Seal Software Expands Executive Team with Legal Domain Expertise

Lloyd Alexander and Christina Wojcik Bring Additional Subject Matter Expertise to Seal Software's Contract Management Team

SAN FRANCISCO, May 12, 2014 /CNW/ - Seal Software, the leading provider of Contract Discovery and Contract Analytics solutions, today announced the appointment of two new vice presidents: Lloyd Alexander as Vice President of Contract Strategy, and Christina Wojcik as Vice President of Legal and Contracts.

"For Seal to maintain its leadership position in the growing contract discovery and analytics market we require a strong management team capable of keeping us one step ahead of the increasingly complex contracting environment facing global business today," said Ulf Zetterberg, founder and chief executive officer, Seal Software. "The addition of Lloyd Alexander and Christina Wojcik adds significant depth and experience to Seal's ability to continue to meet our customers' needs around the world and to expand the scope and capability of the Seal platform."

Alexander is a recognized leader with 20 years of experience in the contract management space. In his new position, he will help Seal customers accelerate their contract management initiatives by advising on best practices throughout the various stages of contract management – from locating thousands of current contracts and contractual obligations with Seal Contract Discovery, to advanced analytics and ad-hoc clause extraction creation with Seal Contract Analytics. In addition, Alexander will work with Seal customers to focus on helping organizations effectively manage the risk, governance and compliance of their overall contract portfolios. Prior to joining Seal, Alexander was Practice Executive for Enterprise Contract Management with IBM, and served as a Strategic Solutions Director with Emptoris, a leading developer of contract lifecycle management software acquired by IBM. Alexander holds a Master of Public Administration degree from Syracuse University and a Bachelor of Arts degree from Williams College.

"Companies today require powerful, easy-to-use solutions to locate hundreds of thousands of contracts across multiple repositories, and quickly analyze the valuable phrases, clauses, and clause combinations within them," said Alexander. "Seal is uniquely positioned to become the de facto standard for enterprise-class contract discovery and analytics, and I am looking forward to helping drive the integration of Seal's solutions into a wide range of business management processes, enabling companies to gain visibility and control over existing contractual risk exposure."

As a thought leader in legal services solutions for contracts, Wojcik will help Seal customers solve complex contractual problems to gain visibility into past, present and future contractual risk, achieve significant cost savings, and streamline the contract review process. Seal customers will benefit from Wojcik's experience as a contract process and management innovator, to proactively analyze risk and drive revenue opportunities. Prior to joining Seal, Wojcik was Practice Executive in Contract Management at IBM where she worked with Fortune 500 legal departments to implement leading technology solutions. Wojcik's unique career experience also spans legal service management positions at Pangea3, a Thomson Reuters business, the Corporate Executive Board (CEB) and Kelly Law Registry. Wojcik received her Juris Doctorate from Syracuse University School of Law and earned a Bachelor of Arts degree from the State University of New York at Brockport.

"Managing contracts is a substantial undertaking, requiring powerful software tools, as well as the review infrastructure to manage the process effectively," said Wojcik. "Organizations are striving to gain visibility and access to their contractual data to react to regulatory and market events, and to leverage data, predictive and in the near future, cognitive analytics. I am particularly excited about Seal Software's potential to revolutionize legal professional's ability to drive the business by making informed decisions based on risk analysis."

Alexander and Wojcik are frequent speakers at industry events, bloggers and contributors to best in class publications.

About Seal Software

Seal Software's Contract Discovery and Analytics platform helps companies maximize revenue opportunities and reduce expenses and costs associated with contracts, and contract management systems and processes.

Seal Contract Discovery locates contractual documents within minutes wherever they reside within an organization and is rapidly deployable; extracting key contractual terms and clauses, rendering them for easy review, and populating corporate repositories, including Customer Relationship Management (CRM), Contract Lifecycle Management (CLM), and Enterprise Resource Planning (ERP).

Seal Contract Analytics empowers clients to analyze contracts by discovering specific language and clause combinations that are most relevant to your business.

For further information, visit the Seal Software website: www.seal-software.com.

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SOURCE: Seal Software

Becki Gervin, Walt & Company, 408.369.7200 x 1070, [email protected]

http://www.seal-software.com

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