Bridgeway Celebrates Major Successes in 2010

HOUSTON, Jan. 18, 2011  /PRNewswire/ -- Bridgeway Software, the leading provider of legal enterprise management solutions, reported today strong revenue growth and profitability for 2010.  The company, which provides matter management, e-billing, litigation management, e-Discovery and corporate governance services, is well-positioned to execute on its mission of bringing legal enterprise management solutions to organizations worldwide to support its current customers while capitalizing on growth opportunities in 2011.  

"In 2010 we continued to execute on our strategy of delivering unparalleled enterprise legal management solutions, which has led to an extremely successful year for Bridgeway," said Keith Okano, president of Bridgeway Software.  "Our customers are excited about our enhanced eDiscovery and Legal Hold products as they experience the productivity benefits of working with an integrated solution that can meet their end-to-end litigation management needs.  By delivering innovative products and services that forge mutually successful, long-term relationships with our customers and partners, we were able to exceed our objectives and are optimistic about continued success into 2011."

2010 Milestones:

• Driven by customer demand for its Legal Enterprise Management solutions to increase efficiency while complying with constantly evolving legal requirements, Bridgeway posted strong overall revenue growth, an increase in license revenue and strong profitability for 2010.  Significant customer wins across several industries including energy, chemical, life sciences, pharmaceutical, storage and automotive, contributed to Bridgeway's success.
• Bridgeway received a significant increase in its Net Promoter® score, which measures customer loyalty through customers' willingness to enthusiastically recommend Bridgeway's products to others.
• Working to ensure that customers receive best-in-class support for their litigation and matter management needs, the company launched the Bridgeway Partners Program, leveraging the best resources in the industry to add value to existing processes, determine important features for new products and help define its Legal Enterprise Management model.
• Bridgeway delivered significant enhancements to its suite of Legal Enterprise Management solutions, including upgrades to eCounsel, its matter management solution, and Secretariat, its corporate compliance solution for governance professionals.  The company also launched enhancements to its popular Legal Hold software, featuring enhanced workflow and automation of multi-level escalations, customizable custodian response analysis and unparalleled scalability and advanced reporting to offer legal departments even more control of the legal hold process.  An enhanced matter management integration feature now provides more seamless workflow between applications and provides complete legal enterprise management.
• Demonstrating its position as an industry leader, Bridgeway was a major participant in several important industry gatherings including LegalTech New York and the Society of Governance Professionals 64th National Conference.  The company also hosted its 15th Annual Client Conference, at which clients and leading experts in matter and litigation management gathered to learn about the latest developments in legal enterprise management technology and share best practices.
• Bridgeway has expanded its sales team with additional positions and looks to fill more in 2011.  Expansion work has begun on its corporate headquarters, demonstrating the company's commitment to growth and support of in-house legal departments and processes.

In 2011, Bridgeway will hold an emerging trends session at LegalTech New York on bridging the gap between matter management, legal hold and eDiscovery; will continue to address the needs of in-house counsel through its Alliance with the Association of Corporate Counsel; and will launch an educational webinar series dedicated to sharing best practices and industry knowledge with its clients and partners.

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About Bridgeway

Bridgeway is dedicated to providing software solutions and professional services to implement best practices for the offices of the general counsel and corporate secretary.  Leading corporations and government agencies optimize productivity and reduce risk with Bridgeway's integrated technology approach for complete legal enterprise management.  Bridgeway implements systems in the areas of electronic discovery, matter and case management, electronic invoicing, cost management, corporate governance, contract management, litigation risk assessment and entity management.  Founded in 1989, the company is headquartered in Houston, Texas with representative offices in Philadelphia and Toronto.  More information about Bridgeway eDiscovery, Bridgeway Legal Hold, eCounsel®, LawManager®, Smart Invoice, Corridor™, Secretariat®, and Bridgeway Diligent Boardbooks™ is available at www.bridge-way.com or by calling 888-272-4699.  Follow us on Twitter http://twitter.com/bridgewaysoft.

SOURCE Bridgeway Software