Integration of InSystems Corporation creates a complete, end-to-end document automation and compliance solution.
Moncton, NB, Canada (PRWeb) February 7, 2007 -- Whitehill Technologies, Inc. (www.whitehilltech.com) today announced that the company achieved record growth in 2006, increased its revenue 240% over the previous year, and integrated a major acquisition that doubled Whitehill’s staff.
“This has just been a tremendous year for Whitehill,” said Paul McSpurren, President and CEO, Whitehill Technologies, Inc. “With the acquisition of InSystems Corporation, Whitehill has solidified its position as a market leader. Our teams in New Brunswick, Ontario and Virginia have worked incredibly hard to bring this new company together. We have combined our product lines to create a complete, end-to-end solution that meets our customers’ needs for document automation, compliance, and integration.”
Prestigious new client wins
Whitehill’s business continued to grow throughout the year, with major wins in the insurance vertical. More than forty insurers signed on to become new customers or migrate their existing document automation systems to newer Whitehill products.
“Industrial Alliance selected Whitehill Technologies over other solutions based on their ability to cater to our very specific requirements,” said Guy Daneau, VP, Information Systems, Industrial Alliance. “We are confident that Whitehill provides us with the best available solution set on the market, and they have proven to be an excellent vendor in terms of customer service. They have really gone the extra mile to meet our needs.”
Whitehill also built on its strong track record in the legal vertical with the launch of its comprehensive integration offering, Whitehill BPI for Legal. Designed specifically with law firms in mind, BPI for Legal unites workflow and data integration capabilities in a single solution that helps law firms automate key processes, such as new hires and new business intake.
New product releases
With the addition of InSystems’ product lines came a deepening of Whitehill’s solutions portfolio, reinforced by new product launches throughout the year. In addition to Whitehill BPI for Legal, the company released Whitehill Enterprise 5.6, the leading document composition solution for law firms; and Whitehill (xml) Transport 3.2, document composition and transformation software for high-volume environments.
Whitehill also released Tracker 6.4, a compliance solution that helps insurance companies bring products to market faster and more efficiently by accelerating product development and regulatory filing business processes. Tracker streamlines the end-to-end filing process from research, preparation and assembly to easier delivery via a unique direct integration with SERFF, the NAIC’s System for Electronic Rate and Form Filing.
Other new releases in 2006 included IStream Publisher 3.2 and IStream Communicator 2.2. Insurers from across the Property & Casualty, Life & Annuities, and Health sectors are all leveraging the IStream document automation suite to quickly and easily produce new policy documents, agent and channel communications, and personalized customer correspondence.
Major awards and accolades
2006 was also a record-breaking year in terms of industry recognition, with Whitehill receiving major awards for customer service, revenue growth, and management performance. President & CEO Paul McSpurren was named one of the Top 50 CEOs in Atlantic Canada by Atlantic Business—the third time he has received this honor. The company also received a special Innovation Award from Progress for its ongoing achievements.
Whitehill also moved up the Branham Group’s annual Branham 300, a ranking of the largest software companies in Canada. Whitehill is now among the top five privately owned software vendors in the country.
The year was capped off by a win at the prestigious Microsoft Partner Program IMPACT Awards. Selected from among hundreds of Microsoft Partners, Whitehill received the 2006 award for outstanding Customer Experience, for its work on an electronic reporting project with Blank Rome LLP, a law firm based in Philadelphia.
The company was also awarded Gold Certified Partner status, the highest level in the Microsoft Partner Program. Gold Certified Partners have achieved the highest level of competence and expertise with Microsoft technologies, and have the closest working relationship with Microsoft.
Looking ahead
In 2007, Whitehill plans to announce further new partnerships, continue to refine and extend its software to meet customer needs, and maintain its laser-like focus on customer satisfaction, innovation and business performance.
“Whitehill is in the enviable position of being the major player among document and compliance automation vendors worldwide,” McSpurren concluded. “We will not rest on our laurels. We will continue to work hard, and make 2007 even more successful than the past year has been.”
About Whitehill Technologies, Inc.
Whitehill Technologies, Inc. develops and implements document and compliance automation solutions that help customers accelerate key business processes. More than 1,000 customers in 45 countries have used Whitehill software, including half the largest 100 insurers in North America and two thirds of the largest 250 law firms in the world. Headquartered in Moncton, New Brunswick, Canada, Whitehill is a privately held company with more than 200 employees in Canada, the United States and the UK. For more information, please call 1-888-944-8344 or visit www.whitehilltech.com.
For further information, or to arrange for interviews, please contact:
Lynne Reid
Media Relations Specialist
Whitehill Technologies
888-944-8344 x521
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