Q Advisors Represents Planitax in its Acquisition by Thomson Reuters

DENVER, CO, May 2009 - Q Advisors is pleased to announce the sale of Planitax, Inc. to Thomson Reuters. Based in Alameda, California, Planitax is a leading provider of SaaS (Software as a Service) corporate tax information management solutions and services. Planitax’s software suite enables corporate tax departments to efficiently and effectively manage tax data, while reducing operating costs, strengthening tax positions, and improving internal controls. Thomson Reuters (NYSE: TRI) is the world’s leading source of intelligent information for businesses and professionals. The Tax & Accounting division of Thomson Reuters provides technology and information solutions, as well as integrated tax compliance software and services to accounting, tax and corporate finance professionals.

Greg Prow, CEO of Planitax, commented:  “Q Advisors helped us in ways beyond the norm as we entered into a transaction in very difficult economic times. While we were a seller in a great buyer’s market, Q Advisors was able to bring multiple buyers to the table and keep them engaged while they helped us with the evaluation as to who should prevail. The Q Advisors team delivered a great view of the possible landscape of buyers, complete analysis, outstanding direction with regard to the due diligence process and requirements and most importantly, timely results. Their attention to detail and understanding of the big picture were instrumental in our getting the deal we completed.”