Epiq Systems, Inc. Comments on Claims

Epiq Systems, Inc. (NASDAQ:EPIQ) Kansas City, Kansas today commented on the recent notification of a purported shareholder derivative action by a third party alleging fraudulent activity related to backdating of stock options and related claims by various Epiq Systems directors and executives. While the claim has been filed in the United States District Court of Kansas, the company has not yet been served. The company indicated that the claims have no merit. Tom W. Olofson, Epiq Systems chairman and CEO commented, "Epiq Systems has always followed the highest standards of corporate governance practices and will continue to do so. We take our disclosure requirements very seriously and apply significant attention to all regulatory compliance. We will defend against these claims vigorously.” About Epiq Systems Epiq Systems is a leading provider of integrated technology solutions for the legal profession. Our solutions streamline the administration of bankruptcy, litigation, financial transactions and regulatory compliance matters. We offer innovative technology solutions for electronic discovery, document review, legal notification, claims administration and controlled disbursement. Our 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. For more information, visit us online at www.epiqsystems.com.