15.02.2005 14:50:00
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EPIQ Systems, Inc. Named to Forbes 25 Fastest Growing Technology Compa
Business Editors/Technology Writers
KANSAS CITY, Kan.--(BUSINESS WIRE)--Feb. 15, 2005--Forbes Magazine names EPIQ Systems, Inc. (NASDAQ:EPIQ) one of the 25 fastest growing technology companies. Inclusion on this elite list of technology growth companies is based on the Company's exceptional, sustained revenue growth over the past five years.
Tom W. Olofson, chairman and CEO, and Christopher E. Olofson, president and chief operating officer of EPIQ Systems stated, "We have always operated the business for the long-term, as represented by our year-over-year, double-digit revenue growth since EPIQ became a public company in 1997. We are pleased to be included on this list with other premier technology companies and will continue to execute on our long-term strategic business plan. We look forward to continued growth and the enhancement of long-term shareholder value."
The list of the fastest growing technology companies can be found in the February 14, 2005 edition of Forbes Magazine and online at www.forbes.com.
Company Description
EPIQ Systems provides an advanced offering of integrated technology-based products and services for fiduciary management and claims administration applications. Our solutions enable clients to optimize the administration of large and complex bankruptcy, class action, mass tort, and other similar legal proceedings. EPIQ Systems' clients include corporations, attorneys, trustees and administrative professionals who require sophisticated case administration and document management capabilities, extensive subject matter expertise and a high service capacity. We provide clients a packaged offering of both proprietary technology and value-added services that comprehensively addresses their extensive business requirements. For more information, visit us online at www.epiqsystems.com.
This press release and the referenced conference call may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act, including those relating to the possible or assumed future results of operations and financial condition of the Company. These forward-looking statements are based on the Company's current expectations and may be identified by terms such as "goal" and "objective". Because those statements are subject to a number of risks, actual results may differ materially from those expressed or implied in this disclosure. These risks include (1) any material changes in our total number of bankruptcy trustees and cases, (2) any material changes in our Chapter 7 deposits, the services required by our Chapter 11, Chapter 13, class action or mass tort cases, or the number of cases processed by our Chapter 13 bankruptcy trustee customers, (3) material changes in the number of bankruptcy filings, class action filings or mass tort actions each year, (4) our reliance on and change in our non-exclusive marketing and pricing with Bank of America for Chapter 7 revenue, (5) the risks associated with new Chapter 7 depository relationships (6) future bankruptcy, class action, or mass tort legislation, (7) risks associated with the integration of acquisitions into our existing business operations, (8) risks associated with the significant new indebtedness we incurred in 2004, (9) a decline in new client engagements in our case management or document management business, and (10) other risks detailed from time to time in our SEC filings, including our annual report on Form 10-K. In addition, there may be other factors not included in our SEC filings that may cause actual results to differ materially from any forward-looking statements. We undertake no obligations to update any forward-looking statements contained herein to reflect future events or developments.
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CONTACT: EPIQ Systems, Inc. Shawn Southard, 913-621-9500 ir@epiqsystems.com
KEYWORD: MISSOURI KANSAS INDUSTRY KEYWORD: SOFTWARE SOURCE: EPIQ Systems, Inc.
Copyright Business Wire 2005
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