General Counsel Solutions Partners with Mumboe for Contract Management

Alliance Pairs Legal Services Firm with On-Demand Software Provider

AUSTIN, Texas and NEW YORK CITY, NY – July 15, 2009 – General Counsel Solutions, (GCS), a leading provider of corporate legal services, and Mumboe^®, a leader in on-demand contract management, today announced a partnership aimed at helping companies reduce contract costs and improve business accountability. The alliance will pair GCS’s corporate legal services with Mumboe’s on-demand software application, providing customers with a complete solution for their contract management needs.

In its dealings with clients, GCS discovered that key contract details, such as automatic renewals, expiration dates, rebate windows and termination clauses, were often catching companies by surprise. GCS clients wanted software with automatic email notifications and reporting capabilities. At the same time, Mumboe was fielding requests from its customers for services to help them identify and develop opportunities for better contract management. The companies decided to join forces to offer businesses a complete solution.

“Mumboe includes some of the most advanced contract management features on the market, yet their on-demand pricing makes it very affordable for any business,” said Gregg Schor, General Counsel Solutions' CEO. “We were also very impressed with Mumboe’s simplicity and ease of use. We think our clients will love it.”

Bill Kane, Mumboe CEO, said that the partnership will help Mumboe's customers get more out of the company's application. “Many of our customers are small and growing businesses, as well as corporate departments, that do not have the resources available to plan and manage their contract management initiatives. GCS has the experience and expertise to help our customers realize the benefits of good contract management in a way that's cost-effective for their business.”

Pricing and Availability

Starting today, Mumboe will offer GCS clients a free 90-day trial of Mumboe Pro, the company's on-demand contract management application. The free trial gives GCS clients access to the full version of the Mumboe application, which includes unlimited storage for agreements and unlimited users. Once the 90-day free trial ends, customers can continue using Mumboe Pro for just $24/User/Month. Read-Only Users can be added for just $6/User/Month.

In addition, GCS is offering Mumboe customers a free assessment of their legal requirements and the opportunity to try its managed legal services for 90 days at discounted rates and will waive any quarterly commitments for the first year. The offer also includes professional services to Mumboe customers that need help establishing or fine-tuning their contract management processes.

About Mumboe

Mumboe provides affordable, web-based software that helps businesses manage their contractual agreements with customers, partners and employees. With Mumboe, organizations of any size can take control of their agreements, reducing costly contract surprises and improving business accountability. The privately held company is headquartered in Austin, Texas. To follow Mumboe on Twitter go to http://twitter.com/mumboe. To find Mumboe on Facebook visit http://www.facebook.com/pages/Mumboe/72858223373. For more information and detailed pricing, visit www.mumboe.com.

About General Counsel Solutions

General Counsel Solutions provides as-needed General and Corporate Counsel services, including specialized services designed for the needs of different industry verticals, at costs comparable to those of a traditional law firm’s junior associates and without the multiple billing approach. GCS supports both general counsels of companies as well as companies without the need for a full-time general counsel, and assigns clients senior-level counsel with at least 10 years of prior in-house and industry experience who hit the ground running and will be there over the long term whenever needed. Not all matters require a law firm; many are best handled by an attorney with the in-house perspective and knowledge of a company’s history and culture. With GCS helping clients to manage their legal requirements, our clients can focus on their core business and leave the legal business to us. GCS is headquartered in New York City and provides coverage to private and publicly-traded companies throughout the United States and internationally. For more information, please visit: www.GeneralCounsels.com.

Mumboe Contact:
Phillip Beane
pbeane@mumboe.com
512.637.3544

GCS Contact:
Kim Coughlin
kcoughlin@generalcounsels.com
703.927.2777