Solving Customers’ Pain Proves to be Recession Proof for CLM Matrix 

CLM Matrix announces best quarter in company’s history.

Houston, Texas, USA, July 15, 2009 — “Unstructured content” is the new buzz phrase causing CFO’s and front line managers with bottom line responsibilities lots of pain. With user-friendly software like Microsoft Office SharePoint Server, companies are seeing more and more collaborative projects. And while organizations are reaping real benefit from this team synergy, there are real costs involved in managing the explosion of information being generated. 

CLM Matrix is one of the first companies to recognize the need to harness the power of SharePoint and take this popular software to an entirely new and manageable level. CLM Matrix uses the SharePoint platform as the basis for its powerful contract lifecycle management products. The CLM Matrix software takes all aspects of the contract process into consideration and helps companies cope with the staggering degree of detail, rules, options, and deadlines that have to be accounted for in order to mitigate risks and improve profitability.

Because of the complexities addressed and the wizard based ease-of-use, CLM Matrix is rapidly increasing its client base. The company has recently attracted several large clients to give them their best quarterly performance yet. New clients are from the energy sector, a large utility provider that develops, owns and operates independent power facilities and two from the healthcare sector. The company maintains a healthy opportunity pipeline for the second half of fiscal 2009.

To keep up with the company’s growth, CLM Matrix is proud to welcome Edward Pecelli and Chuck Barry to the team. These gentlemen will be focusing on software deployment and customer support activities to keep up with customer demand.

CLM Matrix CEO, Tim Sparks, states, “We’ve worked hard to provide our clients with solutions that solve their problems. We stay on the forefront of what’s costing our clients time and money so that we are the first to ease their pain. We continue to add value to organizations by helping them streamline their contract processes. The implementation of our software can save companies millions of dollars and give them back control. This is why our client base continues to grow — despite the economy.”

About CLM Matrix:

CLM Matrix, the Contract Lifecycle Management solution built on the Microsoft Office Suite, is an end-to-end solution to address the creation, negotiation and administration for both buy-side and sell-side contracts.  The company’s Matrix Software solutions provide full lifecycle capabilities from initial request and negotiation to contract closure and monitoring with automated workflow approvals and alerts along the way. The solution delivers significant value by:

• Reducing time and expense while simplifying the creation of new contracts
• Expediting the negotiation of complex contracts
• Reducing the overall expense associated to manage contract compliance
• Shortening the timeframe to contract closure... ensuring faster access to revenue streams

To learn more about CLM Matrix please visit www.clmmatrix.com or call us toll free at 800-961-6534.

Contact Information:

CLM Matrix — Darrin Poole, VP Marketing

713-849-0501

dpoole@clmmatrix.com