Omtool™ Delivers Measurable Document Process Improvements to the Legal Industry

ANDOVER, Mass.--(BUSINESS WIRE)--Omtool™ (OMTL.PK), a leading provider of document capture and handling solutions, today disclosed the findings of a recent legal industry survey conducted by Omtool. The survey revealed that two out of every three Chief Information Officers surveyed believe “process improvement” is the leading factor determining their technology investments. Omtool’s acclaimed AccuRoute document capture and routing product family addresses this need for process improvement by addressing all aspects of a law firm’s paper-based business processes, including invoice processing.

“Last year, our firm was able to reduce the growing rate of storage requirements by 20%. In fact, prior to adopting AccuRoute, our firm would have over 150,000 requests to pull documents from their storage location; we have reduced this by 90% to just 15,000 requests per year.”

AccuRoute has the unique capability to capture and convert documents into multiple formats and then distribute them to multiple destinations, simultaneously. Through the use of our newly added Vendor Invoice Processing (VIP) Suite, law firms can capture, convert, process, distribute, approve and archive all their invoices in one simple, yet all-inclusive process.

Omtool's Vendor Invoice Processing (VIP) solution integrates a continuous automated invoice processing infrastructure with the capability to handle bills and expenses as they arrive whether they are in the form of paper invoices, hard copy or electronic documents. This VIP software, allows the user to convert those hard copy documents into electronic documents and move them through the electronic invoicing and approval process seamlessly.

“Based on Omtool’s dedication to the legal community and their development of AccuRoute with extensions specific to legal technology infrastructures, we recently decided to implement AccuRoute across the entire firm to provide document-related process improvements,” said Bill Koch, director of technology services, Womble Carlyle Sandridge & Rice, PLLC. “We believe this will result in great financial and productivity benefits firm-wide.”

Omtool will be demonstrating AccuRoute and their Vendor Invoice Processing Suite at ILTA in Las Vegas, (booth #405). Personalized demonstrations will also be available in Omtool’s private VIP suite by making an appointment.

Omtool has a long-standing reputation for delivering business improvement and innovation to their customers and partners. According to John Franco, records manager at Kaye Scholer, LLP, “Last year, our firm was able to reduce the growing rate of storage requirements by 20%. In fact, prior to adopting AccuRoute, our firm would have over 150,000 requests to pull documents from their storage location; we have reduced this by 90% to just 15,000 requests per year.”

Every year Omtool recognizes outstanding law firms for their innovation when using AccuRoute. During ILTA, Omtool will announce the winners of this year’s “Drive for Innovation Awards.” This exceptional award will be presented to Omtool’s legal customers who leverage their AccuRoute document capture and handling solution in the most innovative ways to achieve successful results in the areas of content accessibility, technology integration, streamlined workflows, corporate governance, and/or cost savings.

Visit Omtool ILTA (booth #405) to see AccuRoute and their VIP Suite first hand or make a reservation for a personalized demonstration in Omtool’s private VIP suite at www.omtool.com/GoILTA2010.

About AccuRoute

Omtool's acclaimed AccuRoute streamlines the capture, conversion, communication, and archiving of paper and electronic documents for organizations of all sizes. This server-based document capture and handling platform provides fast, secure and simultaneous document distribution to multiple destinations in multiple formats enabling organizations to perform complex document management tasks more efficiently. Designed for distributed enterprise document routing and accessible from any desktop computer or network-enabled scanning device (including a digital MFP), AccuRoute makes documents immediately accessible where and when they are needed. The result: organizations enjoy faster, more efficient document workflows, while reducing associated costs, complexity, and risk.

About Omtool, Ltd.

Omtool, Ltd. is a leading provider of document capture and handling solutions that simplify the integration of paper and electronic documents into enterprise information management systems. Its flagship product family, AccuRoute, streamlines the capture, conversion, communication, and archiving of paper and electronic documents, enabling fast, secure, and simultaneous distribution to multiple destinations in multiple formats. Available at any network-enabled scan device or from a user's desktop computer, AccuRoute provides faster, more efficient workflows, while reducing costs, complexity, and risk. Omtool solutions are used worldwide by businesses in document-intensive industries that demand secure handling, integration, and tracking of documents in full compliance with a range of regulatory requirements. Based in Andover, Mass., with offices in the United Kingdom, Omtool can be contacted at 1-800-886-7845 or www.omtool.com.

This press release may contain forward-looking statements, including statements regarding Omtool's future financial and operating performance; customer interest in and acceptance of Omtool's products; long-term sales strategy; distribution channels; and the future plans of Omtool's management. These forward-looking statements are neither promises nor guarantees, and are subject to risk and uncertainties that could cause actual results to differ materially from the expectations set forth in these forward-looking statements, including but not limited to, risks associated with Omtool's business, including introduction of new product offerings, concentration of all products in the electronic document exchange market, focus on specific vertical markets; Omtool's strategic focus on new vertical markets; and those other risk factors described in Omtool's periodic reports and registration statements as filed with the Securities and Exchange Commission. Reported results should not be considered an indication of future performance. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Omtool undertakes no responsibility to update any such forward-looking statements.