Monday, September 18, 2006

Techbooks Acquires Whitmont Legal Technologies, Inc.

FALLS CHURCH, Va., Sept. 18 /PRNewswire/ -- Techbooks, Inc., a global leader in integrated content transformation solutions, has signed an agreement to acquire Whitmont Legal Technologies, Inc. (Whitmont), a leading litigation support and eDiscovery services company. This purchase places Techbooks squarely in the rapidly growing market for electronic data discovery (EDD) services driven by the move toward outsourced legal services. The EDD market alone is estimated to be growing at a compounded annual rate of 50% and is expected to reach $2.9B in 2007, according to the 2005 Socha-Gelbmann Electronic Discovery Survey.

Techbooks purchased Whitmont's assets to strengthen its content transformation solutions and expand its domain expertise into the outsourced legal services market. Techbooks will continue to serve Whitmont customers while extending the applications of its technology to other markets of focus including academic, media content, and corporate publishing, among others.

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