COPANION ANNOUNCES ADDITION TO GRUNTWORX FAMILY OF PRODUCTS - GRUNTWORX TRADES

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ANDOVER, MA – September 10, 2009–Copanion, Inc., the leader in tax document automation, today announced the addition of GruntWorx Trades to its family of applications. The Trades application complements Copanion’s award-winning and proven core products - GruntWorx Organize and GruntWorx Pro. Accounting professionals can now select the application or combination of applications that best meet their needs. Each application supports a fully paperless and automated tax workflow

"Extending our product line provides firms with a host of SaaS options that support a paperless workflow and help them better serve their clients," saidSteven Ladd, CEO of Copanion.

Each application offers best-in-class accuracy and intuitive, easy-to-use features. In addition, GruntWorx Organize and Trades work with universal file formats and applications, such as PDF and Microsoft® Excel®. The GruntWorx family includes three powerful products:

"Working closely with accounting professionals, we know that brokerage statements are one of the most common forms published, and the most time-consuming when manually entering the data," stated Ladd. "We developed GruntWorx Trades to minimize this pain point for tax preparers. The Trades product identifies all variations of Consolidated Brokerage Statements and automatically converts trade details into a spreadsheet. This translates into immense time savings and immediate ROI for firms."

The GruntWorx family of products has been in use over the course of multiple tax seasons by thousands of accounting professionals - from sole practitioners to those working in Big Four and large regional firms. Copanion products have also earned back-to-back technology innovation awards for GruntWorx Organize and GruntWorx Pro in 2008 and 2009.

About Copanion

Copanion is the leader in tax document automation. The company saves tax professionals hundreds of hours during tax season with accurate and secure web-based applications for automating client tax document organization, data entry and review. Copanion is a privately held company with financing from Commonwealth Capital Ventures and Pilot House Ventures Group. For more information about Copanion, visitCopanion.com.

The Copanion andGruntWorxnames and logos are trademarks or registered trademarks of Copanion in the United States and in other countries. All other companies and products referenced herein are trademarks or registered trademarks of their respective holders.

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