions, will present a preview of the latest in compliance capabilities to the Association of Consumer Vehicle Lessors (ACVL) at their Tax Committee Meeting, to be held May 10, 2006, in King of Prussia, Pa. Vertex Lease Tax O Series, the first tax calculation system developed to meet the unique business needs of the leasing industry, has been designed to automate taxability and minimize the ongoing maintenance necessary for compliance with rental and leasing rules.

  With Vertex's new lease tax solution, clients will benefit from:
   * Intuitive taxability setup through Vertex-supplied or user-defined tax
     rules
   * Sales tax calculation logic for short- and long-term vehicle
     leases/rentals
   * Product categories supporting standard and non-standard rules, rates,
     surcharges and fees
   * Capacity to apply or create appropriate rules for a variety of leases
   * Ability to handle multiple impositions of taxes, fees and surcharges
   * Enhanced jurisdiction identification capabilities
   * Audit trails supporting all tax decisions
   * Role-based security to comply with Sarbanes-Oxley
   * Customized reporting solutions

"Vertex is proud to preview our newest solution to members of the ACVL," says John Viglione, Chief Technology Officer for Vertex. "Vertex Lease Tax O Series solidifies our commitment to partnering with industry leaders to develop solutions that help streamline the tax compliance process and discover significant tax savings for our clients."

Vertex Lease Tax O Series can either be licensed as a stand-alone product, or implemented with other Vertex products for sales, consumer use, and value added taxes. For more information about Vertex O Series products, contact a Vertex Sales Representative at 800-355-3500. For media inquiries, contact Kristy Lash, Gregory FCA, at 610-642-8253 or write to Kristy@GregoryFCA.com. Learn more by visiting the Vertex Web site at http://www.vertexinc.com/.

About ACVL

The Association of Consumer Vehicle Lessors consists of the nation's leading vehicle lessors. Each of its members also offers traditional vehicle loans. The ACVL has provided leasing information to the Federal Reserve Board (FRB) that has been incorporated into the FRB's consumer publications and Web site materials. For more information about the ACVL, visit http://www.acvl.com/.

About Vertex O Series

Vertex O Series products offer the most comprehensive solution for sales, consumer use, value added and lease tax compliance needs. With Vertex O Series, clients can leverage an automation platform with a subset of powerful tools and increased role-based security that provides extensive tax management for your business' unique needs.

Developed on a Web-services-based platform, Vertex O Series allows organizations to deploy a flexible, end-to-end tax solution that offers centralized tax processing even with multiple instances of ERP and financial systems, leading to a reduced cost in ownership.

About Vertex Inc.

Vertex Inc. is the leading provider of tax technology solutions featuring products and process management services for more than 10,000 customers worldwide. Vertex solutions help companies streamline tax compliance processes and leverage information to discover new strategic tax savings that enhance decision information across every major line of business tax including income, sales, consumer use, value added, communications, and payroll. To serve its customers, Vertex works in partnership with leading software and service providers.

Founded in 1978, Vertex is a privately held company that employs over 600 professionals at its headquarters in Berwyn, Pa. and offices in Atlanta, Chicago, Dallas, Phoenix, Sarasota, and Washington, DC. For more information about Vertex, visit our Web site at http://www.vertexinc.com/.