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Technology Stocks : Xerox (XRX)

XRX 3.220

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Nov 3 4:00 PM EST

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From: JakeStraw	12/20/2010 10:32:05 AM
	of 431

Biomedical Research Group Relies on Xerox DocuShare to Store and Share Data; Expects to Save Millions finance.yahoo.com Monday December 20, 2010 PALO ALTO, Calif.--(BUSINESS WIRE)-- The Copernicus Group Independent Review Board (CGIRB) is using Xerox Corporation’s (NYSE:XRX) DocuShare® CPX Enterprise Content Management (ECM) software to share and store critical biomedical research documents for the Food and Drug Administration – and expects to save more than $2 million in doing so. CGIRB uses a secure Web-based portal with DocuShare to manage large volumes of electronic paper documents related to client studies and compliance audits. The ECM solution has saved CGIRB an estimated $160,000 annually on shipping, supplies and personnel costs, and has reduced the time to process requests from an hour to minutes. Before, CGIRB manually printed and shipped documents to multiple locations for review and filing – a timely and costly process.

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