Softrax to Present at CFO Rising Conference: Extreme Revenue Recognition - Beyond the Spreadsheets

Business Wire, March 9, 2007

Leader in Revenue Management Solutions Offers Strategies for Streamlined, Compliant Revenue Process

CANTON, Mass. -- Softrax Corporation, a leading provider of enterprise billing and revenue management solutions, today announced that it will offer a workshop presentation - Extreme Revenue Recognition - Beyond the Spreadsheets - at the 14th Annual CFO Rising Conference to be held in Orlando, Florida from March 18-21, 2007. CFO Rising is CFO Magazine's signature financial conference.

The workshop speaker, Dr. Richard Moore, Director of Revenue Solutions for Softrax Corporation, will discuss the challenges of managing complex revenue recognition processes; the uniqueness of the revenue process and why it is typically handled outside of enterprise systems using spreadsheets; how revenue Key Performance Indicators (KPIs) may give a different view into your business; and success strategies for a streamlined, compliant revenue process.

Workshop attendees will learn:

* How to turn revenue policies into an automated, workflow driven, integrated solution

* How to monitor business to prevent badly-timed and misstated revenue

* How to apply business intelligence and revenue recognition to enhance strategic decisions.

The workshop will be held twice: Monday, March 19th from 2:30 - 3:20 PM Eastern Time and Tuesday, March 20th from 1:30 to 2:20 PM Eastern Time. Attendees should check their conference schedule for designated room and location.

Softrax is also a Conference Sponsor and Exhibitor. Please visit us at Booth 504/506.

For more information about the CFO Rising Conference, including registration, go to www.cforising.com.

About Softrax

Softrax Corporation is a leading provider of enterprise billing and revenue management software solutions that fundamentally change the way companies manage, analyze, report, and forecast their revenue. Softrax solutions automate the entire revenue cycle, from complex billing and contract renewals, through revenue recognition, reporting and forecasting. Hundreds of corporations benefit from using Softrax to maximize their revenue, reduce operating expenses, comply with revenue recognition regulations and Sarbanes-Oxley requirements, and gain unprecedented visibility into their business performance. Softrax Corporation, headquartered in Canton, MA is privately held. More information can be found at www.softrax.com, www.revenuerecognition.com, and by calling 1.888.4 SOFTRAX.

Note to editors: Softrax is a registered trademark of Softrax Corporation. Other company, brand and product names, and design work are the trademarks or registered trademarks of their respective owners.