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Wolters Kluwer North America Acquires Document Technologies, Inc.
Securities Software, Filing Services Company Will Become a Part
of CCH INCORPORATED
(CHICAGO, July 23, 2001) Wolters Kluwer North America said today that
it has acquired Document Technologies, Inc., New York City, a provider of document filing
software, training and services for securities compliance. Commonly known as dTech (www.dtechdirect.com), the technology
company will become part of CCH INCORPORATED (www.cch.com),
Riverwoods, Ill., leading provider of tax, securities and business law information and
software, and a Wolters Kluwer North America company. Terms of the sale were not released.
dTech is best known for its core product, EDGAR Ease®, the
market-leading software for compiling and submitting EDGAR filings to the Securities and
Exchange Commission (SEC). Approximately half of all SEC filings are accomplished through EDGAR
Ease, which is considered a pioneer in the industry. In 2000, the company enhanced EDGAR
Ease to enable users to file documents using HTML, making it the only company to offer
a complete filing solution.
Leveraging its experience as the author of EDGAR Ease and in preparing EDGAR
filings, dTech also provides comprehensive training in all aspects of preparing and
submitting EDGAR filings.
dTech will become part of CCHs Business and Finance Group (http://business.cch.com). It will further
solidify CCHs long standing position as the leading provider of comprehensive
research information services, compliance-focused desktop solutions and online tools that
guide and assist legal and business professionals in understanding, applying and complying
with securities laws and regulations in the U.S.
In addition to its noted print and electronic legal research information products, such
as the Federal Securities Law Reports, CCH offers SEC Compliance Desktop for
administering stock programs and creating Section 16 (a) filings and Written
Supervisory Procedures, customizable electronic manuals and notification services for
broker/dealers and exchange members.
Document Technologies, Inc. had 2000 revenues of approximately $4.4 million and
employs approximately 45 people. dTech was founded in 1992 to capture the market
opportunity presented by the launch of the SECs EDGAR system. Prior to this
acquisition, the company was a closely held New York corporation with offices on Wall
Street.
About Wolters Kluwer
Wolters Kluwer North America, headquartered in Chicago, is a unit of Wolters Kluwer nv,
Amsterdam. It is comprised of a number of highly respected legal, tax and business
information, software and service companies, including Aspen Publishing, Inc., New York
City/Gaithersburg, Md.; CCH Canadian, Toronto; CCH INCORPORATED, Riverwoods, Ill.; CCH
Legal Information Services, New York City; and CCH Tax Compliance, Torrance, Calif.
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