Hartford, CT — April 11, 2002 — TyMetrix, Inc., a pioneer in developing electronic invoicing and financial management technologies and a leader in providing Internet application services to the legal community, announced today that it has been selected by Microsoft as the winner in its TechEd Awards 2002 program in the category of "Best Vertical-focused Solution" for its CynOps Collaborative Matter Management System. This category is awarded to a solution, product, or service targeted at a vertical market segment and measured by increased business productivity.

CynOps is a unique merger of collaborative networks and matter management features. It integrates the most advanced collaboration tools available anywhere with the most client-configurable and powerful legal matter management system in the industry. The CynOps development team leveraged Microsoft Windows 2000, Microsoft Exchange 2000, and Microsoft Visual Studio to build a state-of-the-art "digital nervous system" integrated with TyMetrix, the leading provider of electronic invoice processing services.

Following the announcement, Mike Curreri, TyMetrix' Senior Vice President responsible for leading the team working on the CynOps Collaborative Matter Management System, said, "The basic problem addressed by all large corporate consumers of law firm services is that these services have been inefficiently delivered, difficult to organize into a cooperative team effort, and difficult to monitor and manage from the standpoint of both substantive matter and financial information. CynOps answers these needs with a unique approach that would not have been possible before the availability of Microsoft's Exchange and SQL server products. The combination of CynOps and TyMetrix financial services on the Microsoft platform has resulted in dramatic improvements in the collection, organization, and dissemination of both structured and unstructured data pertaining to matters."

"The integration of the legal industry's mission-critical applications of matter management, document management, electronic invoicing, contact management, calendar management and vendor management can now be delivered," he went on to say, "via a highly personalized next-generation Web portal interface. This maximizes the collaborative potential of both the Internet and the underlying Microsoft applications. Through CynOps, TyMetrix provides the most advanced, fully featured, and user-friendly collaboration and matter management tool available to lawyers and their clients today."

"CynOps by TyMetrix provides a valuable solution for increasing business productivity within an organization," said Kevin McCuistion, group product manager for the .NET Enterprise Server Group at Microsoft.  "We are excited to be working with TyMetrix to offer corporate legal departments and insurers a reliable, secure and easy to use solution that extends the benefit of Exchange 2000 and delivers compelling business value to our mutual customers." 

Microsoft Exchange is the leader in messaging and collaboration, with more than 100 million licenses sold. Exchange 2000 is the easy-to-manage messaging and collaboration platform that provides e-mail, calendaring, instant messaging, conferencing and services for custom collaborative applications that bring people and information together. Exchange 2000 delivers enhanced reliability, scalability, manageability and performance with a lower total cost of ownership.

Realizing that system design and collaborative culture issues present significant challenges for any company serving the legal industry, TyMetrix is staffed with some of the nation's most experienced personnel in this area. "There is no company in the nation that has more experience in collaborative networking, law related financial management and performance metrics for the legal community," said Curreri. "And because the learning curve on these matters is steep and long, TyMetrix generates huge savings for clients in implementation costs."

"The result," according to Curreri, "is a system that optimizes data input and reuse, assists managers and retained counsel in better managing their legal matters, and significantly enhances the quality of communications between participants. It enhances the quality of representation by allowing all participants to share in the developing knowledge base and optimizes the team's ability to discern patterns and develop effective representation strategies which can be selectively deployed."

"This complete package of collaborative and management tools is then tightly integrated with the financial management tools of TyMetrix -- electronic presentment of invoices, processing and paying those invoices, and tracking and managing the legal expenses through the industry's fullest-featured system of reporting tools and metrics. Integrating these financial and substantive information systems creates a decision making tool that is second to none in the legal services industry."

TyMetrix, Inc., empowers Corporate Law and Claim Departments to reach new levels of partnership and performance with outside counsel by delivering law firm performance metrics and transactional data analysis for decision-makers nationwide. As the pioneer in developing legal e-billing and collaborative matter management technologies over the Internet, TyMetrix continues to break new ground in providing services to the legal community through robust analytics and reporting tools, custom systems design, and unrivaled, consultative service and support. Its clients include several of the largest insurance companies and major corporate law departments throughout the country with participating law firms everywhere, including many of the AmLaw 200.

TyMetrix can be reached at (860) 549-8795; or, visit our web site at www.TyMetrix.com.

For additional comment, contact swallace@TyMetrix.com.