LexisNexis Document Solutions Partners with ICSA Software to Deliver Comprehensive Domestic and International Corporate Management Tool

Business Wire, Oct 30, 2002

Business Editors

SPRINGFIELD, Ill.--(BUSINESS WIRE)--Oct. 30, 2002

Easy-to-use Web-based Gateway Improves Corporate Governance

Management, Lowers Administrative Costs, Increases Productivity

LexisNexis(TM) Document Solutions, a business unit of LexisNexis(TM) the leading global provider of legal, business and news information, today announced an alliance with ICSA Software, the wholly owned software company of the Institute of Chartered Secretaries and Administrators and worldwide leader in corporate records and company secretarial software.

Together the companies will deliver an integrated Web-based solution through a seamless gateway between both companies' Web sites. Users can access a comprehensive library of U.S. corporate forms, as well as international forms from 12 jurisdictions, form U.S. entities, perform U.S. corporate record searches and manage corporate governance for domestic and international entities. This offering will be the first integrated document solution on the market that caters to both domestic and international companies with business interests in the U.S. and abroad. The alliance will offer unparalleled flexibility for users especially in that its pay-as-you go pricing model includes no software administration or start-up fees.

For more than 40 years, LexisNexis Document Solutions has been providing integrated solutions to help professionals facilitate and support secured lending and corporate entity formation and governance through searching, retrieval, preparing, filing and monitoring transaction-critical documents, which establish ownership, position and management of assets.

"In today's world, it has become increasingly important for businesses to drive efficiencies. As companies expand or restructure, streamlining processes is top of mind for executives as they fight to keep costs down. Moving past paper driven environments and into Web-based systems is one of the issues that professionals are addressing, and the addition of ICSA Software as a business partner will help companies do this, easier, faster and more affordably," said Paul Schultz, president of LexisNexis Document Solutions.

"This alliance will provide both customers with exceptional value-add: access to our comprehensive U.S. Corporate forms library and to ICSA's International Corporate forms and expertise. We look forward to expanding this key alliance by providing further integration of our service with ICSA's corporate records management services in our drive to deliver unparalleled customer service with deep industry expertise in building global customer relationships."

"We are pleased to join forces with LexisNexis Document Solutions, who is one of the leading providers of an extensive library of U.S. corporate forms and filing agent in the U.S.," said Mike Evans, Managing Director of ICSA Software. "This new initiative supports our objective of strengthening and enhancing the services and support we provide our North American users, and those global users with business interests in the USA. The match of our services will continue to demonstrate `The ICSA difference.'"

Wealth of Services At Your Fingertips

This expansive offering, available to users of LexisNexis Document Solutions at www.lexpedite.com, will provide the corporate secretary, corporate counsel, legal practitioner or legal administrator with a comprehensive domestic and international corporate governance management tool that allows you to search and view corporate entity records and prepare corporate forms for filing. Additional benefits include:

Improves Corporate Governance Management. Ability to store statutory records for entities and individuals in multiple jurisdictions including USA, UK, Canada, Australia, Mauritius, Ireland, and South Africa. This one-stop resource will also include:

- Access to most commonly used, fully approved forms for 12 International jurisdictions.

- Ability to search and view all U.S. Corporate and UK registered companies record information, such as legal name, current standing or officer/director information.

Increases Productivity. Real-time electronic access to corporate forms from all 50 U.S. states and International jurisdictions; allows companies to search for and form corporate entities in the U.S. and aboard, Additionally, customers will be able to:

- Save time with a single-point for generating, editing and

storing information for thousands of corporate compliance

forms both domestically and aboard.

- Complete multiple corporate filings through a step-by-step

process based upon the state-by-state requirements.

- Submit a request for incorporating services and corporate

representation anywhere in the U.S.

- Monitor service of process with timely notification of key

filings and tax deadlines with automatic forwarding of annual

reports and other correspondence to designated appointees;

Lower Administrative Costs. With no software administration fees or start-up costs to access the service, organizations will be able to significantly contain costs, especially as the service allows users to pay as they use it. Access to LexisNexis Document Solutions and BluePrint OneWorld is available via a standard desktop Web browser. Since it requires no additional software installation, IT budgets are conserved as customers can avoid installation and administration fees and support staffing requirements.