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Brentwood, TN – December 15, 2009 - Ecteon Inc., the premier contract management solution provider, today announced the release of Contraxx Enterprise® 7.1, the latest update to Ecteon's suite of end-to-end, web-enabled contract management software.

The new features and enhancements incorporated into Contraxx Enterprise 7.1 are largely the result of Ecteon’s close relationship with its customers. The latest release of Contraxx includes all of the contract creation, workflow, tracking, and reporting tools that have made Contraxx the most flexible and powerful contract management solution on the market. Contraxx Enterprise 7.1 also offers an improved, streamlined ad-hoc query tool, more formatting options for reports, as well as an expanded set of configuration tools to extend the capabilities of the system. The release further strengthens Ecteon’s position as the market leader in software solutions that streamline contract management at every stage of the contract lifecycle.

“Our customers look to Contraxx Enterprise to help them address their contract management needs with no compromises,” explains Lonnie Blackwood, President of Ecteon. “Our high level of customer satisfaction is driven by an incredibly flexible architecture, which allows each customer to model a unique solution to their contract management requirements, and we strive for continuous software improvements to meet their evolving needs. Contraxx customers enjoy increased business efficiency, control of the contract life cycle, compliance with contractual terms, and increased visibility into underlying assets, liabilities and opportunities.”

Contraxx Enterprise 7.1 is available immediately to both new and existing customers.

About Ecteon, Inc.

Ecteon is the developer of Contraxx Enterprise and Contraxx One, the premier enterprise contract management software solutions. Since 1986, contract management professionals have looked to Ecteon as a means of reducing risk and increasing profitability. By focusing on flexibility, functionality and usability, Ecteon helps contract managers get their solutions online more quickly and to keep pace as their contract management needs grow and change. Ecteon customers include Global 2000 organizations and leaders in a wide variety of industries. For more information about Ecteon’s contract management solutions visit www.ecteon.com.

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