Equitrac Announces 100th Customer of Award-Winning Legal Cost-Recovery & Print Tracking Solution

PLANTATION, Fla., Feb. 20 /PRNewswire/ -- Equitrac Corporation, the world's most trusted name in intelligent cost recovery and print management solutions, today announced the signing of the 100th customer for its award- winning Equitrac Professional 5 solution.

Since the launch of Equitrac's fifth-generation legal cost recovery and print management solution in September 2006, Equitrac Professional 5 has registered a tremendous response from across the spectrum of law firms throughout North America and worldwide.

"Equitrac is extremely pleased with this enthusiastic adoption of Equitrac Professional 5 by law offices of every size across the United States, Canada and around the world as the preferred solution to their cost recovery needs," said Michael Rich, CEO, Equitrac Corporation. "We know that Equitrac Professional 5 provides the most-advanced technology available for law firms seeking the flexibility of deployment as either a software-centric embedded or terminal-based solution, and the marketplace has expressed its agreement with us through this vigorous response to our latest-generation platform."

Recipient of a 2006 "Pick of the Year" award as "Outstanding Professional Print Management and Cost Recovery Solution" from Buyers Laboratory Inc., Equitrac Professional 5 offers a centralized system for tracking of scanned, copied, faxed and printed documents along with call accounting and disbursement capture for the most efficient discovery and recovery of client billable expenses available in the marketplace today.

More than 70 percent of law offices in the definitive Am Law 200 ranking of top legal firms in America use Equitrac cost recovery and print management solutions. Equitrac's history of innovation continues with Equitrac Professional 5 which has been designed to capture revenue opportunities from emerging technologies and streamline workflows while simplifying the IT management function.

"We're particularly impressed with the ease of use of the new platform, both in terms of the clarity of the reports it generates for the accounting department and how it performs on the server, where functions such as adding new users or configuring a new device are very intuitive," said Terry Hernlund, IT manager, Gammage Burnham. The recent upgrade to the latest edition of Equitrac Professional, Hernlund said, provides the 100-person Phoenix-based law firm with a necessary consolidated view of all printing, copying and scanning activities, giving it the tools to easily track and accurately bill for client expenses.

"As digital technology changes the way the legal industry operates, maximizing staff time across document production and workflow disciplines remains a mission critical concern, and one that many firms are still struggling to address," said David Sweetnam, Vice President, Research and Content Development, BERTL, a leading source for objective, independent product-evaluation reports, market research and comparative analyses on digital imaging devices and software. "By developing embedded solutions for use with MFPs and third party vendors like eCopy, Equitrac allows law firms to see a much faster return on investment when purchasing document management and cost recovery technology than was previously possible."

Integrating with the latest technologies from solution providers such as Xerox Corporation, Canon, Ricoh, Sharp, HP and eCopy, the Equitrac platform offers a number of advanced capabilities to law firms seeking the latest- generation cost recovery and print tracking solution for their networked multi-function products (MFPs).

Equitrac Professional 5's network services architecture fully supports the modern digital practice, featuring direct integration with all leading time and billing systems, Microsoft, Novell and Citrix network infrastructures, and more products from independent legal solutions providers than any other vendor. Integration with document management systems from Hummingbird, Worldox and Interwoven, among others, provides automatic matter-centric allocation of document expenses based on the metadata available in the DMS document profiles.

By providing a standardized, next-generation cost recovery and print tracking solution on a single, scalable network services platform, Equitrac Professional 5 also simplifies and centralizes IT maintenance and administration, leverages existing hardware investments for greater efficiencies and reduces the total cost of MFP and output device fleet ownership.

Further information about the Equitrac Professional 5 solution for legal and professional firms may be obtained online at: http://www.equitrac.com.

About Equitrac

Equitrac Corporation is the recognized leader and most trusted name worldwide in intelligent cost recovery and print management solutions. Backed by an unmatched R&D program and the largest team of cost-recovery experts in the world, Equitrac enjoys preferred technology partnerships with the world's leading providers of hardware and software solutions for the office environment. From the Fortune Global 100 to college campuses, within the AMLAW 200 and in municipalities across the globe, Equitrac solutions are at work helping organizations recover costs, reduce waste, increase returns and maximize efficiency in printers, copiers and multifunction devices.