SpectoWise Inc. Joins LEDES.ORG

SpectoWise, Inc., a leading provider of sophisticated legal spend business analytics and customized metrics reporting solutions, is pleased to announce that the company has been accepted as a member of the LEDES Oversight Committee (www.ledes.org)

WETHERSFIELD, CT – January 31, 2006 -– SpectoWise, Inc., a leading provider of sophisticated legal spend business analytics and customized metrics reporting solutions, is pleased to announce that the company has been accepted as a member of the LEDES Oversight Committee (www.ledes.org)

The LEDES Oversight Committee is a voluntary organization of legal industry representatives which as has designed and continues to improve the law firm billing standards in use by every major legal e-invoicing vendor and law firm time & billing software provider. The organization’s membership includes legal technology vendors, representatives from member law firms, and representatives from corporate law departments.

“We’re excited to be accepted as members of the committee,” commented Peter Szymonik, President of SpectoWise. “Advanced business analytics and legal metrics reporting is anticipated to be a very important topic for the committee in 2006 as corporations, vendors, and law firms look to quantify savings and extract the greatest amount of value from their time & billing, legal e-invoicing, and claims and matter management systems.”

SpectoWise is uniquely positioned within the industry as we can work with legal metrics data owned by corporate law departments, law firms, and legal technology technologies simultaneously. SpectoWise plans to provide the LEDES Oversight committee with powerful insights in regards to what information should be captured as part of the legal billing process to allow every interested party to benefit from the data generated by the LEDES file formats and UTBMS task codes, and how best to utilize this these data sets with a corporations own in-house data systems.

About SpectoWise, Inc.
SpectoWise, Inc., provides sophisticated legal spend business analytics and custom metrics reporting solutions for corporate legal departments, insurance carriers and financial institutions. SpectoWise, Inc. is headquartered in Wethersfield, Connecticut and anticipates the opening of branch offices in Chicago, Illinois and California in 2006. The founders and principals of SpectoWise have provided advanced legal technology implementation and management advisory services to over 100 Fortune 500 corporations and insurance carriers.

Contact:

SpectoWise Media Relations
tel. 877-833-7144

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