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Open Text and The Frayman Group Expand Partnership to Better Serve the Law Firm Market
Friday 14. November 2008 - The Frayman Group to Provide Support and Maintenance Services for Open Text's LegalKEY Products, Backed by its Specialized Risk Management and Compliance Expertise in the Legal Market
Open Text Continues Focus on Solution Development for the Legal Market
Open Text(TM) Corporation (NASDAQ:OTEX)(NASDAQ:TSX:)(NASDAQ:OTC), a global leader in enterprise content management (ECM), and The Frayman Group, a leading provider of business process assurance services and technologies for law firms, today announced a plan to increase services and support to law firm customers through an expanded partnership.
Under the plan, The Frayman Group will provide support and maintenance services for Open Text’s LegalKEY product line. Open Text will continue its focus on development for LegalKEY as well as its eDOCS product lines for law firms, and offer support services in collaboration with The Frayman Group. The companies have also agreed to cooperate on the development of new products and solutions to serve the legal market, combining The Frayman Group’s expert view of evolving firm requirements and Open Text’s extensive ECM and enterprise software expertise.
Based in New York City, The Frayman Group is a recognized leader in consulting and software support services that help law firms reduce risk, grow strategically and boost productivity. Open Text’s LegalKEY customers will greatly benefit from The Frayman Group’s specialized focus on the requirements of law firms, and the company’s attention to risk management software services.
The Frayman Group is uniquely suited to support Open Text’s LegalKEY products. The company is an Open Text Development and Services Partner, and has a team of professionals with extensive experience in all aspects of LegalKEY systems and services, as well as a world-class enterprise software support offering.
Open Text’s LegalKEY, which is used in hundreds of law firms around the world, is a suite of practice support applications that manage complex risk, compliance and conflicts management issues that are critical to a law firm’s operations.
“The way the legal market is evolving, we believe there’s a better way to provide more specialized support for the application of ECM solutions in law firms,” said John Shackleton, President and Chief Executive Officer of Open Text. “The Frayman Group is the foremost authority on risk management and compliance consulting, software and services for law firms. With The Frayman Group’s services, and our knowledge of ECM and extensive development resources, we will be able to give our law firm customers a powerful combination that can’t be matched in the legal market.”
“Open Text’s LegalKEY practice support solutions offer comprehensive capabilities designed for the tough information challenges of today’s leading law firms,” said Yuri Frayman, founder and Chief Executive Officer of The Frayman Group. “We’re excited about the opportunity to work with Open Text, and to support the LegalKEY client base, which is complementary to our current business offering of providing risk management consulting, software and services to the legal community.”
The Frayman Group and Open Text will be providing more details on the agreement to customers