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Sales and Use Tax Compliance Outsourcing Now Available to GlobalTech
Clients Thanks to Alliance with Tax Partners

Alliance means complete back office outsourced service now available to lessors

ATLANTA, May 12, 2003 – Tax Partners, LLC, the largest sales and use tax compliance
provider in the U.S., and GlobalTech Portfolio Services, a major national loan and lease
service provider, today announced an agreement in which GlobalTech’s lease and loan
portfolio servicing clients can now outsource their sales and use tax compliance process
to Tax Partners. GlobalTech customers now have access to a full range of outsourced
back office functions, allowing them to focus on their core competencies instead of
administrative and accounting tasks associated with tax compliance.

Tax Partners uses robust technology and engineered compliance processes to
provide companies with a better way to manage the complex, administratively intense
and risky process of sales tax compliance. Clients benefit not only from shifting this
process to Tax Partners, they also receive powerful Web-based management reports,
reconciliation information and an image library to improve the performance of their tax
departments. In order to use the Tax Partners service, a GlobalTech client needs to
simply sign up.

“Our mission is to provide a comprehensive suite of back office services to the
leasing industry,” said Carolyn Byrd, CEO of GlobalTech Financial, the parent company
of GlobalTech Portfolio Services. “Our alliance with Tax Partners enables our clients’
accounting departments to focus on their core competencies, instead of time-consuming
tax compliance issues. Because of the data interface we have with Tax Partners, our
clients can take advantage of this offering quickly and hassle-free.”

This agreement allows GlobalTech Portfolio Services to expand its service
offering to its clients and allows Tax Partners access to GlobalTech’s clients and
prospects. Furthermore, because required information is already housed in GlobalTech’s
system, Tax Partners can quickly and easily import client data into its proprietarytechnology in the proper format, meaning GlobalTech clients have a very seamless and
easy transition to Tax Partners.

“Lessors want and need to focus on what they do best – originating and
managing their lease portfolio,” said John Richie, CEO of Tax Partners, LLC. “Both
GlobalTech and Tax Partners understand this and now offer a complete back office
leasing solution for these companies. By providing an easy, seamless way for lessors to
reduce risk and increase control of their compliance function, we are enabling our clients
to focus on their core business instead of on sales taxes.”

About Tax Partners, LLC
Tax Partners, LLC, is the largest sales and use tax compliance service firm in the
United States, processing approximately $5 billion in sales tax remittances annually for
clients including numerous Fortune 500 companies. Tax Partners’ industry-accepted
approach to sales tax compliance focuses on delivering a hands-off, worry free sales tax
compliance process and providing access to information to improve tax department
processes and improving a firm’s audit trail. Companies that outsource sales and use tax
compliance to Tax Partners gain access to proprietary technology, reclaim valuable time
and energy in their tax departments, and focus on strategic tax functions that have an
impact on bottom line business performance.
For more information on Tax Partners visit www.taxpartners.com.

About GlobalTech Portfolio Services
GlobalTech Portfolio Services is a division of GlobalTech Financial, LLC, and the
exclusive processor of business loans and leases granted by the Coca-Cola Financial
Corporation and other financial institutions, credit corporations and private label
financing programs. GTPS currently services more than $1 billion in assets. Established
in 2000, GlobalTech Financial operates under a synergistic plan for growth and
development in the business services outsourcing area utilizing leading edge systems
and highly experienced management and staff in its four divisions: Portfolio Services,
Mortgage Services, Collections Services and Consulting Services.
For more information, visit www.globaltechfinancial.com.