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Experienced executive, Kelly, will spearhead company's continued growth.

WILTON, Conn. -- Allegient Systems, a leading software and service provider which continues to set the standard in legal expense and performance management, today announced that John F. Kelly has joined the organization as Chief Executive Officer (CEO).

A proven executive with over 20 years of experience, Mr. Kelly brings a breadth of leadership skills in senior management, sales and product development, complemented with extensive industry experience in software/ASP, insurance and legal.

"Allegient Systems has grown and matured over the years and we are proud to say that we have evolved to a well respected leader and innovator in the legal/insurance invoice processing and payment industry. With the announcement of John Kelly's appointment, we mark yet another important milestone in our continued growth and development," said Wayne Nykyforchyn, President, Allegient.

Prior to joining Allegient, Mr. Kelly was most recently Senior Vice President of Sales and Marketing with New York based CCH Legal Information Services, where he was responsible for the development and launch of several innovative workflow solutions for corporate legal departments. He has also held positions as Vice President with MECA Home Banking Software and Director of Marketing with Sony New Technologies. Early in his career, Mr. Kelly was with KPMG Consulting as a Manager in the IT Practice.

"I am pleased and excited to join the Allegient team. The company already has an impressive market presence and leadership position fueled by an outstanding team of professionals and a mature, high-value product suite. I look forward to the opportunity to contribute to the company's continued success and growth," noted John Kelly.

Charles Hanemann, Managing Partner with H.I.G. Capital, a private equity and investment capital firm, commented, "John offers Allegient the experience that will enable the company to fully leverage their already well established leadership position to maximize their market potential. We see the addition of John Kelly as CEO as another great investment in the future of the company."

About H.I.G. Capital
H.I.G. Capital LLC ("H.I.G.") is a leading private equity and venture capital investment firm with more than $2.0 billion of equity capital under management. Based in Miami, and with offices in Atlanta, Boston, and San Francisco, H.I.G. specializes in providing capital to small and medium-sized companies with attractive growth potential. H.I.G. invests in management-led buyouts and recapitalizations of profitable and well managed manufacturing or service businesses. H.I.G. also has extensive experience with financial restructurings and operational turnarounds. Since its founding, H.I.G. has completed in excess of 70 transactions. The firm currently manages a portfolio of more than 40 companies with combined revenues in excess of $5 billion.

About Allegient Systems
For more than 15 years Allegient Systems has been both the pioneer and leader in providing legal expense and performance management systems and services that maximize the potential and the profitability of professional legal service relationships between law firms and corporate law departments or claims organizations.

Allegient's web based offering delivers collaboration, efficiency and productivity to the litigation management process by using electronic invoicing, online bill review, budgeting, workflow management and a sophisticated rules engine. Allegient's Business Intelligence capabilities - using Hyperion-based query and analytics tools - allow users to access, analyze and share data for the purpose of improving litigation expense, performance and outcome.

Allegient is headquartered in Wilton, CT and has sales and support facilities in Chicago, IL and Toronto, ON.

Source: Business Wire