TyMetrix 360° Version 1.3 Features New Reporting Tools for Corporate Legal and Insurance Professionals.

TyMetrix (www.tymetrix.com), a CT Corporation company and Wolters Kluwer business, and the market leader in web-based matter management solutions for corporate law departments, claims organizations and law firms, today announced the release of TyMetrix 360° version 1.3, the newest upgrade to TyMetrixs integrated suite of powerful Web-based tools. This new release features a refined invoicing tool for greater reporting and enhanced matter grouping capabilities designed to automate business processes for increased management efficiencies in corporate law and insurance claims departments.

Hartford, CT (PRWEB) June 5, 2005 -- TyMetrix (www.tymetrix.com), a CT Corporation company and Wolters Kluwer business, and the market leader in web-based matter management solutions for corporate law departments, claims organizations and law firms, today announced the release of TyMetrix 360° version 1.3, the newest upgrade to TyMetrixs integrated suite of powerful Web-based tools. This new release features a refined invoicing tool for greater reporting and enhanced matter grouping capabilities designed to automate business processes for increased management efficiencies in corporate law and insurance claims departments.

Moving Beyond Manual Invoicing

The new wizard-based invoice entry tool provides users with the flexibility to enter both electronic and manually-created client invoices into the system where they are stored together in a central location. Based on security rights, users can then edit, save and load invoices from the system for quick reporting. Five organized expense category templates of the most commonly created reports help to streamline the invoice entry process for added convenience and time savings.

Our goal is to provide our customers with intelligent tools to simplify their everyday needs," says John Weber, general manager of TyMetrix. Many of the invoice entry solutions on the market offer only a method to process manually-created invoices through the system. TyMetrix 360° is the only solution that provides the wizard-based logic allowing users to quickly enter and categorize the invoice for quick reporting."

Organize Matters to Match Your Business

The new matter grouping tool provides users with access to a horizontal grouping of matters within the network regardless of work area or organizational unit. This powerful group manager will provide transparency for litigated and non-litigated matters across all practice areas," states Keith Brown, senior product manager at TyMetrix. For example, corporate law departments can pick a product that has both product liability and intellectual property matters and group them together as a matter category."

TyMetrix 360° also features several configuration enhancements that allow customers to tailor the solution to meet their specific needs. This includes the ability to create, edit and delete matter groups and the capability to create matter group profiles that provide a high-level overview about the group. In addition, users can now design specific dynamic fields for each matter group. Brown notes that if a client handles a group of matters under a service level agreement with a firm or through some type of portfolio management, the matters can be grouped and dynamic fields relating to those matters will be automatically created which results in increased efficiencies throughout the department.

The company plans to release a new version of TyMetrix 360° with a flexible and scalable pricing model in the coming months. Contact a TyMetrix sales representative for more information or go to www.tymetrix.com.

About TyMetrix

TyMetrix, a part of Wolters Kluwer Corporate & Financial Services, is the market leading brand of Web-based management solutions for corporate law departments and claims organizations. TyMetrix operations are headquartered in Hartford, Connecticut, with staff across the country. TyMetrix solutions provide claims and corporate legal departments with web-based systems for electronic invoicing, performance management metrics, matter management, budgeting and forecasting, document management, and collaborative knowledge management. TyMetrix is a CT Corporation company.

About CT Corporation

CT Corporation, a Wolters Kluwer business, pioneered the corporate legal services industry more than 100 years ago. Today, CT Corporation is leading the industry in developing a powerful suite of integrated workflow tools and services to help corporate legal departments and law firms realize meaningful efficiencies and increased effectiveness. These solutions are corporate governance, including corporate records management and SEC compliance; corporate compliance, such as business entity and UCC compliance filings; statutory representation; and litigation management, including matter management, e-billing and e-discovery. CT Corporation is based in New York City. For more information on CT Corporation, please visit www.CTAdvantage.com.

About Wolters Kluwer

Wolters Kluwer is a leading multinational publisher and information services company. The company's core markets are spread across the health, corporate services, finance, tax, accounting, law, regulatory and education sectors. Wolters Kluwer has annual revenues (2004) of €3.3 billion, employs approximately 18,400 people worldwide and maintains operations across Europe, North America and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its depositary receipts of shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.

# # #