Upcoming Webinar by CyberShift and Meridian Offers Easy Solutions to VAT Recovery

With the Right Tools, Recovering VAT Is an Easy Way to Impact the Bottom Line


PARSIPPANY, NJ--(Marketwire - November 3, 2008) -


WHO:     Les Baer, president, North America for Meridian,
         the world's leading international VAT company
         and Craig Fearon, senior product director,
         Necho Expense for CyberShift, a leading provider
         of expense management and workforce management
         software and services

WHAT:    Will co-host a complimentary Webinar titled, "Value Added
         Tax Recovery Simplified! Are You Leaving Money on the Table?"
         that will examine how North American-based organizations can
         easily recover Value Added Tax (VAT) from European business
         travel expenses

WHEN:    "VAT Tax Recovery Simplified! Are You Leaving Money on the Table?"
         will take place on Wednesday, November 19, 2008 from 2:00 p.m. to
         3:00 p.m. EST

WHERE:   To register for this free Webinar, please visit
         www.cybershift.com/VATrecovery or call
         1-877-274-4381 extension 3250

DETAILS: With $7.5 billion of unrecovered Value Added Tax each year, North
         American-based organizations are leaving a lot behind. It's no
         wonder, because filing VAT claims manually is a complex and
         time-consuming process that involves filing separate claims in
         each country, submitting original receipts and adhering to
         local requirements and filing deadlines.

         This Webinar is especially designed for those organizations that
         are not currently recovering VAT or are still processing VAT
         recovery manually. Webinar attendees will learn about tools such
         as CyberShift's Necho Expense™, an expense management
         automation solution, and Meridian's VAT recovery solutions,
         which dramatically reduce the complexity of the VAT recovery
         process for the business traveler as well as the organization.
         These automated solutions enable organizations to adhere to the
         various country requirements and deadlines in an efficient,
         timely and transparent manner.

         Co-hosted by two industry experts, Baer and Fearon, will discuss
         how easy the recovery process can be with the help of a VAT
         recovery specialist and automated expense management software.

         This Webinar is the first in a series of co-hosted events that
         are specifically designed to address expense management-related
         topics, including receipt management, mobile expense management,
         hotel folio data integration and in-house versus
         Software-as-a-Service deployment options. To obtain additional
         information about CyberShift's upcoming free informative Web
         seminars please visit, http://cybershift.com/news_webinars.asp.

About Meridian

Meridian is the recognized global leader in VAT recovery solutions. We offer our clients a comprehensive service ensuring VAT recovery from foreign authorities is made available to all qualifying businesses.

With 16 years experience and in excess of 1 Billion Euro in VAT successfully recovered for our clients. Meridian is the world's number one corporate VAT recovery provider.

To learn more about Meridian please go to http://www.meridianp2p.com

About CyberShift

CyberShift, Inc. is a leading provider of workforce management and expense management software and services focused on helping mid-sized to large, complex organizations improve organizational performance and profitability. CyberShift's Necho Expense™ automates the processing and facilitates the management of employee business expenses and helps companies improve compliance; enforce expense policies and procedures and increase visibility into operations. Through its integrated Workforce Management 3G™ suite, which includes time and attendance, advanced scheduling, absence management and reporting and analytics, companies can more effectively plan, manage and deploy their workforces, reduce costs and improve processes across business operations. Offered in both traditional license fee and Software-as-a-Service (SaaS) delivery models, CyberShift's innovative solutions have been awarded U.S. and Canadian patents. More information can be accessed at www.CyberShift.com.