Ecteon Announces Major New Release of Contraxx®

BRENTWOOD, Tenn., Oct. 16 – Ecteon Inc., the premier contract management solution provider, today announced the release of Contraxx® 7.0, the latest update of Ecteon’s suite of end-to-end, web-enabled contract management software. The release further strengthens Ecteon’s position as the market leader in software solutions that streamline contract management at every stage of the contract lifecycle.

The new features and enhancements incorporated into Contraxx 7.0 are largely the result of Ecteon’s close relationship with its customers. The latest release of Contraxx includes all of the contract creation, workflow, tracking, and reporting tools that have made Contraxx the most flexible and powerful enterprise contract management solution on the market. Contraxx 7.0 also offers support for the newest editions of Windows, Office, Oracle and SQL Server, as well as improved form design and workflow capabilities.

“Our customers look to Contraxx to help them increase business efficiency, gain control of the contract life cycle, remain in compliance with contractual terms, and increase visibility into the underlying assets, liabilities and opportunities,” explains Lonnie Blackwood, President of Ecteon. “Our high level of customer satisfaction is driven by an incredibly flexible architecture, which allows each customer to model a unique solution to their contract management requirements, and we strive for continuous software improvements to meet their evolving needs.”

Contraxx 7.0 is available immediately to both new and existing Contraxx customers. About Ecteon, Inc. Ecteon is the developer of Contraxx, the premier enterprise contract management software solution. Since 1986, contract management professionals have looked to Ecteon as a means of reducing risk and increasing profitability.

By focusing on flexibility, functionality and usability, Ecteon helps contract managers get their solutions online more quickly and to keep pace as their contract management needs grow and change. Ecteon customers include Global 2000 organizations and leaders in a wide variety of industries. For more information about Ecteon’s contract management solutions visit www.ecteon.com.