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Everest Software Announces Strategic Partnership with Avalara

AvaTax for Everest to provide unprecedented sales tax functionality


Austin, TX and Bainbridge Island, WA - June 16, 2011 - Everest Software (www.everestsoftwareinc.com), a leading ERP provider for small and midsized retail and wholesale businesses, announced today a strategic partnership with Avalara (www.avalara.com), a leading provider of fully automated, up-to-date sales and use tax compliance solutions. The partnership will eliminate the hassle of tax compliance processes and reduce the risk of business audits for Everest customers.

"Everest has one of the best customer bases in the industry, and we continue to investigate ways to deliver more value to them," says Danielle Royston, CEO of Everest Software. "Working with Avalara will help us with our mission of growing our customers' top lines and helping them cut costs over time."

Everest Software expects AvaTax for Everest to be available for customers by early 2012 in Everest's Cloud Suite. AvaTax is an easy-to-use sales tax calculation and filing solution that will integrate with Everest Advanced, Everest eStorefront and Everest Retail Edition. The web-based service delivers automated rate calculation, address validation, as well as jurisdiction, rate, boundary and rule research. AvaTax for Everest will offer customers automated filing and remittance and exemption certificate management, as well as unprecedented sales tax functionality.

"AvaTax is the industry standard for automated sales tax solutions and we are proud to add Everest Software to the list of leading providers who have chosen to incorporate our service into their offerings," said Scott McFarlane, CEO and co-founder of Avalara. "Everest customers will soon have the ability to focus on their core business again without worrying about spending additional time and resources on calculating and remitting sales tax."

About Everest Software
Everest® Software, the leading business management software provider for small and midsized businesses, empowers companies to view and manage every function of their business more effectively. The company's fully integrated software solutions address the unique needs of these growing businesses in the wholesale distribution and retail industries by allowing them to quickly manage and track their business both online and back-office.

Founded in 1994, Everest is the proud winner of numerous awards including the SIIA Codie Award for "Best Business Software Product." The company was acquired by Versata Enterprises in 2009. For more information, visit http://www.everestsoftwareinc.com.

About Avalara
Headquartered in Bainbridge Island, WA, Avalara is the recognized leader in web-based sales tax solutions, and is transforming the sales and use tax compliance process for businesses of all sizes. With point-and-click ease Avalara, the provider of AvaTax Calc, AvaTac Certs, and AvaTax Returns, provides the fastest, easiest, most accurate and affordable way for companies to address their statutory tax requirements. Avalara is the industry's most trusted provider of sales and use tax automation solutions, serving thousands of satisfied customers located throughout the U.S., Canada, and abroad, delivering more than 350 million sales tax transactions, and filing and remitting more than $10 billion in sales & use tax collections per year. For more information, please visit www.avalara.com.

To set up an interview with CEO Scott McFarlane, please contact Yvonne Tomascak, Marketing Manager at Avalara, at 206-826-4900 x1149, or email yvonne.tomascak@avalara.com.

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