Thomson Acquires LiveNote
Strengthens Thomson West leadership position in litigation solutions
EAGAN, Minn., Sept. 28 /PRNewswire/ -- The Thomson Corporation (NYSE: TOC; TSX: TOC) today announced that it has acquired LiveNote Technologies, the legal market's leading provider of transcript and evidence management software to litigators and court reporters. LiveNote, based in San Francisco, will be aligned with Thomson West, and is seen as a powerful complement to West's market-leading suite of litigation solutions. Terms of the acquisition were not disclosed.
Peter Warwick, president and chief executive officer of West, said LiveNote strengthens West's leadership position and accelerates the company's growth trajectory in the litigation market. "Our legal research tools are essential to the litigator's practice, and we built on this foundation to create the success of Westlaw Litigator, the first workflow solution for attorneys that couples case law, analytical content and workflow tools. LiveNote brings new power and functionality to our litigation solutions so now we can provide our customers seamless access to all of the specific facts of the case, including case law, briefs, depositions and court testimony," said Warwick.
The legal market's first integrated litigation platform
LiveNote and Westlaw Litigator are the critical building blocks in West's strategy to launch a truly integrated litigation platform. This platform will provide the most comprehensive set of content, tools and functionality, and is the only solution for litigators that combines legal content, case-specific facts and litigation workflow applications. LiveNote adds powerful new functionality to this platform: attorneys can now view, search and annotate live transcripts and video in real time, while sharing strategic insights and Westlaw research with their remote case team over the Internet. LiveNote also lets attorneys link archived deposition and courtroom testimony with related exhibits, creating a virtual binder of the facts of the case. Additionally, LiveNote's RealLegal brand of court reporting tools ensures that the testimony received in LiveNote is encrypted and certified, for secure, seamless delivery from the reporter to the litigator. LiveNote is the only provider of Engate Compliant(TM) real-time technology.
Warwick said West and LiveNote share a commitment to providing powerful technologies, applications and mission-critical content, giving customers the tools they need to make better decisions faster. "We understand the complexity of the litigator's practice, and the critical need they have for real-time information and tools. And LiveNote's ease of use and superior functionality have made it the single most widely used litigation software among the Am Law 200. Together, we offer a level of expertise, inventiveness, scale and understanding of litigators' needs that is unmatched in our market," said Warwick.
LiveNote will continue operations from its San Francisco and Denver locations, and key members of the management team led by Will Robberts, president, will continue with the business. LiveNote founder Graham Smith also remains with the business under a consulting agreement.
"We made the decision to align with the clear leader in the litigation market," said Robberts. "Our mutual focus will be on creating the tools that can help support the litigator at every point in the litigation process - bringing together the facts in the case with West's vast resources in an interface that litigators know and trust."
The Thomson Corporation
The Thomson Corporation ( http://www.thomson.com ), with 2005 revenues of $8.4 billion, is a global leader in providing integrated information solutions to business and professional customers. Thomson provides value-added information, software tools and applications to more than 20 million users in the fields of law, tax, accounting, financial services, higher education, reference information, corporate e-learning and assessment, scientific research and health care. With operational headquarters in Stamford, Conn., Thomson has approximately 40,500 employees and provides services in approximately 130 countries. The Corporation's common shares are listed on the New York and Toronto stock exchanges (NYSE: TOC; TSX: TOC).
Headquartered in Eagan, Minn., Thomson West is the foremost provider of integrated information solutions to the U.S. legal market. Thomson West is a business within The Thomson Corporation (NYSE: TOC; TSX: TOC) and was formed when West Publishing and Thomson Legal Publishing merged in June 1996. For more information, please visit the Thomson West Web site at http://west.thomson.com .
LiveNote is the legal industry's benchmark for evidence management software and services. Its flagship transcript management software is used by 83 percent of the top-200 U.S. law firms. LiveNote World Service, its court reporting division, blends highly-skilled service providers with cutting-edge deposition technology. Its RealLegal brand encompasses a suite of court reporting software to encrypt, certify and secure the record. For more information, please visit http://www.livenote.com .
SOURCE Thomson Corporation -0- 09/28/2006 /CONTACT: John Shaughnessy of Thomson Legal & Regulatory, +1-651-687-4749, email@example.com , or Erica Friedlander of The Thomson Corporation, +1-203-328-8259, firstname.lastname@example.org / /Web site: http://west.thomson.com http://www.livenote.com http://www.thomson.com / (TOC TOC.) CO: Thomson Corporation; LiveNote Technologies ST: Minnesota, California IN: CPR STW SU: LAW TNM AB-JK -- CGTH056 -- 0272 09/28/2006 17:00 EDT http://www.prnewswire.com