Collexis Subsidiary Lawriter Inc. Announces Expansion of Casemaker Legal Library.Casemaker Expansion to Add 3.5 Million Additional Documents to Raise its Total to 11 Million CINCINNATI -- Lawriter, Inc., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Collexis Holdings, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CLXS), a leading developer of high definition search and knowledge discovery software, announced today that the company has acquired an additional legal library consisting of 3.5 million documents to add to Casemaker([R]), which provides online legal research services to lawyers in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Collexis previously announced on February 4, 2008 that it had acquired Lawriter LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control and its Casemaker platform - already the leading legal provider for state bar associations with over 450,000 members. Steve Newsom, General Manager for Lawriter, stated: "This expansion will provide increased coverage of federal and state court cases. The addition of this impressive library to the current 7.5 million document library of Casemaker will make it one of the largest legal libraries in the small to medium size legal market segment." Lawriter plans to leverage the knowledge discovery technology of the parent organization, Collexis Holdings, Inc., to develop a new suite of products that addresses the productivity and workflow opportunities in the legal marketplace. These new offerings will provide the state bar associations with an affordable, dynamic legal case law platform. About Collexis Holdings, Inc. Collexis Holdings, Inc., a leading developer of high definition search and knowledge discovery software since 1999, headquartered in Columbia, South Carolina Columbia is the state capital and largest city of South Carolina. As of 2006, estimates for the population of the city proper is 122,819[1]. Columbia is the county seat of Richland County, but a small portion of the city extends into Lexington County. (USA) with major operations in Cincinnati, Ohio, Geldermalsen, the Netherlands and Cologne, Germany. Collexis now offers the world's first pre-populated professional social network for life science researchers, www.biomedexperts.com. Collexis' proprietary technology builds conceptual profiles of text, called Fingerprints, from documents, Websites, emails and other digitized content and matches them with a comprehensive list of pre-defined "fingerprinted" concepts to make research results more relevant and efficient. This matching of concepts eliminates the ambiguity and lack of priority associated with word searches. The results are often described as "finding needles in many haystacks Haystacks can be:
• • ; Erasmus University Library; Bristol-Myers Squibb; Lockheed Martin; the World Health Organization; Wellcome Trust; the National Institutes of Health; and the U.S. Department of Defense. Shares of Collexis common stock are traded under the symbol CLXS on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB). For more information, visit www.collexis.com. Forward-Looking Statements Some of the statements made in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These forward-looking statements are based on management's current expectations and include known and unknown risks, uncertainties and other factors, many of which the company is unable to predict or control, that may cause the company's actual results or performance to differ materially from any future results or performance expressed or implied by such forward-looking statements. These statements involve risks and uncertainties, including risks and uncertainties associated with the company's acquisition of Lawriter and its plans to enhance Casemaker's services. These risks and uncertainties are in addition to other factors detailed from time to time in the company's filings with the SEC, including the section entitled "Risk Factors" in its transition report on Form 10-KSB for the period ended June 30, 2007, as amended. The company cautions investors that any forward-looking statements made by the company are not necessarily indicative of future performance. The company is not responsible for updating the information contained in this press release beyond the published date, or for changes made to this document by wire services or Internet services. Collexis and its activities are not sponsored by or controlled by Reed Elsevier Properties Inc. or its licensee LexisNexis. |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion