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  September 5, 2001
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Home > Company Index > Computer Software & Services > Corporate, Professional & Financial Software > EPIQ Systems, Inc.

EPIQ Systems, Inc.
Nasdaq: EPIQ
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 PROFILE
EPIQ Systems wants your bankruptcy to be quick and painless, and not an epic saga. The company sells software used in bankruptcy management, including legal notice and claims management, funds distribution, and government reporting. Products include the Trustee Case Management System and DCI Ch/7 for Chapter 7 liquidation filings, and CasePower for Chapter 13 individual debt reorganizations. EPIQ caters to bankruptcy trustees as opposed to debtors and creditors. In conjunction with its acquisition of communications software maker PHiTECH, the company -- formerly Electronic Processing -- changed its name to EPIQ Systems. Bank of America accounts for 20% of sales. Chairman and CEO Tom Olofson owns 25% of EPIQ.

 COMPETITION
J.P. Morgan Chase & Co. (JPM)
London Bridge Software Holdings plc (LNB)
Sterling Commerce, Inc. (dossier)

 DEALS
Deal: Electronic Processing Acquires PHiTECH for $6.25 Million, Renames Itself EPIQ Systems
Date Announced: 03.07.00
Value of transaction (US $Mil): 6.3
Description: Bankruptcy management software developer acquires b-to-b e-commerce infrastructure developer.

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 23.30
1-Yr. Sales Growth: 57.4%
Employees: 120
Revenue per employee: $194,166.67

 KEY PEOPLE
• Tom W. Olofson
    CEO
• Janice E. Katterhenry
    CFO

 CONTACT INFO
501 Kansas Ave.
Kansas City, KS 66105
US
Phone: 913-621-9500
Fax: 913-321-1243
Online: Web Site

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