Copanion Adds Optimized Scanning Capability to GruntWorx -- The Tax Document Automation Solution with Greater Than 90 Percent Accuracy

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GruntWorx makes scanning and organizing tax documents as easy as photocopying for as little as $1 per return

GruntWorx eliminates those barriers by making it easy to turn paper tax documents into an organized, bookmarked file that lets tax professionals prepare 1040s in less time.

Copanion, Inc., an innovator in tax document automation, today announced the launch of new one touch optimized scanning in GruntWorx™ -- the web-based application that saves time for tax professionals by automating the capture and classification of their clients' tax return documents. This new feature makes scanning tax documents as easy as making photocopies. Now tax professionals can use GruntWorx to automatically scan, identify, organize, and bookmark tax documents with greater than 90% recognition accuracy. One touch optimized scanning is now included with GruntWorx, still for the same price -- as low as $1 per return.

GruntWorx Makes Scanning Tax Documents as Easy as Photocopying
GruntWorx one touch optimized scanning makes it easy to produce high quality scanned tax documents. This new feature controls scanners to automatically optimize settings for each scanned page. GruntWorx is a web-based application so there's no software to install and no need to learn how to use a separate application. Just use a web browser to access GruntWorx through its secure Internet connection and the application automatically optimizes scanner settings. At the push of a button, administrative staff can scan, organize, and bookmark tax documents so tax professionals can focus on higher value activities.

"Tax document automation tools are great productivity enhancers for tax professionals. However, the productivity gains from these tools are largely being missed because most firms scan for digital archiving after the 1040 is prepared. It simply takes too much time and effort to accurately scan client documents under the pressures of tax season deadlines," said Steven Ladd, CEO of Copanion. "GruntWorx eliminates those barriers by making it easy to turn paper tax documents into an organized, bookmarked file that lets tax professionals prepare 1040s in less time."

GruntWorx turns client paper and digital tax documents into a well-organized electronic file - indexed, accessible, editable and ready for faster, more accurate data entry and review. One touch optimized scanning eliminates the need to worry about poor quality documents or manual sorting before scanning. Image resolution, contrast, and brightness are automatically optimized for each page. Adaptive filtering reduces noise and speckling to produce cleaner images. Scanned tax documents that are skewed, upside down, or sideways are automatically rotated to the correct orientation. The scanned tax documents are identified, bookmarked, and organized in a consistent manner in a single PDF file that enables fast, accurate data entry in preparing returns. GruntWorx makes scanning and organizing tax documents as easy as photocopying for as little as $1 per return.

Copanion Makes it Easy to Scan Tax Documents this Tax Season
Due to popular demand Copanion has extended the deadline on its GruntWorx free trial. Tax professionals who register on Copanion.com by January 31, 2008 can use GruntWorx to process client tax documents for one hundred tax returns free. This free trial lets tax professionals try GruntWorx with no risk.

Copanion also announced a promotional program to make it even easier to use scanned tax documents this tax season. Copanion will be giving away one free Fujitsu 5120C scanner every week for the remainder of January. As a member of the Fujitsu One Capture Alliance Program, Copanion has certified Fujitsu scanners for compatibility with GruntWorx. The Fujitsu 5120C scanner has fast scanning speed and a robust automatic document feeder that make it a good fit for GruntWorx. Fujitsu offers a full range of workgroup, departmental, and production scanners that can meet the needs of any size firm. Tax professionals that register for the GruntWorx free trial will be automatically entered in the weekly drawing for a scanner.

Find more information about these offers and contest rules at the company's website at http://www.copanion.com.

About Copanion
Copanion is a leading innovator in tax document automation. The company saves tax professionals hundreds of hours during tax season with accurate and secure web-based applications for automating client tax document organization, data entry and review. A privately held company, Copanion raised $6 million in its Series A financing from Commonwealth Capital Ventures and Pilot House Ventures.

For more information about Copanion, Inc., visit the company's website at http://www.copanion.com.

The Copanion and GruntWorx names and logos are trademarks or registered trademarks of Copanion in the United States and in other countries. All other companies and products referenced herein are trademarks or registered trademarks of their respective holders.

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Danielle Lee
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