PubNETics and LiveNote Sign Letter of Intent to Merge; Combined Company Will Develop Internet-Based Information Products and Services for the Legal Industry.DENVER--(BUSINESS WIRE)--June 24, 1999-- LiveNote(TM) Inc., the leading developer of real-time viewing and transcript management software for the litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. market and PubNETics(TM) Inc, the market leader in Internet-based transcript management software and services for the court reporting and legal industry have signed a Letter of Intent to merge the two companies. LiveNote/PubNETics' combined technology and market dominance Market dominance is a measure of the strength of a brand, product, service, or firm, relative to competitive offerings. There is often a geographic element to the competitive landscape. will position the new company to establish a major Internet based legal portal, while continuing to develop software applications for the legal industry. The LiveNote product line includes LiveNote FT, a real-time software tool designed to enable attorneys to view, annotate annotate - annotation , search text and generate reports while on-line to the court reporter as well as off-line anytime, anyplace. LiveNote FT transforms the inefficient and costly task of analyzing testimony into an efficient and economical resource. VideoNote(SM) is a service whereby transcripts and video testimony are combined creating a multimedia record. The video deposition is synchronized with the text, providing the litigation team with random access to text and video on a standard PC or laptop. LiveNote products are used by more than 30,000 litigators and court reporting agencies to date, including use in the OJ Simpson criminal trial, UN Bosnia War Crimes Trials and the forthcoming Locherbie hearings. PubNETics' product E-transcript creates a read-only, encrypted, password protected copy of a court reporters certified transcript, including a word index, which can be securely and instantly delivered over the Internet. The company was awarded the contract to electronically distribute trial transcripts and the court record for the Oklahoma City Bombing See Terrorism "The Oklahoma City Bombing" (Sidebar); Venue "Venue and the Oklahoma City Bombing Case" (Sidebar). Trials of Timothy McVeigh Timothy James McVeigh (aka Oklahoma City bomber April 23, 1968 – June 11, 2001), was a former American soldier who was convicted of eleven federal offenses and ultimately executed as a result of his role on the April 19, 1995, Oklahoma City bombing. and Terry Nichols, via the Internet. The company continues to develop secure, password protected and virus-free Internet delivery products and services for litigators and reporters of such cases as the Unabomber Trial and tobacco litigation. Graham Smith, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of LiveNote said, "Growing demand from lawyers to securely recieve depositions via the Internet and access documents and other trial materials has created a compelling opportunity for LiveNote/PubNETics. The need for expedient, secure and manageable access to information will inevitably result in an increase in service expectations. We will provide the bridge through which these increased service demands will be facilitated." Martin Steinberg, CEO of PubNETics stated, "The combined efforts of LiveNote and PubNETics creates the best of both worlds. Together we can now develop and market new Internet based applications for litigators, court systems and court reporters by pooling the expertise of both real-time applications and secure Internet distribution of transcripts and related documents. The Internet has proven to be a tremendous tool for court reporters in the distribution of trial transcripts and depositions, and it is changing how litigators prefer access to this material." Mr. Martin Steinberg will serve as CEO of the new company, and Mr. Graham Smith will be Chairman of the Board. LiveNote will relocate key employees to the PubNETics Denver offices, which will serve as the corporate headquarters for the new company. The merger will be completed in August. The new company will continue to market both LiveNote and PubNETics software products while developing new technologies. Additional announcements and plans for the future of the company will be introduced at the National Court Reporters Association (NCRA NCRA National Court Reporters Association NCRA National Centre for Radio Astrophysics NCRA National Cancer Registrars Association NCRA National Campus and Community Radio Association NCRA National Cooperative Refinery Association ) Centennial Conference on July 28th - August 1, 1999 in Boston, Massachusetts. For more information visit http://www.livenote.com and http://www.pubnetics.com LiveNote develops real-time software tools for litigators. LiveNote products are used by more than 30,000 litigators and court reporting agencies to date, including use in the OJ Simpson criminal trial, UN Bosnia War Crimes Trials and the forthcoming Locherbie hearings. LiveNote is used by 90% of the litigation market that utilizes interactive real-time transcription. More than half of the top 25 law firms in the US use LiveNote for transcript management. Founded in 1996, PubNETics was awarded the contract to electronically distribute trial transcripts and the court record for the Oklahoma City Bombing Trials via the Internet, serving clientele that included CNN CNN or Cable News Network Subsidiary company of Turner Broadcasting Systems. It was created by Ted Turner in 1980 to present 24-hour live news broadcasts, using satellites to transmit reports from news bureaus around the world. , CBS (Cell Broadcast Service) See cell broadcast. , NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. , ABC ABC in full American Broadcasting Co. Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928. , AP, The New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Times and the US Attorney's office. The company has continued to develop secure, Internet-based transcript repositories for trials in major tobacco litigation, pharmaceutical cases and the Unabomber Trial. PubNETics has provided e-briefTM electronic brief services for the US Court of Federal Claims, the 10th Circuit Court of Appeals, the US Court of Appeals for the Armed Forces, and the Supreme Court of the State of Washington. |
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