Sanrio Shares Plunge as Q1 Profit Miss Overshadows Strong Sales 
Airbus Joins Air India A320 Altitude Drop Probe 
Shein Scales Back Vietnam Operations as US Trade Rules Shift 
Goldman Sachs Sees US Stock Buybacks Outpacing Equity Issuance as AI Funding Rises 
Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants 
Anthropic Signs $9.1B AI Data Center Deal With Riot Platforms 
JPMorgan Plans More Asia-Pacific Hiring in 2027 as Corporate Banking Revenue Surges 
Hanwha Offers Up to $1.2 Billion for Austal US Business 
Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins 
Deutsche Bank Upgrades Persimmon to Buy After Strong First-Half Results 
ANZ Home Loan Applications Drop 12% After Australia Property Tax Changes 
Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors 
ASX Faces Legal Action Over Failed Blockchain CHESS Project 
Bank of America to Buy Up to 49.9% Stake in Jio Credit for $1.92 Billion 
CBA Posts Record A$10.98B Profit Despite Cautious Outlook 
US Judge Dismisses Gautam Adani Criminal Charges 
Cisco Forecasts Strong Fiscal 2027 Growth as AI Networking Demand Surges 
KANSAS CITY, Kan., Feb. 10, 2016 -- Epiq Systems, Inc. (“Epiq”) (NASDAQ:EPIQ), a leading global provider of professional services and integrated technology solutions for the legal profession, today announced its Board of Directors (the “Board”) has appointed Paul N. Gorup and Michael Suchsland as independent directors effective March 2, 2016, following Epiq’s 2015 earnings release and Form 10-K filing on March 1. Messrs. Gorup and Suchsland will replace James A. Byrnes and Charles C. Connely, IV, who will retire from their roles as directors immediately prior to Epiq’s 2016 annual shareholder meeting.
Additionally, the Board selected Douglas M. Gaston to succeed W. Bryan Satterlee as lead independent director, effective as of Epiq’s 2016 annual meeting. Mr. Satterlee was appointed lead independent director in 2014. Mr. Gaston joined the Board as an independent director in August 2014 following his retirement as regional managing director for BKD, LLP, a national accounting and advisory firm where he was a partner for nearly 25 years.
Paul N. Gorup is a co-founder and former chief of innovation of Cerner Corporation, a leading provider of health information technologies. He played a critical role in the company’s formative years and in launching Cerner’s first widely available commercial solution. In 1987, Mr. Gorup left Cerner and co-founded Broadcast Data Systems (BDS), which grew to operate one of the largest global commercial electronic monitoring systems before it was acquired by Nielsen in 1998. He returned to Cerner in 1999 and launched the company into new markets with data services and later analytics solutions for life sciences, biosurveillance technology and medical devices. He holds an M.B.A. from Dartmouth College.
Michael Suchsland brings 25 years of experience in executive and senior advisor roles for legal and information services and software companies, including Thomson Reuters where he was president of its legal business segment from 2012 to 2014. Prior to that, he was senior vice president, then president, of Thomson Reuters’ corporate/government/academic business. He is currently a principal at Joplin Consulting, a firm he founded in 2014, which serves private equity firms and companies in information, software and services. Mr. Suchsland holds an M.B.A. with distinction from Northwestern University.
“Paul and Mike bring in-depth knowledge and experience in leading large, technology-oriented organizations that will make them important contributors to our Board,” said Tom W. Olofson, chairman and chief executive officer. “Paul is a technology pioneer and innovator, as well as the co-founder of a highly successful public company. Mike brings critical expertise in legal technology and strategic direction. We look forward to benefitting from their experience and knowledge.”
Mr. Olofson continued, “Paul’s and Mike’s appointments, along with naming Doug Gaston as our Board’s lead independent director, reflect our commitment to adding new independent voices and industry specific talent to our Board and our responsiveness to shareholder input on our corporate governance practices. Since joining the Board in 2014, Doug has made significant contributions to the company, and his values and executive management experience align perfectly with this important Board position. We also appreciate Bryan Satterlee’s service as our lead independent director and his continued service on the Board.”
“Finally, we are grateful to Jim and Chuck for their outstanding service to the Board and the company. Both have provided valuable insight and experience during the company’s steady growth as a public company, and we thank them for their many contributions.”
About Epiq Systems
Epiq (NASDAQ:EPIQ) is a leading global provider of integrated technology and services for the legal profession, including electronic discovery, bankruptcy, and class action and mass tort administration. Our innovative solutions are designed to streamline the administration of litigation, investigations, financial transactions, regulatory compliance and other legal matters. Epiq’s subject-matter experts bring clarity to complexity, create efficiency through expertise and deliver confidence to our clients around the world. For more information, visit us at www.epiqsystems.com.
Investor Contacts Kelly Bailey Epiq Systems 913-621-9500 [email protected] David Collins/Chris Eddy Catalyst Global 212-924-9800 [email protected]
