October 11, 2007: (Los Angeles, CA) - reutax Corp., a leading provider of IT staffing and consulting services in Germany, Austria, and Switzerland, is pleased to announce the launch of its U.S. division.

Conrad Ess, CEO, is optimistic about the company's decision to expand in North America. "Our first aim was to please our EMEA clients, who asked us to serve them internationally. But we also believe that there is a strong demand within the local market for the quality solutions we provide."

Well-known for its expansive business model and firm commitment to employee advancement and retention, reutax expects significant growth in the U.S. by continuing to concentrate on its core competencies, which include SAP consulting and Client/Server architecture.

About reutax:
reutax ag is a service provider of high-powered personnel resources to Fortune 500 companies worldwide. reutax helps customers to develop and maintain their SAP Systems by providing specialized staffing and recruiting services. Part of their service offering - depending on customer specifications - is providing specialists for IT, ERP and engineering projects as well as placing qualified staff in full-time positions. reutax also administers several installations of Infutura, its Vendor Management System (VMS) designed for the financial and IT services industry. The company is based in Heidelberg, Germany and is also present in Munich, Hamburg, Zurich, Vienna and Los Angeles. reutax ag has 800 specialists currently serving its clients and a network of 30,000 specialists. The company expanded from three full-time staff in 2002 to 89 in 2006 in just five years. At the same time, revenues rose from USD 1.3 million in 2002 to USD 46 million in 2006. Compared to the previous year, reutax boosted its staff figures by over 85 percent and its revenues by over 100 percent.

Contact

Sarvin Ghaemian
reutax Corporation USA
Phone: +1 (424) 202-6958
Fax: +1 (424) 202-6957
E-mail: sarvin.ghaemian@reutax.com
Web: www.reutax.com