Two Step Announces New AmLaw 100 and Investment Company Customers

Leading Law Firms and Private Equity and Technology Company Legal Departments Sign On As New Customers

October 14, 2005, Waltham, MA—Two Step Software, Inc., a leader in corporate governance, ownership, and minute book management software solutions, announces new customer relationships with several AmLaw 100 law firms and major investment company legal departments.

After extensive evaluations, Two Step Software has been chosen by AmLaw 100 law firms Foley & Lardner LLP, a provider of legal counsel to global companies and employing almost 1,000 attorneys in 20 offices; and Proskauer Rose, with over 400 attorneys and operating in eight offices around the country and in Europe. New legal department customers signing on include: S&P 500 real estate investment company Archstone-Smith; the nation’s largest private equity buyout firm focused exclusively on energy investments First Reserve; $4 billion diversified financial services holding company Ullico Inc.; several leading technology companies, including Stanley Associates, Gearworks Inc., and Innovative Interfaces Incorporated; and semiconductor company AmberWave Systems Corporation, named one of Red Herring’s Top 100 Private Companies in North America.

I’ve used Corporate Focus in both the law firm and corporate settings and I have found Two Step's system indispensable," says Rose Mary Abrams of AmberWave Systems. "I’ve used everything the product offers, including the online minute books, corporate governance features, tracking of officers and directors, as well as extensive use of the ownership tracking capabilities."

Comments Abrams, "When I was the paralegal manager in a law firm, I loved using Corporate Focus because I could track all the information I needed. Despite all the activity that takes place in a large law firm, I didn’t have to waste time looking for the details or wondering who had the most up-to-date information. I could serve attorneys and their clients so much faster. Then, I moved to a company that used a different system. It didn’t have the capabilities or user-friendliness of Corporate Focus, so we switched."

"Now I can track all types of details for entities, officers and directors, jurisdictions, key agreements, as well as ownership records all in one system. Corporate Focus also provides a repository for copies of finalized minute book documents, option agreements, key agreements, and other important documents. I don’t have to manage large spreadsheets, manually calculate or re-key information. The value of the time savings and efficiency it brings to the company is undeniable," says Abrams.

Gary D. Levine, President and Founder of Two Step Software, comments: "Whether our users are at an AmLaw 100 law firm, the legal department of an NYSE company, or the finance department of a fast growing, venture-backed company, they can always depend on the same trusted and familiar browser-based application to centralize all their corporate records."

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