2004 marked the most successful year in Practice Technologies, Inc. five year history, with a number of major national law firms adopting the Company’s solutions. Practice Technologies also closed a substantial round of institutional investment, positioning the Company to continue its aggressive development efforts and expand its sales and marketing activities on a national level.

“As former lawyers, we felt we had a clear picture of the problems confronting our customers, and how technology products could address them” said Rudolph DeFelice, the Company's President and Chief Executive Officer. “We’re gratified that we’ve struck a chord with the profession. It’s very pleasing to see some of the most prestigious firms in the country adopting our products. We’ve gone head to head with the largest legal research providers in the country on a number of occasions. When attorneys see our solution in action, they quickly understand how our concept of work product retrieval can benefit them in their day-to-day practice. Our focus on this very specialized technology is being recognized.”

The recognition Practice Technologies is receiving was underscored recently when DeFelice was asked to present the firm’s work product retrieval concepts at New York Legal Tech, the legal profession’s most significant technology trade show.

Firms that are in the process of implementing Practice Technologies’ RealPractice™ work product retrieval solution include Alschuler Grossman Stein & Kahan and Paul, Hastings, Janofsky & Walker; Gibson Dunn, Hunton & Williams and O’Melveny & Myers are among the premier firms in the pilot stage. Firms that have adopted SmartRules™ procedural and court rules compliance system include Allen Matkins, Irell & Manella, Kirkland & Ellis and Thelen Reid. Practice Technologies’ solutions have been in use at Latham & Watkins, Seyfarth Shaw, Littler Mendelson, Buchalter Nemer Fields & Younger and Quinn Emanuel, among other firms.