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  The May Report

March 30, 2000

Chicago Upstart Launches the Internet Deposition Revolution with I-DEP beta v1.0

CHICAGO, Ill. -- Mar. 30, 2000 -- I-DEP, LLC today launched I-DEP beta v1.0, the world's first Internet browser-based deposition service providing live video and two-way audio. I-DEP enables lawyers to take or attend depositions as they happen from anywhere to anywhere on any laptop or desktop PC via a secure Internet connection.

I-DEP provides lawyers a level of flexibility previously unseen in the legal profession, allowing them to attend or take depositions from their kitchen table to anywhere in the world. The service provides live video, two-way audio, court reporter transcript and cutting-edge private messaging to any desktop or laptop PC. I-DEP Depositions on DemandSM automatically archives every deposition for real-time review. It is user-friendly and requires no special software or equipment.

"We are revolutionizing litigation," said Jay M. Jackson, I-DEP president. "Rather than wasting time traveling to a deposition just to ask a few questions, attorneys can see and interrogate witnesses, read the court reporter's transcript and even discreetly communicate in real-time with other participants or colleagues through the private messaging feature."

Attorneys have had to physically travel from deposition to deposition, wasting countless hours in travel time, or deal with cumbersome video-conferencing technology. With the revolutionary technology of I-DEP they can monitor, attend, and take depositions around the country without leaving their office. I-DEP is transforming the deposition process, while delivering a convenient, cost-saving solution to attorneys and their clients.

"Not every deposition is appropriate for I-DEP," said Jackson. "We are not trying to be everything to everyone. While we understand that there are many depositions in which lawyers should attend in person, I-DEP works beautifully for sit-in deps, multiple party, peripheral witness depositions and most telephone depositions."

I-DEP is partnering with national court reporting firms to deliver the service. I-DEP is court reporter friendly and will provide additional revenue streams to the firms and individual reporters. Court reporters will participate in special training sessions and earn I-DEP certification.

"Law firms of all sizes are expressing a high level of interest in our service," says Jackson. "It's only a matter of time before clients request I-DEP depositions, based on the convenience for them and the cost-savings we deliver for their clients."

Look for the release of I-DEP v1.0 in May 2000. Internet depositions… from anywhere to anywhere-. Visit www.i-dep.com, or call toll-free 1-800-498-I-DEP to learn how I-DEP can revolutionize your practice.

About I-DEP, LLC
I-DEP, LLC (www.i-dep.com) is the provider of the world's first Internet browser-based complete deposition service solution. I-DEP is Chicago-based and launched publicly at the American Bar Association TECHSHOW2000 on March 30, 2000. I-DEP is beta testing v1.0 and is working to bring v1.0 to market in May 2000. The first live beta v1.0 deposition took place on March 27, 2000 between Las Vegas and Chicago. I-DEP was founded by Jay M. Jackson and Julie J. Furer. I-DEP is in first-stage financing and privately funded. I-DEP, LLC is located at 312 North May, Suite 100, Chicago, IL 60607.

1-800-498-I-DEP. If you can surf the net, you can make your next deposition an I-DEP deposition.

NOTE: I-DEP and the I-DEP logo are trademarks of I-DEP, LLC. All trademarks are the property of their respective holders.

CONTACT: Chris Ganschow of Serafin & Associates, Inc., 312/943-1955 or 708/822-0749 or chris.ganschow@serafin.com, for I-DEP, LLC.


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