Wolters Kluwer Financial Services

Press Release

Internal Revenue Services Selects Wolters Kluwer Financial Services’ Stephen LeRoux to Serve on Information Reporting Program Advisory Committee
LeRoux To Use More Than 22 Years Of Retirement Plan Industry Experience To Provide Valuable Insight On Tax Administration Issues To IRS Officials

MINNEAPOLIS – Jan. 29, 2008 – Wolters Kluwer Financial Services announced today that Stephen M. LeRoux, a retirement plan consultant with the company, has been selected by the Internal Revenue Service (IRS) to serve a three year term on the organization’s Information Reporting Program Advisory Committee (IRPAC).

LeRoux has more than 22 years of experience helping financial institutions administer Individual Retirement Accounts, Health Savings Accounts and Coverdell Education Savings Accounts. Using his experience with tax advantaged accounts and in the retirement plan industry, LeRoux will provide his insight on tax administration issues to IRS officials.

The IRPAC committee is made up of 34 representatives from the financial, payroll and software industries, the state tax administrations, colleges and universities and tax professionals. The committee provides the IRS with constructive observations regarding current and proposed IRS policies, programs and procedures. It will also propose improvements to the IRS’ information reporting operations and the Information Reporting Program through a final report that will be made available at a public meeting in October 2008.

“The new members of IRPAC will contribute to this important group their years of experience and depth of understanding about tax administration,” said Linda Stiff, Acting IRS Commissioner. “I look forward to working with IRPAC as it continues to provide the IRS with valued feedback and insight.”

“The fact the IRS chose Steve LeRoux to serve on its IRPAC committee speaks volumes to his expertise with tax-advantaged accounts and in the retirement plan field,” said Dave Roy, vice president and general manager, Banking, Wolters Kluwer Financial Services. “Steve’s thorough knowledge of the financial services’ regulatory environment is also representative of Wolters Kluwer Financial Services’ large team of compliance consultants, analysts and attorneys as a whole.”

About Wolters Kluwer Financial Services

Wolters Kluwer Financial Services provides best-in-class compliance, content, and technology solutions and services that help financial organizations manage risk and improve efficiency and effectiveness across their enterprise. The organization’s prominent brands include Bankers Systems, VMP® Mortgage Solutions, PCi, GulfPak, Desert Document Services, AppOne®, GainsKeeper®, CCH® Capital Changes, NILS INSource®, AuthenticWeb™ and CCH Wall Street.

Wolters Kluwer Financial Services’ solutions include integrated and stand-alone compliance and work flow tools, documentation, analytics, authoritative information, and professional services. Customers include banks, credit unions, mortgage lenders, indirect lenders, and securities and insurance organizations of all sizes throughout the United States. For more information on Wolters Kluwer Financial Services, visit www.WoltersKluwerFS.com.

Wolters Kluwer is a leading global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal, and regulatory sectors. Wolters Kluwer has annual revenues (2006) of €3.4 billion, employs approximately 18,450 people worldwide and maintains operations across Europe, North America, and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. For more information, visit www.wolterskluwer.com.


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Jennifer Marso
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