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Softwise^® Corporation and Litéra^® Corp. Announce Joint Venture
May 15, 2008

Two Metadata Management Utilities Become One Highly Advanced Offering

Staten Island, NY and McLeansville, NC: SoftWise^® Corporation (www.softwise.net) and Litéra^® Corp. (www.litera.com), two highly respected resources in the document production and management marketplace, have agreed to merge their respective metadata utilities, Out-of-Sight^® and Metadata Sweeper^®. The new product is to be named Metadact.

Metadact will allow users to view and act on Metadata in all Microsoft Office and PDF documents. The combining of the two products has produced a consummate set of 14 features that, until now, were exclusive to only one of the two. Metadact will be available to Litéra's customers in late 2008.

The announcement of this merger was made by SoftWise Corporation Founder and President William L. Robertson and by Deepak Massand, founder of Litéra Corp.

“Both our companies share an unswerving commitment to our users and to the quality of our products. This product merger now provides the best features and the most highly effective functionality of two strong and distinctive solutions,” states Robertson.

Massand added, “Metadact will combine the best of Out-of-Sight and Metadata Sweeper. Both these products have already proven their unequivocal values in the marketplace. By merging the two technologies, we underscore the critical importance of easily accessible metadata management.”

Metadata is the collective term for embedded information contained in all Microsoft Office documents. Though usually hidden on screen, metadata components such as last 10 authors, file paths, editing time, tracked changes and comments are constantly accumulating and can be easily discovered in any electronic document. Delivered as a shrink-wrapped engine, Metadact’s easy-to-use, single dialog approach to design will enable firms to identify metadata components within their documents; generate detailed reports of that metadata; and then “clean” those documents, before sending them, by eliminating the unwanted metadata.

For more information, e-mail sales@litera.com or visit Litéra online at www.litera.com.

About Litéra: Litéra^® Corp., a privately held company, is the global leader in total document comparison technology, metadata removal tools and PDF editing technology. Founded in 2000, Litéra is known for its focus on accuracy, continuous product innovation and outstanding support capabilities. It’s flagship product, Change-Pro, is used by law firms around the globe.

About SoftWise: SoftWise^® Corporation, a New York based company, is focused exclusively on developing state-of-the-art software products that meet the challenges faced by organizations in today's competitive marketplace. Approximately 30 percent of the top 200 law firms use SoftWise’s Innova document automation platform and/or Out-of-Sight metadata management utility. With more than 280 installations and over 85,000 active users, SoftWise continues to aggressively expand its client base, both domestically and internationally. SoftWise was founded in 1991 by William L. Robertson, who today serves as the company’s president. For more information please visit http://www.softwise.net/ or call 718.876.9776.

Contact Information

Litéra^® Corp.
Donovan Alexander
5000 Crossmill Rd.
McLeansville, NC 27301
dalexander@litera.com

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