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Weekly News Digest

December 20, 2004 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITIís Twitter account: @ITINewsBreaks.

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LexisNexis to Acquire CRM Provider

LexisNexis U.S. (http://www.lexisnexis.com) announced that it will acquire Interface Software, Inc. (http://www.interfacesoftware.com), a provider of client relationship management (CRM) products to legal and professional services firms in the U.S., the U.K., and Australia. Reed Elsevier, parent company of LexisNexis, will acquire all outstanding shares of the privately held Interface Software. Current officers, the management team, and employees of Interface Software will remain at the Oak Brook (Ill.) location. Terms of the agreement were not disclosed.

Both companies cite the many synergies of the combined entities. Nathan Fineberg, CEO and president of Interface Software, said: "By combining the relationship-intelligence capabilities of our market-leading CRM platform, InterAction, with superb content from LexisNexis, we can deliver the types of client-development solutions that firms need to drive revenues, enhance client service, and differentiate themselves from the competition."

LexisNexis provides additional client-development and practice-management technologies, including LexisNexis Martindale-Hubbell and LexisNexis CourtLink.

Source: LexisNexis



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