New York, New York – September 11, 2006

MLM Information Services, LLC (“MLM”), a company wholly-owned by Warburg Pincus and Mason Slaine, today announced the acquisition of Tax Compliance, Inc. (“TCI”) located in San Diego, California. TCI, through its flagship software product, Property Tax Management System (“PTMS”), is the leading provider of corporate property tax compliance software. Terms of the transaction were not disclosed.

TCI was founded in 1993, and its PTMS product is the leading commercial personal and real property tax software for U. S. corporations. In July 2006, MLM acquired CORPTAX, the leading software product for corporate income tax compliance.

“TCI and its flagship software system, PTMS, are exciting additions to MLM’s growing portfolio of tax compliance solutions,” said Mason Slaine, Chairman and CEO of MLM. “In TCI and CORPTAX, MLM now offers customers leading software products in two critical categories of corporate tax compliance – property tax and income tax, respectively. The TCI team has done an impressive job creating an outstanding product, a market-leading brand and a valuable base of loyal users, and we are delighted to welcome them to the MLM team.”

Carl Melcher, founder and Chairman of TCI, added: “MLM is an ideal partner for TCI. We are confident that MLM can provide the appropriate resources and support to build on TCI’s successes to date. We believe that the combination of TCI’s leading property tax product, PTMS, and MLM’s leading income tax software, CORPTAX, is a great opportunity for our customers and employees.

Following the acquisition, TCI and CORPTAX together will serve more than 1,200 customers. Carl Melcher will remain Chairman of TCI, and Scott Strauss, currently TCI’s Executive Vice President, will assume the role of Chief Executive Officer of TCI.

Jefferies Broadview, a division of Jefferies & Company, Inc., acted as TCI’s financial advisor.

About MLM Information Services, LLC

MLM Information Services, LLC, is a leading provider of corporate tax solutions through its wholly owned subsidiaries Tax Compliance, Inc. and Corptax, LLC. MLM is owned by Warburg Pincus, one of the world’s largest private equity firms, and by Mason Slaine. Mason Slaine has successfully grown several businesses into market leaders, including Thomson Financial and most recently Information Holdings, Inc.


We’re a leading provider of tax, business process, and compliance management solutions for corporate property tax, property tax appeal, and business licensing and compliance work. We continue to be a market leader with a customer base of over 600 companies, including more than 50 of the Fortune 100®.

Our applications support the entire compliance life cycle, shedding inefficiencies and improving a compliance department’s ability to strategically use data to increase profitability and reduce risk, and are supported by our parent company, Corporation Service Company (CSC), a business, legal, and financial services provider.

To learn more about how we’re is helping compliance professionals thrive, visit