LONG BEACH, CA (Laserfiche) June 10, 2009—Laserfiche® today released its new software solution Laserfiche Avante™, which makes business process management (BPM) technology available to registered investment advisors (RIAs) and independent broker/dealers at an attractive price point.

“Geared for small- to mid-sized firms, BPM has long been considered a luxury,” said Laserfiche Senior Vice President of Business Development Chris Wacker. “But as Wall Street undergoes change, demand for independent investment advice has increased, and firms are finding BPM an essential element for business success.”

Combining key aspects of an end-to-end document management system with critical workflow automation tools, Laserfiche Avante streamlines advisors’ back offices, simplifies their operations, and allows them to scale their business on existing infrastructure. Laserfiche Avante’s named user licenses include document management, Workflow™, Snapshot™ and e-mail functionality, all for $500 per license. Servers are sold individually and support industry-standard Microsoft® and Oracle® database platforms.

“Our firm has been earnestly searching for a cost-effective provider of an efficient, ‘all-in-one’ solution to our administrative workflow,” said Joe Salpietro of Xpyria Investment Advisors, an RIA firm based in Pittsburgh, PA. “We were surprised and delighted to find how powerful and inexpensive the Laserfiche Avante system is.”

Like all Laserfiche products, Laserfiche Avante is built on Microsoft technology so it closely integrates with Microsoft platforms. Interoperability with Microsoft Office applications, such as Word, Excel and SharePoint, and sophisticated capture tools assist advisory firms in seamless document integration and unification.

More than 150 pre-release copies of Laserfiche Avante have already been deployed. For more information about Laserfiche Avante please visit the Laserfiche Avante Website.

About Laserfiche
Laserfiche® (www.laserfiche.com) creates simple and elegant document management solutions that help organizations run smarter. Since 1987, more than 27,000 organizations—including numerous investment advisors, financial advisors and broker-dealers—have used Laserfiche solutions to streamline processes for managing documents, records and workflow. By digitizing paper archives, Laserfiche enables financial services professionals to find what they need in seconds, quickly prepare for audits and make better-informed decisions. Secure Web access allows firms to share information with remote offices, business partners and clients, while comprehensive security options ensure compliance with government- and industry-mandated standards.