Copanion's GruntWorx Tax Document Scan and Organize Solution Wins 2008 K2 Annual Quality Award for Best New Technology

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GruntWorx selection based on an assessment by a team of K2 experts and many positive reviews from end users in the accounting community.

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We felt compelled to recognize GruntWorx for the best New Technology award based on first hand assessment by our team of experts and the many positive reviews that we received from end users in the accounting community.

Copanion, Inc., today announced that its tax document automation solution, GruntWorx™, has been awarded a 2008 K2 Annual Quality Award for Best New Technology. GruntWorx was recognized for delivering the highest levels of accuracy in an easy-to-use web-based solution that automatically identifies and organizes scanned tax documents. It helps tax professionals save time by automating the time-consuming process of organizing source documents, delivering them in an indexed PDF file that makes it easy to enter and review tax data faster. K2 Enterprises is a leading provider of technology continuing professional education (CPE) and consulting for the accounting industry.

"Copanion's GruntWorx solution has quickly become a product of choice for tax professionals looking for a solution to scan and automatically organize all of the documentation that is part of the arduous tax preparation process," said Randy Johnston, K2 Enterprises. "We felt compelled to recognize GruntWorx for the best New Technology award based on first hand assessment by our team of experts and the many positive reviews that we received from end users in the accounting community."

The K2 Enterprises Annual Quality Awards are determined by a poll of the K2 Enterprises instructor team. The voting members of the team are influenced by hands-on experience from consulting and teaching, as well as feedback from other end users.

"We are pleased to be recognized for the innovation and quality of our first product, GruntWorx, from an esteemed group of practitioners and consultants to the accounting profession," said Steven Ladd, founder and CEO of Copanion. "We will continue to listen to customers and deliver solutions that save them time during tax season."

About GruntWorx:
The GruntWorx family of products is based on patent-pending biometric technology that identifies information in scanned and electronic documents with the highest levels of accuracy. GruntWorx is an affordable and easy-to-use solution that automatically organizes and bookmarks scanned tax documents. Since GruntWorx was introduced in November 2007, the solution rapidly achieved unprecedented levels of adoption, with more than 2000 tax professionals registered to use the product. Copanion recently introduced the next evolution of this award-winning technology that also extracts data from scanned tax documents and imports the data into the leading professional tax preparation software packages. GruntWorx Pro for GoSystem Tax ES is the first product to be released with the new technology.

About K2 Enterprises:
K2 Enterprises is the premier provider of technology continuing professional education (CPE) in both the United States and Canada. With seminars in over 47 states in 2008, 1,000+ presentations, special events such as their turn-key Annual Technology Conferences, CPE & Ski, K2 Enterprises - Canada, they are the largest provider of technology CPE in North America.

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. Copanion is a privately held company with 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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