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WORLDOX® - World Software Corporation®
By Tom Burke

June, 2002
Version 1.0

VIII. WORLDOX/World Software - The Opportunity - The Challenge

The Opportunity -

The Environment for WORLDOX is legal DMS and then DMS for all markets.

At World Software, our view of the legal market is that there are approximately 50,000 law firms in the United States. Only 6,000 have a DMS. Today, WORLDOX scales from a solo attorney office to law firms with 350 attorneys, which is the cutoff of the Top 100 law firms. So, WORLDOX is proven for 49,900 law firms. We have a market of approximately 48,000 law firms without our product. Thus, the opportunities for WORLDOX in legal are fantastic which is exactly why we are staying with legal as our primary and only focused vertical market.

We believe the DMS market is an untapped gold mine but it needs an outstanding, sustainable product to crystallize and realize the potential of this category. Up to 2002, no Document Management System has been able to realize or sustain this potential. Enter WORLDOX 2002 & WORLDOX/Web 2.

The Challenge -

WORLDOX has met every Challenge our market and larger competitors have issued.

- WEB interface - "WORLDOX/Web" - delivered 1 Q 2000
- Drag & Drop of Email - "Drop Zone" - delivered March 2000
- Wide Area Network - "Domains" - delivered July 1998
- Security - "Group Security" - delivered July 1998 / WORLDOX 8
- Scalability - there is no limit to # users; number of documents limit is 32 million
- Large Firm installations (80 with over 100 to 900 PC's)
- Indexed Text Search really "works" (unlike at some of our competitors' installations)
- SQL is not required for WORLDOX - but WORLDOX does integrate with (SQL) products such as ProLaw, Time Matters, etc.
- World Software as a company has not been sold off or acquired like SoftSolutions and PC DOCS. Therefore, its focus on the legal market will remain unchanged as its management is unchanged and our commitment is deep and long lasting. Unlike its public company competitors (iManage), privately-held World Software controls its own destiny and direction.
- A Deloitte & Touche "Fast 500" winner as one of the 500 fastest growing technology companies in the U.S. and Canada for the Year 2000.
- An "Inc. 500" (Inc. Magazine) winner for the Year 2000. The "Inc. 500" lists the fastest growing private companies in the U.S. each year.
- A Deloitte & Touche New Jersey "Fast 50" winner for the Years 2000 and 2001.
- Won Technolawyer award (5000 user online community) 5 times in a row (1998-2002).
- Won 3 Shootouts in Law Office Computing (1997, 1999, 2000)
- Exhibitors at every major legal show, unlike its competitors.
- World Software has a history of 14 years of continued growth, profit & service to the Legal Profession.
- Average pre-tax profit of 32% per year in the period 1998 to 2001 - far more profitable percentage-wise than its competitors and just about any software company anywhere.



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Go to Appendix A: Information Manager (or Knowledge Management) in Law Firms.

If you have any questions about the information presented in this paper, or would like more information, please contact World Software Corporation via electronic mail at worldox@worldox.com.


World Software Corporation
124 Prospect St.
Ridgewood, NJ USA 07450
201-444-3228
www.worldox.com