Cylex Systems provided a comprehensive document management software application, I-DOX, to both large and small companies. CyLex had taken Documentum’s (NASDAQ: DCTM) leading document management technology and developed a suite of document management applications specifically designed for delivery over the Internet. This application service provider (ASP) approach enables companies to cost-effectively utilize CyLex’s I-DOX to improve their overall operational efficiency and document management capabilities.
has been sold to
The undersigned acted as the exclusive financial advisor and rendered a fairness opinion to Cylex Systems for this transaction.