| ADERANT Finishes Year with Record Performance |
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2008 marked with dramatic increase in new clients; numerous successful “go lives” London, UK –December 16, 2008– ADERANT, a global provider of business and financial management software for law firms, today announced that the company is finishing the year with strong all-around performance. From 2007 to 2008 ADERANT has more than doubled the number of new law firms and professional services organisations that have selected ADERANT Expert for their business and financial management needs. Additionally, ADERANT has also seen a tremendous uptake in the number of clients who have migrated to ADERANT Expert Release 7.5 from previous versions. “2008 has been an outstanding year for ADERANT by every measure,” said Michael Kohlsdorf, President and Chief Executive Officer for ADERANT. “Law firms and professional services organisations alike have responded positively to our value proposition of a comprehensive and highly functional product coupled with a world-class product support team and a proven ability to implement our software on time and on budget. Together, these essential elements of software, support, and service helped us achieve record-setting performance for the year.” Doubled New Client Wins The number of new law firms and professional services organisations that purchased ADERANT Expert grew dramatically in 2008. The company increased the number of new clients by 100% over 2007, adding several prominent firms, including King & Spalding, Allens Arthur Robinson, Fenwick & West, and Begbies Traynor Group. Rapid Client Go-Lives ADERANT also enjoyed a rapid uptake of the most current version of its integrated business management suite, ADERANT Expert, throughout 2008. First introduced in October 2007, ADERANT Expert Release 7.5 has since been successfully implemented in more than 85 law firms and professional services organisations around the world. On average, a new firm goes live on ADERANT’s flagship application suite every week. “ADERANT’s proven track record of successful on-time and on-budget implementations played a key role in our decision to go with ADERANT Expert,” said Marybeth Celorier, Chief Financial Officer for Burns & Levinson LLP. “Professional firms can ill afford time delays and cost overruns when implementing a mission critical business system. We began our project in January and were live firm-wide in October. It was by far the most successful conversion of a practice management system with which I’ve ever been associated.” World-class Client Support Even with a rapidly expanding client base, ADERANT continued to deliver world-class support to firms. “Out of all the software vendors we deal with, ADERANT has the best support organisation,” said Nancy Stafford, Application Support Manager for Fowler White. “Their support professionals are exceptionally knowledgeable and responsive.” “Providing the industry’s best client support remains a top priority for our organisation,” continued ADERANT’s Kohlsdorf. “Our independent monthly client satisfaction surveys clearly show that we continue to deliver unsurpassed client support and are extremely responsive to service requests.” Microsoft Technologies Provide a Bridge to the Future ADERANT’s outstanding performance in 2008 sets the stage for the introduction in early 2009 of the next-generation of the company’s business management application suite, ADERANT Expert “Golden Gate” Release. The new release will leverage Microsoft .NET Framework 3.5 technologies, including Windows Workflow Foundation, to deliver workflow-enabled file opening and enhanced time entry capabilities as well as provide users with contextual access to tasks, information, and collaboration tools. “As an early adopter of their new Expert File Opening workflow application, we are very excited about how ADERANT is leveraging advanced Microsoft technologies to streamline and improve this essential business process,” said Mary Ann Hallemann, Chief Financial Officer for Thompson Coburn LLP. “ADERANT is taking advantage of Windows Workflow Foundation and other Microsoft .NET Framework technologies in the “Golden Gate” Release of ADERANT Expert, which can deliver strong business solutions to Microsoft customers around the world,” said Paul Andrew, Senior Product Manager for Microsoft. “We are confident that ADERANT’s incorporation of Microsoft .NET technologies can provide organisations with even more cutting-edge functionality and capabilities while potentially lowering their costs.” “There is no doubt that we have made great strides in 2008,” stated Kohlsdorf. “We remain committed to providing the best products, services, and support to our clients and this commitment will continue to drive our organisation in 2009.” |