the Sales Tax Clearinghouse

Press Release

Februrary 15, 2000






FOR IMMEDIATE RELEASE

CONTACT:
Greg McCauley
Sales Tax Clearinghouse, Inc.
(610) 459-5900
support@theSTC.com
http://theSTC.com

Sales Tax Clearinghouse Launches Tax Compliance Services for eCommerce

BOOTHWYN, PA - February 15, 2000 - Sales Tax Clearinghouse launches its new web site, http://theSTC.com, that now offers a complete range of sales tax compliance services, from determining and calculating rates to licensing, filing, and remitting, designed to meet the requirement proposed by the National Governor's Association for "zero burden" to merchants.

Sales Tax Clearinghouse is the first to release this complete range of tax compliance services to online merchants and is the only company to provide this service at essentially no cost to the merchant.

Sales Tax Clearinghouse is closely following the Federation of Tax Administrators who is preparing to implement a national sales tax administration program based on the proposal from the National Governor's Association, called a "Streamlined Sales Tax System for the 21st Century."

Merchants can subscribe to the complete range of services by integrating a small software module into their existing business systems that communicates with theSTC's secure servers to determine and calculate rates and post completed transactions.  Sales Tax Clearinghouse transfers the collected taxes from the merchant's account to those of the respective tax authorities along with the appropriate filing information.  There are no ongoing per-transaction charges--only a small set-up fee to get started.

Sales Tax Clearinghouse is located in Boothwyn, Pennsylvania, just outside of Philadelphia.  The company provides sales and use tax compliance software and services for all merchants, online or off.  For additional information on Sales Tax Clearinghouse or their services, visit their web site at http://theSTC.com or call (610) 459-5900.