CounselLink to Help Legal Team More Effectively and Efficiently Manage their Costs and Matters

October 21, 2011 — NEW YORK - LexisNexis (www.lexisnexis.com), a leading provider of content and technology solutions, announced today it has reached a multi-year agreement to provide its CounselLink® software to Hawaiian Electric Company and its subsidiaries, which serve 95 percent of the state’s 1.2 million residents on the islands of Oahu, Maui, Hawaii Island, Lanai and Molokai. LexisNexis® CounselLink® enables corporate law departments to more effectively and efficiently manage their legal spend and matters, while at the same time optimizing their outside counsel relationships.

“The legal team at Hawaiian Electric is eager to take advantage of the e-billing and matter management tools available through CounselLink,” said Susan A. Li, vice president and general counsel, Hawaiian Electric Company. “Hawaiian Electric and its subsidiaries engage nearly 50 outside law firms at any given time and by leveraging CounselLink, we believe we can become much more efficient in how we work with these firms in order to control costs so we can keep rates as low as possible for our customers.”

“We’re excited that Hawaiian Electric has chosen CounselLink to help them manage their outside legal matters and costs,” said Jeff Schuett, vice president and general manager, Corporate Counsel Solutions at LexisNexis. “With the introduction earlier this year of stronger matter management tools as well as our recent integration with Microsoft? Outlook?, CounselLink has become a truly indispensable tool for corporate legal departments.”

CounselLink consists of robust e-billing capabilities, comprehensive matter management functionality, actionable reporting and analysis tools and various outside counsel collaboration features. More information about CounselLink can be found at http://corporate.lexisnexis.com/
counsellink/.

About LexisNexis Legal & Professional
LexisNexis Legal & Professional (www.lexisnexis.com) is a leading global provider of content and technology solutions that enable professionals in legal, corporate, tax, government, academic and non-profit organizations to make informed decisions and achieve better business outcomes. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. Today, LexisNexis harnesses leading-edge technology and world-class content, to help professionals work in faster, easier and more effective ways. Through close collaboration with its customers, the company ensures organizations can leverage its solutions to reduce risk, improve productivity, increase profitability and grow their business. Part of Reed Elsevier, LexisNexis Legal & Professional serves customers in more than 100 countries with 10,000 employees worldwide.

LexisNexis helps professionals at law firms and legal departments of all sizes manage the business element of their practice with innovative software and mobile solutions for customer relationship management, competitive intelligence gathering and assessment, time and billing management, matter management, client analysis, legal holds and more.

About Hawaiian Electric Company
Hawaiian Electric Company and its subsidiaries, Maui Electric Company and Hawaii Electric Light Company, serve more than 400,000 customers on the islands of Oahu, Hawaii, Maui, Lanai and Molokai, home to 95% of the state of Hawaii’s population. Hawaiian Electric Company is a subsidiary of Hawaiian Electric Industries. (NYSE: HE). For more information, visit www.heco.com.