DataCert, Inc., the leading provider of electronic invoicing and
legal spend management solutions, today announced that it now offers
matter management capabilities with its acquisition of Corprasoft,
Inc., a Dallas-based provider of matter management solutions. The
acquisition will combine two of the best-in-class products to law
departments (legal spend management and matter management) and broaden
DataCert's existing product capabilities of legal and intellectual
property spend management solutions.
"DataCert and Corprasoft share the same business sensibilities,"
said Eric M. Elfman, president and CEO of DataCert. "DataCert and
Corprasoft both offer top-tier products, market to Fortune(R) 500 law
departments and specialise in complex integrations. In fact, seven of
the Fortune 500 and eight of the Fortune Global 500 are shared
customers. This strategic acquisition will not only benefit the
overall legal market but existing customers will gain the expertise of
both industry leaders. We are delighted to add Corprasoft to the
DataCert family as we drive a new era in legal technology innovation."
DataCert and Corprasoft's customers will benefit from a unique
product vision that includes a comprehensive offering of best
practices and a seamless integration of two proven products. With this
acquisition, DataCert offers law departments a no-compromise
capability to effectively manage their business operations.
"DataCert has a proven history of expanding its product portfolio
to assist Fortune 500 corporate law departments with business process
efficiency and cost management," said Jim Bridges, Corprasoft's
president and CEO. "The acquisition of Corprasoft was a natural
extension of DataCert's vision and business strategy. In addition to
elevating DataCert's status as a legal technology thought leader, the
combined company will be strongly positioned for future growth in this
high-demand market."
Corprasoft, founded in 1991 by board member Phil Russell and led
by Chairman of the Board Carl Sutherland, has long been a guiding
force in matter management software innovation. The company released
its Windows-based matter management software in 1993 and led the
market with the release of the first Web-based matter management
solution in 1998.
Corprasoft will maintain its office in Dallas USA, and Jim Bridges
will continue to lead its operations.
About Corprasoft
Corprasoft, Inc. develops matter management software for in-house
legal departments. Founded in 1991 and based in Dallas USA, the
company serves an expanding customer base including corporations,
municipalities, universities, non-profit organisations and government
agencies. For more information about Corprasoft and Corprasoft Legal
Desktop, call +1 214 691 9400 or visit www.corprasoft.com.
About DataCert, Inc.
DataCert, Inc. is the largest and fastest-growing supplier of
electronic invoicing and corporate legal spend management solutions.
DataCert's products and services provide a substantial return on
investment to corporations looking to take control of their outside
legal spend. With more than 7,300 customer connections in 110
countries and 57 Fortune(R) 500 clients, DataCert processes in excess
of $9 billion of electronic invoicing data on an annual basis.
DataCert has headquarters in Houston with offices in London and Paris.
Visit DataCert at www.datacert.com for more information.
