07.04.2008 13:00:00
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Epiq Systems Expands London Office with Acquisition of Pinpoint Global, Ltd.
Epiq Systems, Inc. (NASDAQ: EPIQ), a leading provider of technology
solutions for the legal profession, today announced further expansion of
its London office with the acquisition of Pinpoint Global, Ltd., an
emerging provider of proprietary electronic discovery/electronic
disclosure solutions.
Epiq Systems is developing its international e-discovery business
aggressively with significant organic growth augmented by select
strategic investments. Epiq recently introduced DocuMatrix 12.0, the
international version of our document review software, that supports 60+
foreign languages. In March, Epiq announced self-certification to the
U.S. Department of Commerce "Safe Harbor”
privacy principles for superior support of international engagements,
and in February, the staff of Effective Case Management Ltd. (ECM), a
U.K. professional services company specialising in document management
for the U.K. legal profession since 1999, joined Epiq Systems’
U.K. organization.
Pinpoint Global, Ltd. has developed advanced proprietary software for
electronic disclosure that has been used as "software
as a service” to "Magic
Circle” law firms. The Pinpoint founding
shareholders have significant experience in electronic disclosure and
will join Epiq’s U.K. organization in senior
positions. Pro forma 2007 revenue for Pinpoint’s
business approximated £1.1mm.
Tom W. Olofson, chairman and CEO, and Christopher E. Olofson, president
and COO of Epiq Systems, stated, "The
international dimension of our electronic discovery business represents
an attractive opportunity for additional growth and market leadership.
Increasingly, our major corporate and law firm clients require
sophisticated support for cross-border, multi-lingual engagements that
operate under high scrutiny and tight timeframes. We are delighted to
welcome the clients and staff of Pinpoint to Epiq Systems.” About Epiq Systems
Epiq Systems is a leading provider of integrated technology solutions
for the legal profession, enabling clients to streamline the
administration of bankruptcy, litigation, financial transactions and
regulatory compliance matters. It offers innovative technology solutions
for electronic discovery, document review, legal notification, claims
administration and controlled disbursement. Epiq’s
clients include leading law firms, corporate legal departments,
bankruptcy trustees and other professional advisors who require
innovative technology, responsive service and deep subject-matter
expertise.
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