Cambridge, MA –The Institute for Time Capture (TCI) opened its virtual doors to promote the automation of time capture in legal and professional service organizations. Time capture is the critical problem for attorneys and professionals who bill by the hour. In contrast to time entry, time capture is the recording of activities in real time so that they can be submitted to accounting.

The mission of the institute is to let the community know that technology can help automate this process. Instead of relying on imperfect memory and trying to enter time on a timesheet, automatic time capture fills out the timesheet for the attorney, minimizing work when it is time to submit to accounting.

Element55, creator of automatic time capture software Legal55, and Airtime Management, makers of AIRTIME For Professionals (A4P®) software, are proud to serve as the founding sponsors of this organization. Said Element55 CEO Ray Deck, “the Institute’s educational mission dovetails with our own of evangelizing automatic time capture, and the Institute can do this in a non-partisan way, focused on the needs of the community instead of the agenda of one particular vendor.”

“What’s interesting are the differences as well as the similarities in our approach to the same business problem, namely the automated capture of billable time and expenses otherwise lost,” said Kirk Fackre, AIRTIME’s VP of Strategic Alliances. TCI provides a forum for billable professionals to explore how technology can streamline time capture while driving up personal and corporate income.”

Founding sponsor Element55, a division of eGlean, Inc, is headquartered in Cambridge, Massachusetts. Founded in 2000, Element55 is a rapidly-growing developer of automatic time capture solutions. Legal55 is Element55’s flagship product, offering reliable and accurate automatic time capture. As of January 2006, the software has evolved to version 5.4, capturing time from dozens of applications, phone systems, and knowledge management systems, and routing time entries to major accounting systems, including CMS by Aderant and Elite by Thomson West. Clients using Legal55 have reported capturing an additional six hours per attorney per month through making the automatic time capture software available to their billable timekeepers. For more information about the highly respected software offered by Element55, please call (617) 423-0692 or visit the company’s web site at http://www.element55.com.

Founding sponsor AIRTIME-Manager was formed in 2003 for the express purpose of developing and delivering innovative mobile time-capture and billing applications. Its core products allow mobile users to monitor and manage their airtime by providing timely detailed information. AIRTIME-Manager’s product portfolio includes Airtime for Professionals (A4P), Airtime for Business (A4Biz), and Airtime for Sales Management (A4Sales). For further information, contact AIRTIME-Manager sales at 877-247-4464 or visit www.airtimemgr.com.

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Contact:

• Element55 Ray Deck press@element55.com
• AirTime Manager Kirk Fackre kfackre@airtimemgr.com