Archive Systems Announces Acquisition of OmniRIM Solutions

Combination of services and solutions provide organizations with the next generation of records management. End Quote

We have been very successful in providing physical records management software to large enterprise customers. This acquisition enables us to accelerate our product strategies and expand into new market segments.

(1888PressRelease) November 03, 2010 - Fairfield, NJ - Archive Systems, a leading provider of document and records management solutions, today announced the acquisition of OmniRIM Solutions of Vancouver B.C., a global provider of Records Management software. The addition of OmniRIM's software and services extend Archive Systems' next generation of records management, offering a full range of solutions for organizations to manage physical and digital records from a single source.

Archive Systems is known for delivering high quality records management and storage of physical documents. ASPEN is Archive Systems' cloud-based technology platform that provides a bridge to the paperless future. With the acquisition of OmniRIM, Archive Systems empowers organizations to also manage their on-site physical records and manage digital records through close integration with Enterprise Content Management products, such as Microsoft SharePoint and EMC's Documentum.

"Records Management professionals are struggling with the ever increasing volume of records being produced and the pressure to react quickly and thoroughly to compliance and discovery requirements," said Gordon Rapkin, CEO of Archive Systems. "With the addition of OmniRIM, we deliver a complete solution, providing records managers with dramatically improved control over their information, their policies and their costs. It reinforces our commitment to change the way the world manages documents."

Organizations are now able to turn to one company to automate and streamline the management of vital business records. For documents stored both on-site and off-site, Archive Systems provides lifecycle management of records, while addressing regulatory compliance, corporate governance and access to information for legal discovery. This is a significant shift in the records management industry and enables Archive Systems to provide services to any location.

"Our companies are very aligned in terms of product strategy and vision," said Ian Gordon, CEO of OmniRIM. "We have been very successful in providing physical records management software to large enterprise customers. This acquisition enables us to accelerate our product strategies and expand into new market segments." Mr. Gordon has joined Archive Systems as a key member of the executive team.

About OmniRIM Solutions Inc.
OmniRIM Solutions Inc. is a leader in records and information management software, with products designed to reduce risk related to compliance and legal discovery. OmniRIM enables clients to manage vital records throughout their lifecycle, with consistent retention schedules, classifications and metadata for both physical and electronic records. OmniRIM improves the accessibility of information, while it provides the appropriate controls to protect important records. OmniRIM has a prestigious client list of Fortune 1000 companies. Visit us at www.OmniRIM.com

About Archive Systems, Inc.
Archive Systems delivers products and services that enable organizations to manage paper and digital documents on-site and off-site throughout their lifecycle. The company provides a bridge to a paperless future by uniting traditional records management services with cloud-based Virtual File Room technology.

Records management services range from physical records storage and secure document shredding to digital document conversion services and on-demand virtual file delivery. Archive Systems' flagship document management platform, ASPEN, automates and optimizes complex document-based processes, and manages the flow of work throughout an organization.

ASPEN Virtual File Room applications support document centric areas such as human resources, vendor management, and contract and lease management. These technologies, combined with Archive Systems' document services, capture, store, route, and archive documents online - improving efficiency and accuracy while lowering costs. Archive Systems' Records & Information Management software solutions help companies manage the increasing volumes of their records while controlling and gaining strategic value from them.

Archive Systems is changing the way the world manages documents. For more information, please visit www.archivesystems.com.

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