21-Apr-08 12:30 PM CST

Major Defense Contractor Selects C-Lutions for Contract Management Initiative

DALLAS, Texas - April 21, 2008 – C-Lutions, LLC., the leader in contract lifecycle management solutions on the Microsoft Office platform, today announced that its ContrACT Fast Track solution has been selected for a contract management project with a multi-national defense contractor. This represents a win in a vertical that demands strong rule and policy based process workflow to ensure compliance with Federal contracting guidelines. All of C-Lutions products come out-of-the box with market leading wizard configurable workflow functionality that requires no code and no developers to set up. This allows the system to be configured to how an organization would like to work while enforcing and ensuring compliance to applicable policies and procedures. Current plans with this new customer are to deploy ContrACT Fast Track in select divisions while evaluating a near term deployment of CLM Matrix, C-Lutions enterprise contract lifecycle management product.

"C-Lutions is fortunate to have been selected by another industry leading firm", says Steve Chunn. "This further validates the competitive feature/function capabilities of our product as stacked up against CLM incumbents. Our best customer is an objective and educated buyer who understands the business challenges they are trying to solve".
As the recognized leader in contract lifecycle management on the Microsoft Office platform, C-Lutions continues to innovate and leverage technology included in Microsoft Office that will help Fortune 1000 firms streamline, standardize and automate their contract processes.

About Contract Lifecycle Management

Contract Lifecycle Management is an emerging market fueled by the growing awareness of the strategic role of contracts and trade agreements on both the buy and sell side. CLM is the process of systematically and efficiently managing contract initiation, creation, negotiation, and execution through to expiration. Today, most organizations employ a blend of manual, paper-laden, and informal processes that rely on Microsoft Word as attachments in Outlook e-mail. Strategic and valuable information lies trapped in paper documents, exposing the organization to inflated costs, missed revenue opportunities and avoidable compliance risk.

About C-Lutions
C-Lutions is a leading innovator in the Contract Lifecycle Management market, developing solutions for forward thinking Fortune 1000 organizations who realize they can no longer afford to rely on templates and e-mail attachments for mission critical procure-to-pay and quote-to-cash contract processes. C-Lutions launched CLM Matrix as the first and only CLM solution built exclusively on the Microsoft Office technology platform. C-Lutions mission is clear: to equip enterprise and upper mid-market customers with contract excellence best practices, technology tools and tactics that can be used as a major driver of supply and demand chain transformation. C-Lutions is based in Dallas, TX. For additional information, visit: www.clution.com.
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Source: C-Lutions

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