TAX TECHNOLOGIES CEO TO PRESENT AT INTERNATIONAL TAX SEMINAR HOSTED BY TAX EXECUTIVES INSTITUTE NEW YORK CHAPTER

Haworth, NJ, October 16, 2001 – J.D. Choi, Tax Technologies CEO and International tax expert, is scheduled to present one session at a seminar to be hosted by the International Committee of the New York chapter of Tax Executives Institute (TEI). The seminar, titled "International Back to Basics Program", will be held in New York City on Wednesday, November 14, 2001.

Mr. Choi’s session is titled, "Compliance Matters including Forms 5471, 5472, and 1118". He will provide an introductory level overview of the reporting requirements for controlled foreign corporations, foreign-owned U.S. corporations or foreign corporations engaged in a U.S. trade or business, and foreign tax credit reporting.

Other sessions at the seminar will cover topics, including:

US Taxation of Foreign Operations

Foreign Tax Credit Basics

Intercompany Transfer Pricing

Impact of Currency on International Taxation

In addition to Tax Technologies, other companies presenting sessions include Ernst & Young, PricewaterhouseCoopers, Andersen, and others.

Registration is limited to members of TEI. For further information detailing how you or your company can register to become a member of TEI, please visit their web site at http://www.tei.org/Resource.phx/public/index.htx.

J.D. Choi is available for interviews.

About Tax Technologies

Tax Technologies, Inc. is a technology-driven tax services company and leading provider of Internet/Intranet-based tax software. With a variety of Fortune 500 clients using its suite of web-native tax software products (TaxSeries) and audit products (AuditTracker), Tax Technologies assists with the preparation of tax returns, the improvement of tax process, implementation of tax software, and the development of custom applications to meet client’s tax and financial reporting demands.

The company’s headquarters are in Haworth, New Jersey, with the technology headquarters in Bradenton, Florida. Further company information is available at www.taxtechnologies.com.