TORONTO, Dec. 30, 2020 /CNW/ - Dye & Durham
Limited ("Dye & Durham" or the "Company") (TSX:
DND), a leading provider of cloud-based software and technology
solutions designed to improve efficiency and increase productivity
for legal and business professionals, today announced it agreed to
acquire a majority stake in Courthouse Solutions Inc. ("CHS")
to accelerate the adoption of its end-to-end court records and case
management solutions.
CHS is an Ontario-based
start-up technology company with proprietary software that helps
modernize the workflow of Canadian courts through the automation
and digitization of manual tasks like filings, cross-referencing
cases, scheduling, and in-person attendance.
Dye & Durham acquired a majority stake of the outstanding
shares in CHS and will help accelerate the adoption of its
cloud-based software Dockets within Canadian courts. Going forward,
CHS will continue to operate as a stand-alone business.
"This acquisition is consistent with our mandate to remain at
the forefront of the rapid digitalization of the industries we
serve," said Matt Proud, Chief
Executive Officer of Dye & Durham. "We are looking forward to
working with CHS's founders, Jeff
Lanctot and Tim Kennaley, to
further expedite the development and commercialization of CHS's
Dockets software platform, which we believe has the potential to
significantly increase the efficiency of courts across Canada."
Dockets is a configurable, proven cloud-based software solution
that will enable lawyers, court staff, and judges among others, to
efficiently file and track all court documents electronically. With
a focus around seamless communication, video conferencing, and
court reporting, the solution is designed around a customizable
scheduling and calendaring systems which automatically creates
daily Court lists (dockets) and tracks cases from beginning to end.
Built to meet the needs of various levels of Courts in Canada, the system delivers a user-friendly
end-to-end electronic court records and case management
solution.
Additional Information can be found at www.dockets.ca
About Dye & Durham
Dye & Durham Limited is a leading provider of cloud-based
software and technology solutions designed to improve efficiency
and increase productivity for legal and business professionals. Dye
& Durham provides critical information services and workflows,
which clients use to manage their process, information and
regulatory requirements. The Company has operations in Canada, the United
Kingdom, Ireland and
Australia, and has a strong
blue-chip customer base that includes law firms, financial service
institutions, and government organizations.
Additional information can be found at www.dyedurham.com
Forward-looking Statements
This press release may contain forward-looking
information within the meaning of applicable securities
laws, which reflects the Company's current expectations
regarding future events. Forward-looking information is based on a
number of assumptions and is subject to a number of risks and
uncertainties, many of which are beyond the Company's control,
which could cause actual results and events to differ materially
from those that are disclosed in or implied by such forward-looking
information. Such risks and uncertainties include, but are not
limited to, the factors discussed under "Risk Factors" in
the prospectus supplement of the Company dated November 18, 2020 to the short-form base shelf
prospectus of the Company dated November 18,
2020. Dye & Durham does not undertake any obligation to
update such forward-looking information, whether as a result of new
information, future events or otherwise, except as expressly
required by applicable law.
SOURCE Dye & Durham