For Immediate Release

Compex Legal Services Acquires American DataMed

Torrance, California, June 2005–Compex Legal Services, Inc. (“Compex”) has completed the acquisition of American DataMed (“ADM”), a provider of document retrieval services in California and Florida. Following the acquisition, ADM will be fully integrated into Compex’s existing document retrieval business.

Commenting on the transaction, Jeffrey Bachmann, Compex’s Chief Executive Officer offered, “We are excited to welcome the professionals of ADM to the Compex Team. ADM represents a strategic opportunity to combine the best practices of the two leading companies in the industry in a manner which will offer our clients a higher level of service and an expanded range of products.”

Compex is a leading provider of outsourced litigation support services to more than 3,500 law firms and 500 insurance carriers located primarily in California and Texas. The Company, which was founded in 1972, provides document retrieval, deposition reporting and process serving services. In May 2005, Compex purchased OmniDox, LLC, a leading national provider of litigation document management solutions, including document duplication, printing, binding, conversion, imaging, coding, microfilming, evidence discovery and database and facilities management. Waud Capital Partners purchased a controlling interest in Compex in January 2004.

For further information on Compex, visit the Company’s website at www.compexlegal.com. To learn more about the transaction or Waud Capital Partners, contact Reeve B. Waud or Matthew W. Clary at (847) 604-9550 or visit the firm’s website at www.waudcapital.com.

About Waud Capital Partners, L.L.C.
Waud Capital Partners, L.L.C. is a private equity investment firm founded in 1993 with more than $400 million of capital under management. WCP partners with exceptional management teams to invest in middle market buyouts, recapitalizations, industry consolidation and growth equity investments. The firm seeks to invest $10 million to $50 million in private companies in the following four areas: business and consumer services, healthcare services, specialty distribution and value-added manufacturing businesses. Typically, the companies in which WCP invests have enterprise values between $30 million and $150 million. Since its founding, Waud Capital Partners has successfully made more than sixty investments, without a single capital loss, in a wide range of industries, including adhesives, alarm monitoring, automotive components, coatings, consumer products, lighting, litigation services, petroleum distribution, pharmaceuticals, publishing, sealants and specialty hospitals. The firm is backed by a number of institutions, including Citigroup, Middlebury College, SunAmerica, The St. Paul Travelers Companies and the University of Chicago Hospitals, among others, as well as a number of well-known families and high net worth individuals.


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