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March 17th, 2010

The Frayman Group and Smart WebParts Announce Partnership to Enhance Law Firm Risk Management Capabilities

FOR IMMEDIATE RELEASE

Contact:
The Frayman Group Public Relations
p. +1.718.648.7700
e. press@fraymangroup.com

Compliguard™ Protect Information Barriers and Ethical Walls System to Integrate with Smart Time Classic Entry and Time Capture System

New York City — (March 17, 2010) – The Frayman Group (“TFG”) (www.fraymangroup.com), a leading provider of new business intake and risk management software for law firms, today announced the formation of a partnership with Smart WebParts (www.smart-webparts.com), which provides time capture and time entry software for professional services organizations.

Smart WebParts’ flagship product, Smart Time, is a web-based, on-demand time capture and entry application that helps firms effectively collect, track and recoup billable time, thereby increasing revenue and profitability.

The companies will deliver out of the box integration between Smart Time and Compliguard Protect, Frayman Group’s game-changing ethical walls, information barriers and unusual activity monitoring application. Joint law firm customers leveraging Smart Time will have seamless integration into their centralized security access paradigm, fulfilling firm compliance requirements. Firms utilizing both systems will benefit from advanced risk management capabilities that protect against inadvertent exposure to sensitive information contained in time entry.

“Smart WebParts shares our vision of developing business software for law firms that utilizes new technology to solve real-world challenges,” said Yuri Frayman, President and CEO, The Frayman Group. “We’re looking forward to working with the Smart Web Parts team to ensure continuous alignment between practice management and risk management requirements.”

Todd Gerstein, CEO, Smart WebParts commented, “The Frayman Group is an innovative risk management vendor with the strongest, richest ethical walls application in the market. We are pleased to be partnering with Frayman Group to ensure full compliance within our applications.”

Compliguard Protect is a comprehensive information barriers, ethical walls, and unusual activity monitoring system that delivers a better way for firms to safeguard against inadvertent and

malicious breeches via automated walls set-up and real-time monitoring, maintenance and alerts. Compliguard Protect is part of The Frayman Group’s patent-pending, end-to-end risk management suite, which also includes Compliguard Flow for new business intake, Compliguard Analyze for conflicts management and Compliguard Clear for interactive conflicts resolution

About The Frayman Group

The Frayman Group, a leading provider of software and services for law firms, combines industry expertise with innovative technology to help customers automate business processes, mitigate risk, manage compliance and improve competitiveness. The Frayman Group has 19 years of experience supporting 150,000 lawyers in over 270 law firms worldwide. The company is headquartered in New York City. For more information, visit www.fraymangroup.com.

About Smart WebParts and Smart Time Smart WebParts, LLC (www.smart-webparts.com) was founded in 2009 by Steve Bronstein, owner of Front Office Team, and Todd Gerstein, founder of Legaltec. Each partner has 25+ years of experience in providing the legal industry with technical resources for accounting, practice management, and business process improvement. The company’s flagship product, Smart Time, is a web-based, on-demand time capture and entry application that helps firms effectively collect, track and recoup billable time, thereby increasing revenue and profitability. The company is based in Los Gatos, California.

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