Microsoft Contract Management Software Leader Announces 2009 Revenues Up 22 Percent 

CLM Matrix shows an increase in sales through a trying economy.

Dallas, Texas, USA, January 29, 2010 — CLM Matrix posts a 22 percent increase in sales over the previous year. CLM Matrix is a Microsoft Gold Certified software company that helps companies achieve greater efficiencies through improved contract lifecycle management. Their Matrix Software solution is 100% based on the Microsoft Office SharePoint Server (MOSS) and Office Professional productivity tools.

“Efficiency and cost savings are easy sells even in this tough economy,” says Tim Sparks, CLM Matrix CEO. “When you create a rules-based process complete with a legal library and checks-and-balances, whether you’re managing thousands of contracts or hundreds, you’re going to be more efficient. Those efficiencies immediately translate into profits. And, C-Level Executives tend to like that.”

The company has been focused exclusively on Contract Lifecycle Management since 2002 and stays true to their business plan of investing ahead of the curve. They recently released Matrix Software version 7.4 and plan another major release in the third quarter. They have planned investments for enhancing:

•        Management/KPI reporting via SQL Reporting Services

•        Numerical contract calculations via Excel-based SmartTable feature

•        User interface via SharePoint dashboard webparts

In 2009, CLM Matrix added a number of new clients from the Financial Services, Energy, Healthcare, and Real Estate industries. The company will leverage their best practices expertise in these and other industries with a set of vertical solutions in 2010, including a Hosted-CLM solution for Small and Medium Businesses.

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 with managing 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.

Software demonstrations are provided the third Thursday of every month. Visit http://www.clmmatrix.com/en/cev/lists/ to register.

Visit our Blog: http://clmmatrix.wordpress.com/

Contact Information:

CLM Matrix — Darrin Poole, VP Marketing

713-849-0501

dpoole@clmmatrix.com