Legal Study Aids Publisher Will Become Part of Aspen Publishers | AccountingWEB

Legal Study Aids Publisher Will Become Part of Aspen Publishers

WOLTERS KLUWER NORTH AMERICA ACQUIRES CASENOTES PUBLISHING COMPANY

(CHICAGO, March 21, 2002) – Wolters Kluwer North America said today that it has acquired Casenotes Publishing Company, Inc., Santa Monica, Calif., a publisher of market-leading study aids for U.S. law students. Casenotes (casenotes.com) will become part of Aspen Publishers (aspenpublishers.com), New York, NY, a leading provider of legal, business and healthcare information, and a Wolters Kluwer North America company. Terms of the sale were not released.

Casenotes offers multiple product lines targeted to law students, but is best known for its Legal Briefs product line, which provides summaries of the cases used in law school casebooks. The Legal Briefs series includes 150 titles covering all major casebooks used in U.S. law schools.

Casenotes will become part of Aspen Publishers, further strengthening Aspen’s extensive legal education product line. Aspen offers a market-leading line of casebooks used by law schools and law students. In addition, the company produces a series of supportive legal study aids and a best-selling legal citation manual, all of which will be complemented by the Casenotes product line.

Casenotes had 2001 fiscal year revenues of approximately $1.2 million. Casenotes was founded in the early 1970’s and was a privately held company.

About Wolters Kluwer

Wolters Kluwer North America, headquartered in Chicago, is a unit of Wolters Kluwer nv, Amsterdam. It is comprised of a number of highly respected legal, tax and business information, software and service companies, including Aspen Publishers, Inc., New York City; CCH Canadian, Toronto; CCH INCORPORATED, Riverwoods, Ill.; CCH Legal Information Services, New York City; and CCH Tax Compliance, Torrance, Calif.

Wolters Kluwer nv (www.wolterskluwer.com) is a multinational information services company with annual sales of more than EUR 3 billion, employing approximately 19,000 people in Europe, North America and Asia Pacific. The company's core activities are Legal, Tax & Business, Health & Science and Education. Wolters Kluwer shares are quoted on the Euronext Amsterdam.

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