The Frayman Group Continues Risk Management Momentum with Expanded Operations

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New Larger Facilities in the US and Ukraine to Support Increasing Client Service & Software Development Needs.

The Frayman Group

In today's environment, law firms need to do more with less while still addressing complex compliance needs. This has made our risk management expertise and proven return-on-investment, specifically in areas such as new business intake, conflicts, records management and ethical walls, in high demand.

The Frayman Group, a leading provider of innovative risk management software and services for law firms, today announced the move of both its US and Kiev, Ukraine offices to larger facilities to support the unprecedented growth the company has experienced over the last year.

"Our unwavering focus on providing law firms with innovative and cost-effective risk management solutions is paying off," said The Frayman Group CEO, Yuri Frayman. "In today's environment, law firms need to do more with less while still addressing complex compliance needs. This has made our risk management expertise and proven return-on-investment, specifically in areas such as new business intake, conflicts, records management and ethical walls, in high demand."

The Frayman Group has had banner success over the past year, as evidenced in the following milestones:

New Products and Major Software Releases
Over the past year, The Frayman Group introduced new solutions and major releases of its risk management applications for New Business Inception, Conflicts Reporting, Records Management and Information Barriers and Ethical Walls. These innovative solutions are designed to streamline the risk management processes in law firms and do more with less, enabling law firms to assess risk and onboard new clients and matters faster.

Expanded Partnership with Open Text
In November 2008, Open Text, a global leader in enterprise content management, and The Frayman Group signed an agreement to increase services and support to law firm customers through an expanded partnership. Under the plan, The Frayman Group is providing support and maintenance services for Open Text's LegalKEY product line and the companies agreed to collaborate closely on delivering new solutions to market. The first of these solutions, is the recently announced CompliGuard SecureAccess, a set of web services based APIs designed to provide secure access to document and records management systems, ensuring data integrity risk protection.

Partnership with Tikit Group PLC
In November 2008, Tikit Group PLC, the leading European provider of consultancy, software and support services to the legal sector, and The Frayman Group announced a partnership whereby Tikit will market The Frayman Group's Information Barriers and Ethical Walls software in the UK and Europe.

Significant Customer Wins
The Frayman Group's leading risk management solutions have been selected by leading law firms around the world, including most recent purchases by Ashurst, White & Case, and Cadwalader, Wickersham & Taft. In addition, the company's consulting services have been in great demand as law firms review its risk management practices, reduce vendor dependencies and streamline their processes to gain efficiencies.

About The Frayman Group:
The Frayman Group, a leading provider of software and services for law firms, combines industry expertise with innovative technology to help customers automate business processes, mitigate risk, manage compliance and improve competitiveness. The Frayman Group brings 18 years of experience supporting 150,000 lawyers and support staff in over 270 law firms worldwide. For more information, visit http://www.fraymangroup.com.

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