As announced at the annual NARCA conference, two of the ARM industry’s leading software developers are joining forces. Commercial Legal Software (CLS) of Montville, NJ and Q-Soft of San Rafael, CA have formed a new company, VERTICAN TECHNOLOGIES. The company will provide world class software solutions and services in support of ethical recoveries.

The respective company founders, Stevan Goldman of CLS, and Kurt Sund of Q-Soft, will take active roles in Vertican Technologies, with Mr. Goldman serving as the Chief Executive Officer and Mr. Sund serving as the Chief Technology Officer.

Mr. Goldman developed the CLS software, Collection-Master, while working in his father’s New Jersey based collection law firm beginning in 1977. Continually enhanced for over 35 years, Collection-Master is used by attorneys nationwide who specialize in contingency fee practices including commercial, consumer and medical collections, subrogation, foreclosure and property management.

Mr. Sund owned and operated a collection agency in St. Louis. He later joined with the collection law firm of Kramer and Frank, P.C., and co-developed the internal system that became the precursor to Q-Soft’s flagship product, Q-Law. Today Q-Law enjoys nationwide use, including two of the country’s top five debt buyers.

From the outset of discussions, Mr. Goldman was encouraged by the similar character of the two companies. “Kurt has built a great company in Q-Soft. His dedication to customers and his overall company culture is every bit as attractive as the great software he’s developed.” Mr. Sund reflected on the technical aspects, “The opportunity to combine these two great development teams is inspiring. We will take the ‘Best of Breed’ from each existing system, along with visionary new solutions for the new challenges our customers face. I’m very excited by positive the impact we can have on our industry.”

Normal business operations at both Q-Soft and CLS, including ongoing software support and enhancements, will continue without change until the new company can assume these duties without interruption to any customers. All existing Q-Law and Collection-Master users will be eligible to upgrade to the Vertican software when it becomes available.

For additional information please contact Vertican Technologies at info@vertican.com or visit us at www.vertican.com. Q-soft can be found at: www.qlaw.biz.  CLS can be found at www.CollectionSoftware.com.


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