Firmex


Firmex Releases New Platform for Deal Centric Document Collaboration

May 14, 2008

Managing and closing transactions online just got easier with the commercial release of Firmex™ Version2.0, deployed with eight new clients in the last week. Eighteen months in the making Version 2.0 is more versatile, faster and even more secure. Firmex is designed for continuous use amongst Firmex’s financial, legal and corporate clients. 

“Our customers are involved in a variety of corporate/commercial transactions on an ongoing basis. Whether they are running a large M&A transaction, a small financing or simply organizing documents for a proposed transaction, their Firmex Deal Room enables both internal and external deal centric document collaboration. “ says Robert Wilder, Firmex COO. Key new features include managing and cloning transaction templates, publishing closing sets, multi-lingual capability, desktop synchronization and messaging tools.

“Firmex Deal Room is a web-based unlimited use platform that can be utilized by anyone within the organization, regardless of the size of the transaction. Requiring only a web-browser for IT implementation and little upfront cost to run unlimited engagements is the new standard for Web 2.0 Collaboration”. Paying per deal is an historical paradigm associated with printing. We now live in a digital age and the rules have changed”, says Joel Lessem, Firmex CEO. “With our strict focus on the workflow and various business processes associated with document-based corporate transactions, we offer the only system that brings efficiencies to the entire life cycle of the deal. Our clients range from boutique organizations to large multinationals.” 

With over 10,000 registered users and $125 billion in publicly announced transactions in the last 24 months, Firmex Deal Room has fast become the best of class solution for thousands of advisory professionals and corporate dealmakers who collaborate on transactions.

About Firmex

Intuitive, affordable, pervasive – thousands of companies choose Firmex Virtual Data Room (VDR) solutions to securely share their highly confidential documents. Leaders in corporate and financial transactions, M&A, compliance, litigation, and procurement value Firmex’s ease of use and outstanding support to profitably accelerate their online document sharing and collaboration projects. More information about Firmex can be found at www.firmex.com.

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