Omtool Continues to Expand Its Leadership in the Legal Industry with New Applications and a Growing Customer Base

ANDOVER, Mass.--(BUSINESS WIRE)--

Omtool™ (OMTL.PK), a leading provider of document capture and handling solutions, today announced the expansion of its legal solution suite and customer base at LegalTech in New York. Omtool has added a Vendor Invoice Processing (VIP) Suite to its growing family of products specific to the legal vertical market and continues to add to its growing list of hundreds of legal customers, including approximately 50 percent of the top 100 U.S. law firms.

Omtool’s VIP Suite, which is built upon the company’s AccuRoute^® document capture (scanning) and handling solution, provides legal organizations with a streamlined, electronic workflow to move invoices and related information quickly through approval cycles and into industry standard financial systems. This VIP Suite captures invoices at the point of processing, directly by the attorney or through the accounting department and routes those invoices through the appropriate approval process while including the collection of pertinent client and billing information. Once approved, the invoices are archived in Omtool's ObjectArchive™ while maintaining a direct connection from the billing system for continuous and immediate access to these invoices for the life of the client.

“Adopted by firms such as Loeb & Loeb LLP, legal groups of all sizes will benefit from streamlined invoice processing and disbursement management, resulting in increased cost recovery, accelerated billing cycles, and corresponding time to revenue as well as firm transparency to its clients,” said Thaddeus Bouchard, chief technology officer with Omtool.

Over the past year, Omtool has continued its focus in the legal market as evidenced by not only the legal-specific expansions to its AccuRoute product line, but also by its continuously expanding client base who benefit from the cost and productivity savings provided by implementing these comprehensive document capture and handling products.

“As we shift our document capture strategy to encompass enterprise-wide and feature-robust scanning requirements, it became obvious to Ice Miller LLP a move to Omtool’s AccuRoute solution would fulfill our IT and user needs,” said Tony Deloera, chief technology officer with Ice Miller LLP. “We have found Omtool to be the right partner to move forward with, and expect more good things from our investment in AccuRoute.”

In addition to Ice Miller LLP, Omtool continues to expand its client list with new AccuRoute adoptions by law firms such as McAfee & Taft and Wilson Sonsini Goodrich & Rosati, who benefit from the wide variety of features provided by AccuRoute that address legal document processes such as scan to document management, records management, and litigation support systems, as well as e-filing, mailroom capture, and vendor invoice processing.

While at LegalTech, Omtool will be providing demonstrations of its AccuRoute solution and its new Vendor Invoice Processing Suite in booth #2301. Visit www.omtool.com/LegalTech2010 for more information.

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.