Alpharetta, GA (December 19, 2008)
Emerald Software Group, a leading publisher of business process driven workforce management solutions, and TaxBreak, a leading supplier
of tax credit processing and revenue recovery services, announce today that the firms have formed a strategic partnership. The goal of
the Emerald Software�TaxBreak alliance is to automate and maximize the tax credits recovered by their joint customers. Under the
partnership, Emerald Software Group will provide its customers with an interface to TaxBreak to automate the flow of pre-qualification
and tax credit processing data to automate the processing of tax credits such as the Work Opportunity Tax Credit (WOTC). Also, TaxBreak
will offer to its customers Emerald Software Group�s new employee onboarding automation software to aid in the identification and
processing of potential tax credits.
Also under the agreement, Emerald Software Group and TaxBreak will offer qualifying joint customers a unique financing arrangement
wherein recruitment and onboarding technology is funded entirely or in part by earned tax credits.
"This is a truly unique win-win-win solution," said Emerald Software President, Chuck Ros. "Emerald Software and TaxBreak both benefit
from offering a more complete and better integrated product and service offering than any of our competitors, but the big winner is our
joint customers who get cutting edge technology from us and cash from the government."
"TaxBreak is excited about the opportunities the strategic alliance with Emerald Software presents. We have always set out to align
ourselves with industry leaders and we certainly have accomplished that with this strategic alliance," said Shannon Scott, President
of TaxBreak.
Emerald Software Group is a world leader in business solutions based upon Business Process Management (BPM) technologies. The company's Human
Capital solutions include onboarding, employee lifecycle requisitioning, personnel change management, and employment verification services including
integration to the Department of Homeland Security's e-Verify program. The company also offers other solutions in Applied BPM. Emerald operates in
both North America and Europe. Emerald Software's website is www.emeraldsoftwaregroup.com.
TaxBreak is a tax credit processing company, was founded in 1998, and was a winner of the 2007 and 2008 Inc 500 award. TaxBreak is a
capital recovery company that assists companies with lowering their income tax liabilities and increasing cash flow.
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