Navigation Links
Firmex Announces Virtual Data Room Enhancements for Large Projects

Firmex, the leader in branded virtual data room infrastructure, today announced significant enhancements to its technology platform to support large projects.

(PRWEB) January 21, 2010 -- Firmex, the leader in branded virtual data room infrastructure for corporate transactions, today announced significant enhancements to its technology platform.

Firmex has released a new architecture that exponentially increases the speed in which users can review large volumes of documents.

"Since we do not charge for data or documents stored, our clients have increasingly been using Firmex for very large transactions. These transactions can run 10,000 to 100,000 document folders, each containing sets of documents". While this is not common on your average M&A transaction, if you're restructuring asset-backed loan portfolios, running a multi-billion deal, sharing clinical study findings, or reviewing litigation documents, sharing large volumes of documents is not uncommon" says Randy Rosenberg, Firmex CTO.

With this highly efficient technology Firmex can accommodate our increasing roster of large projects.

"Our policy of unlimited use and cost certainty for our clients forces us to develop high-speed and efficient technology. The combination of drag & drop functionality and the ability to move thousands of documents rapidly to and from the data room and the speed enhancements for large transactions saves our clients considerable time and money when managing transactions. They are all aligned with our focus on speed and ease-of-use as key development objectives" says Rosenberg.

Related Articles & Links:

> Attorneys Find New Ways to Share Case Files Online

> Five Reasons Why Life Science Firms are Adopting Firmex

> See a Firmex Demo Today

About Firmex

Firmex™ is a secure, collaborative, and branded virtual data rooms environment for conducting due diligence, reviewing transaction drafts, closing deals and providing document libraries online. Firmex is licensed to organizations that seek to enhance and streamline their transactional and document exchange processes.

Since 2006 Firmex has been licensing online virtual data rooms for corporate transactions, governance and compliance matters. Firmex focus on delivering highly secure, reliable, fast and intuitive technology with top tier 24/7 client support.

Firmex has experienced exponential growth in each calendar year since inception. Firmex has over 50,000 users participating in over 2,500 mission critical deals in 2009 alone.

Firmex Customers:

Our key client segments are Investment banking, Legal, Private equity, Life Sciences, Real-Estate and Resources. Clients are primarily located in the US, Canada and Europe, and range from boutique organizations to global investment banks, law firms and fortune 500 companies.

Firmex Solutions

Firmex is primarily used as a Virtual Data Room for conducting due diligence in M&A, corporate finance and licensing deals. Increasingly, Firmex is being used as a document repository in litigation. Law firms also use Firmex for client extranets to access or review key documents and to collaborate with clients online. Corporations use Firmex for collaboration and reviewing key documents for financing transactions and financial audits. Firmex’s document versioning and execution features allow it to also serve as a “deal room” for transaction closings.

Key Value for our Clients:

  • Clients can distribute and review documents rapidly
  • Critical information is secure and protected
  • Access is instant, global and convenient
  • There is no limit to number of data rooms or guests
  • The system is fast and robust and cost effective

For More Information:

Joel Lessem
Firmex Inc.

North America: +1 (888) 688-4042 or +1 (416) 840-4241
Europe: +44(0) 20 3371 8476
International: +1 (416) 840-4241


Read the full story at

Source: PRWeb
Copyright©2010 Vocus, Inc.
All rights reserved  

Related biology technology :

1. Life Science Firms are Turning to Firmex to do Deals Online
2. UMass Boston's Venture Development Center Announces New Bio-Science Partner
3. Healthcare Data Solutions Announces New Mobile Application, PrescriberPRO Mobile
4. InterMune Announces Proposed Public Offering of Common Stock
5. Sinobiopharma Announces Second Quarter 2010 Financial Results
6. YM BioSciences announces result of Cytopia shareholder vote
7. NOVAVAX Announces Positive Preclinical Results for its Respiratory Syncytial Virus (RSV) Vaccine Candidate
8. Genedata at HCA Announces Banner Year for Genedata Screener at Leading Pharmaceutical Companies
9. The International Food Protection Training Institute (IFPTI) Announces 2010 Course Schedule
10. OpenQ Announces openSpend for Physician Payment Sunshine Act Compliance
11. D-Pharm (TASE: DPRM) Announces Enrollment of First Patient in DP-b99 Phase III Efficacy Study, MACSI
Post Your Comments:
Related Image:
Firmex Announces Virtual Data Room Enhancements for Large Projects
(Date:11/24/2015)... (PRWEB) , ... November 24, 2015 , ... ... maintain healthy metabolism. But unless it is bound to proteins, copper is also ... Health (NIH), researchers at Worcester Polytechnic Institute (WPI) will conduct a systematic study ...
(Date:11/24/2015)... , November 24, 2015 ... market research report "Oligonucleotide Synthesis Market by Product & ... Gene Synthesis, Diagnostic, DNA, RNAi), End-User (Research, Pharmaceutical & ... by MarketsandMarkets, the market is expected to reach USD ... 2015, at a CAGR of 10.1% during the forecast ...
(Date:11/24/2015)... York , November 24, 2015 ... a recent market research report released by Transparency Market ... to expand at a CAGR of 17.5% during the ... Prenatal Testing Market - Global Industry Analysis, Size, Volume, ... the global non-invasive prenatal testing market to reach a ...
(Date:11/24/2015)... ... November 24, 2015 , ... ... environment are paramount. Insertion points for in-line sensors can represent a weak spot ... InTrac 781/784 series of retractable sensor housings , which are designed to ...
Breaking Biology Technology:
(Date:10/29/2015)... 29, 2015  Connected health pioneer, Joseph C. ... of technology-enabled health and wellness, and the business opportunities ... The Internet of Healthy Things . Long ... even existed, Dr. Kvedar, vice president, Connected Health, Partners ... delivery, moving care from the hospital or doctor,s office ...
(Date:10/27/2015)... JOSE, Calif. , Oct. 27, 2015 Synaptics ... interface solutions, today announced that Google has adopted the ... of touch controller solutions to power its newest flagship ... 6P by Huawei. --> ... partners like Google to provide strategic collaboration in the ...
(Date:10/23/2015)... BERLIN and GOLETA, California ... the HFES conference, BIOPAC and SensoMotoric Instruments (SMI) announce ... and eye tracking data captured during interactive real-world tasks ... plug and play integration of their established wearable solutions ... researchers to synchronize gaze behavior captured with SMI ...
Breaking Biology News(10 mins):