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Bits & Bytes

By ALM Staff | Law Journal Newsletters |
August 26, 2003

Corporation Service Company (CSC) and LexisNexis have signed a definitive agreement for CSC to acquire LexisNexis Document Solutions from LexisNexis, thus combining the efforts of companies that provide secured transaction and corporate registration services to corporate, financial and law firm customers. This acquisition will bolster CSC's portfolio of services by adding the state-of-the-art capabilities and services from LexisNexis Doc- ument Solutions. In addition, CSC will also acquire LexisNexis Document Solutions' long-held position in the secured lending sector as a leading provider of Article 9 UCC due diligence services to banks and asset-based lenders. The acquisition represents the largest transaction in CSC's 104-year history, including its 1995 acquisition of Prentice Hall Legal & Financial Services.

iCONECT, LLC has announced the key features of its forthcoming V4 software, which was previously known as simply as iCONECT. V4's portal interface allows direct access to transcripts, tasks, contacts, calendar events, discussion groups, chatting, key documents and images. Fuzzy and Synonym searches navigate even the worst OCR. Retrieve saved searches and generated reports. V4 allows firms to self-host their critical case data or opt for managed hosting through iCONECTglobal, or choose an iCONECT V4-powered ASP repository to manage their case while providing additional services such as scanning, blowbacks, consulting and training. For more information, please visit http://www.iconect.com/.

Elite Information Systems, Inc. has announced the availability of Elite Business Intelligence, which is fully integrated with the Elite system, and allows users to retrieve, report and analyze crucial business information. Elite developed this product using reporting tools from Business Objects, the world's leading provider of business intelligence solutions, and bundling them with proprietary analytical tools, templates and reports. Elite's extensive library of pre-built reporting tools and new features greatly enhance the ability of professional services firms to create and deliver important business intelligence information. The software integrates critical data management tools, including a full Business Objects toolset suite with unlimited access licenses, an online real-time data warehouse, report management, a pre-built package of sophisticated management reports and profitability analytics, a flexible cost-rate modeling, calculating and forecasting engine to drive profitability metrics, and an automated email notification system for subscription-based delivery of data on key business indicators. In addition, the Elite Data Warehouse simplifies the process of locating important information, allowing users to retrieve and use financial data without having to understand complex database structures. A significant set of key statistics is added in real time, ensuring accuracy without compromising historical information. For more information, visit http://www.elite.com/.

In a separate announcement, Elite has also formed a strategic alliance with Australian-based BillBack Systems, a leading provider of cost recovery solutions in Australia, the UK and Europe. This alliance will allow Elite to enter the cost recovery market and permit its customers to accurately account for expenses related to the use of photocopiers, fax machines, networked printers, and telephone switches, mobile phones and for expenses such as corporate credit card charges, office supplies, online research services, postage and delivery charges, travel expenses and more. Elite BillBack is a complete cost recovery system that includes all of the software and hardware necessary to capture, manage and recover costs associated with serving clients.

LexisNexis has announced an alliance with BearingPoint, Inc. formerly KPMG Consulting, to implement statewide projects for electronic filing of legal documents. LexisNexis will integrate the company's existing electronic filing service, LexisNexis

File & Serve, into the court-based solution from BearingPoint, eFiling for Courts powered by BearingPoint and Microsoft. For more information please visit http://www.lexisnexis.com/.

In a separate announcement, LexisNexis has launched its versions of Time Matters 5.0 and the recently released Billing Matters for the legal profession. The LexisNexis editions of Time Matters and Billing Matters are fully integrated for uninterrupted access to the LexisNexis Total Research System, including LexisNexis Case Summaries, Shepard's Citations, analytical content from Matthew Bender, and 1.9 billion public records. In addition to across-the-board improvements and a new interface, Time Matters has enhanced the product in the areas of e-mail, document management, and billing through integration with Billing Matters. Time Matters' own e-mail is now faster, more feature rich, and includes a comprehensive spam blocker, plus improved Outlook synchronization. Document management now includes unlimited versioning, reversion, local copies, and a new TM Open feature that allows opening documents managed by Time Matters directly from your word processor.

Compulit has announced that its 'Electronic File Processing' service (EFP) can now extract and output the text of hidden comments from Micro- soft Word documents. These comments are ones that were added by a document author or reviewer using Word's 'insert comments' function. Once extracted, they appear in a database field followed by the author's initials and the date the comment was made. Compulit's EFP enables litigation teams to work with electronic documents, regardless of their original formats, via a single software application. From diverse collections of electronic files, EFP creates uniform data and image files that can be loaded onto the law firm or corporate legal department database or an on-line repository. After the files have been loaded, the client needs to open only one computer interface in order to search, display or print case documents. EFP provides automated document filtering to eliminate irrelevant documents in a population, 'de-duping' to eliminate exact duplicates, full-text capture from all formats and data output to the fields the client specifies. For further information, visit http://www.compulit.com/.

PensEra Knowledge Technologies, developer of the TimeKM Knowledge Funnel, and iHello Inc., a leading provider of speech-enabled applications for the mobile workforce, have announced a joint initiative to enable attorneys to capture time and knowledge anytime and anywhere they go. The iHello-PensEra Gateway will allow attorneys to record billable hours and instantly leverage information and insights about their cases, clients and practice by simply 'calling it in' from any telephone. It allows an attorney use a regular telephone to call in a time entry as she leaves a client's office, dictate critical knowledge notes about the case or client after a meeting or alert others to a new practice approach while leaving the courthouse. For more information please visit either http://www.timekm.com/ or http://www.ihello.com/.

Corporation Service Company (CSC) and LexisNexis have signed a definitive agreement for CSC to acquire LexisNexis Document Solutions from LexisNexis, thus combining the efforts of companies that provide secured transaction and corporate registration services to corporate, financial and law firm customers. This acquisition will bolster CSC's portfolio of services by adding the state-of-the-art capabilities and services from LexisNexis Doc- ument Solutions. In addition, CSC will also acquire LexisNexis Document Solutions' long-held position in the secured lending sector as a leading provider of Article 9 UCC due diligence services to banks and asset-based lenders. The acquisition represents the largest transaction in CSC's 104-year history, including its 1995 acquisition of Prentice Hall Legal & Financial Services.

iCONECT, LLC has announced the key features of its forthcoming V4 software, which was previously known as simply as iCONECT. V4's portal interface allows direct access to transcripts, tasks, contacts, calendar events, discussion groups, chatting, key documents and images. Fuzzy and Synonym searches navigate even the worst OCR. Retrieve saved searches and generated reports. V4 allows firms to self-host their critical case data or opt for managed hosting through iCONECTglobal, or choose an iCONECT V4-powered ASP repository to manage their case while providing additional services such as scanning, blowbacks, consulting and training. For more information, please visit http://www.iconect.com/.

Elite Information Systems, Inc. has announced the availability of Elite Business Intelligence, which is fully integrated with the Elite system, and allows users to retrieve, report and analyze crucial business information. Elite developed this product using reporting tools from Business Objects, the world's leading provider of business intelligence solutions, and bundling them with proprietary analytical tools, templates and reports. Elite's extensive library of pre-built reporting tools and new features greatly enhance the ability of professional services firms to create and deliver important business intelligence information. The software integrates critical data management tools, including a full Business Objects toolset suite with unlimited access licenses, an online real-time data warehouse, report management, a pre-built package of sophisticated management reports and profitability analytics, a flexible cost-rate modeling, calculating and forecasting engine to drive profitability metrics, and an automated email notification system for subscription-based delivery of data on key business indicators. In addition, the Elite Data Warehouse simplifies the process of locating important information, allowing users to retrieve and use financial data without having to understand complex database structures. A significant set of key statistics is added in real time, ensuring accuracy without compromising historical information. For more information, visit http://www.elite.com/.

In a separate announcement, Elite has also formed a strategic alliance with Australian-based BillBack Systems, a leading provider of cost recovery solutions in Australia, the UK and Europe. This alliance will allow Elite to enter the cost recovery market and permit its customers to accurately account for expenses related to the use of photocopiers, fax machines, networked printers, and telephone switches, mobile phones and for expenses such as corporate credit card charges, office supplies, online research services, postage and delivery charges, travel expenses and more. Elite BillBack is a complete cost recovery system that includes all of the software and hardware necessary to capture, manage and recover costs associated with serving clients.

LexisNexis has announced an alliance with BearingPoint, Inc. formerly KPMG Consulting, to implement statewide projects for electronic filing of legal documents. LexisNexis will integrate the company's existing electronic filing service, LexisNexis

File & Serve, into the court-based solution from BearingPoint, eFiling for Courts powered by BearingPoint and Microsoft. For more information please visit http://www.lexisnexis.com/.

In a separate announcement, LexisNexis has launched its versions of Time Matters 5.0 and the recently released Billing Matters for the legal profession. The LexisNexis editions of Time Matters and Billing Matters are fully integrated for uninterrupted access to the LexisNexis Total Research System, including LexisNexis Case Summaries, Shepard's Citations, analytical content from Matthew Bender, and 1.9 billion public records. In addition to across-the-board improvements and a new interface, Time Matters has enhanced the product in the areas of e-mail, document management, and billing through integration with Billing Matters. Time Matters' own e-mail is now faster, more feature rich, and includes a comprehensive spam blocker, plus improved Outlook synchronization. Document management now includes unlimited versioning, reversion, local copies, and a new TM Open feature that allows opening documents managed by Time Matters directly from your word processor.

Compulit has announced that its 'Electronic File Processing' service (EFP) can now extract and output the text of hidden comments from Micro- soft Word documents. These comments are ones that were added by a document author or reviewer using Word's 'insert comments' function. Once extracted, they appear in a database field followed by the author's initials and the date the comment was made. Compulit's EFP enables litigation teams to work with electronic documents, regardless of their original formats, via a single software application. From diverse collections of electronic files, EFP creates uniform data and image files that can be loaded onto the law firm or corporate legal department database or an on-line repository. After the files have been loaded, the client needs to open only one computer interface in order to search, display or print case documents. EFP provides automated document filtering to eliminate irrelevant documents in a population, 'de-duping' to eliminate exact duplicates, full-text capture from all formats and data output to the fields the client specifies. For further information, visit http://www.compulit.com/.

PensEra Knowledge Technologies, developer of the TimeKM Knowledge Funnel, and iHello Inc., a leading provider of speech-enabled applications for the mobile workforce, have announced a joint initiative to enable attorneys to capture time and knowledge anytime and anywhere they go. The iHello-PensEra Gateway will allow attorneys to record billable hours and instantly leverage information and insights about their cases, clients and practice by simply 'calling it in' from any telephone. It allows an attorney use a regular telephone to call in a time entry as she leaves a client's office, dictate critical knowledge notes about the case or client after a meeting or alert others to a new practice approach while leaving the courthouse. For more information please visit either http://www.timekm.com/ or http://www.ihello.com/.

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