BillSoft Continues Strong Earnings and Growth

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Company Also Grows With Staff Additions

BillSoft, Inc., the leader in indirect taxation solutions, driven by state-of-the-art technologies and in-depth industry knowledge announced financial results for the fiscal year end March 31, 2012. BillSoft experienced an annualized growth in excess of 16% as compared to the prior year, which continues a 15-year trend of constant growth for the Overland Park, Kansas based company.

“Since we opened our doors in 1997, we have grown year after year,” said Tim Lopatofsky, CEO of BillSoft. “This past year we grew our business while making the necessary investments for the future of the organization. Our compliance business maintains an accelerated growth rate and we continue to develop new products that provide solutions to the challenges our customers face.”

Along with the strong year-end financial results, BillSoft increased staffing throughout the organization. In 2011, the company grew over 40% with new positions in many areas of the business and that growth remains strong today with open positions in sales, software engineering, quality assurance and tax research.

“As we build and strengthen our position in the indirect taxation markets such as, telecom and sales and use,” Lopatofsky says. “We continually look for highly skilled, knowledgeable and experienced individuals to add to our growing team. “

About BillSoft, Inc.
BillSoft offers indirect taxation solutions for nearly 750 distinct products, more than any provider in the market, with taxation in nearly 100 countries and approximately 300 detailed tax descriptions built-in. BillSoft offers "Your Total Tax Solution", which encompasses geo-coding, tax calculation, consulting, and compliance services, while supporting all major platform environments and many standard interfaces.

Founded in 1997, BillSoft’s continued growth is due to the company’s leadership through innovative technology, detailed tax knowledge, best of class solutions to challenging tax issues, and outstanding support to clients in a variety of industries. For more information about BillSoft, please visit http://www.billsoft.com or http://www.billsoft.com/about/careers.

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Tom Phillips
BillSoft, Inc.
800-525-8175 111
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Bridget Cox
BillSoft, Inc.
800-525-8175 184
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