AMSTERDAM, The Netherlands and RIVERWOODS, Ill., Nov. 2, 2004 (PRIMEZONE) -- Wolters Kluwer Tax, Accounting & Legal, a division of Wolters Kluwer and a leading multinational publisher and information services provider, will hold a series of presentations and product demonstrations today for analysts and investors in Chicago. Senior management and key executives from the Tax, Accounting & Legal Division will host the meeting.Wolters Kluwer Tax, Accounting & Legal is a leading provider of information, software and services for tax, accounting, legal and compliance professionals. The Division's annual revenues (2003) were Eur 652 million, with an EBITA of Eur 172 million. The Division serves customers in the tax, accounting and legal professions, including accountants, corporate tax and auditing departments, attorneys, and compliance professionals in such areas as securities, healthcare, human resources, pension law and trade regulation. Among its well-known brands are CCH, ProSystem fx, Aspen Publishers, KLI and Loislaw.
The themes of today's presentations are Integration, Innovation, Expansion and Specialization. Presentations will focus on illustrating how the Division is responding to market trends with integrated best-of-breed workflow tools, expansion into adjacent markets and leveraging the depth and breadth of legal content within specialized practice areas. Among the products being demonstrated are: the innovative new CCH@Hand as part of the Sales and Use Tax Internet Library; ProSystem fx Engagement software to facilitate the paperless office for accounting firms; ChargeMaster, a reimbursement compliance tool for hospitals; and the Securities Law Integrated Internet Library for in-depth, specialized legal research.
Kevin Robert, CEO of the Division's Tax and Accounting unit, comments, "In the last year, as we've organized around customers, we've identified significant opportunities to expand our integrated research and compliance solutions for tax and accounting professionals. We've also identified expanded market opportunities, which will allow us to take our number-one position in tax and accounting information and workflow solutions and expand into adjacent markets to meet professionals' needs."
Robert Becker, CEO of the Division's Legal unit, comments, "The investment we are making in developing specialty libraries that bring together our analytical material, primary source information and tools into an easily accessible, highly integrated, online environment creates an entirely new research resource for professionals in specific practice areas. This ability to integrate content and develop highly customized products to respond to particular market niches sets us apart and ensures we are delivering distinct value to our customers."
A live webcast of the presentation can be viewed on www.wolterskluwer.com as from November 2, 2004 - 15:30 hours CET.
About Wolters Kluwer Tax, Accounting & Legal
Wolters Kluwer Tax, Accounting & Legal is a leading provider of tax, fiscal, legal and regulatory information for professionals. Major brands include CCH Tax Compliance, CCH Publishing and Aspen Publishers. Wolters Kluwer Tax, Accounting & Legal has annual revenues (2003) of Eur 652 million and is a Division of Wolters Kluwer.
Wolters Kluwer is a leading multinational publisher and information services company. The company's core markets are spread across the health, tax, accounting, corporate, financial services, legal and regulatory, and education sectors. Wolters Kluwer has annual revenues (2003) of Eur 3.4 billion, employs approximately 18,750 people worldwide and maintains operations across Europe, North America and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its depositary receipts of shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.
Media Leslie Bonacum Director, Corporate Communications Wolters Kluwer Tax, Accounting & Legal t + 1 847 267 7153 mediahelp@cch.com Caroline Wouters Manager, External Communications t + 31 (0)20 6070 459 press@wolterskluwer.com Investors/Analysts Oya Yavuz Vice President, Investor Relations t + 31 (0)20 6070 407 ir@wolterskluwer.com www.wolterskluwer.com www.tax.cchgroup.com www.aspenpublishers.com www.loislaw.com