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LexisNexis™ Document Solutions Partners with ICSA Software to Deliver Comprehensive Domestic and International Corporate Management Tool
Easy-to-use Web-based Gateway Improves Corporate Governance Management, Lowers Administrative Costs, Increases Productivity

SPRINGFIELD, IL, October 30, 2002 - LexisNexis™ Document Solutions, a business unit of LexisNexis™ 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.

Skilled customer service representatives. Each customer will have access to an assigned customer service representative who will be able to assist them with questions and their individual needs, and who can navigate through our International network of partners to ensure your documents are handled in a timely and professional fashion.

The introduction of this partnership is part of LexisNexis Document Solutions ongoing commitment to enhance its corporate service capabilities and to offer international solutions that address issues in today’s global marketplace. Using the best available Web-based technology and global industry expertise, customers will save more time and costs preparing and filing corporate documents, and achieve more control and efficiency.  This announcement comes on the heels of LexisNexis Document Solutions’ recent launch of its Web-based application for Corporate, UCC and Motor Vehicle customers, LexisNexis Document Solutions at www.lexpedite.com
.

About ICSA Software

As a wholly owned company of the Institute of Chartered Secretaries and Administrators, ICSA Software is the largest supplier of corporate compliance and company secretarial software in the world and is continually first with new and innovative solutions for the busy corporate and company secretary. ICSA has a total membership of 44,000 with members in many parts of the world including Australia, Canada, New Zealand and Southern Africa. The Institute also has 28,000 students worldwide.

About LexisNexis

LexisNexis Document Solutions, founded in 1962, is part of the LexisNexis Corporate and Government Markets business unit.  Headquartered in Springfield, IL, USA, LexisNexis Document Solutions operates businesses providing Incorporating and Corporate Representation Services, Motor Vehicle Titling and Registration Services, UCC and Lien Related Searching and Filing Services.

LexisNexis™ is the global leader in comprehensive and authoritative legal, news and business information and tailored applications.  Its online services combine searchable access to over four billion documents from thousands of sources.  A member of Reed Elsevier plc [NYSE:  ENL; NYSE:  RUK], LexisNexis is headquartered in Dayton, Ohio, USA, and does business in 100 countries with 12,000 employees worldwide.  The company offers an extensive range of products and customized tools that address job-specific and organization-wide information needs, driving productivity and confident decision-making. LexisNexis recently was named one of KM World magazine’s “Top 100 Companies in Knowledge Management.”

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