OREANDA-NEWS. September 28, 2016.  Epiq Systems, Inc. (Epiq) (NASDAQ:EPIQ), a leading global provider of integrated technology and services for the legal profession, today announced that its shareholders have approved the previously announced acquisition of Epiq (through DTI) by OMERS Private Equity, the private equity arm of the OMERS pension plan, and funds managed by Harvest Partners, LP, for \\$16.50 in cash for each share of Epiqs common stock. The transaction is expected to close on or shortly after September 30, 2016.

Upon completion of the transaction, Epiq will become a privately-held company and will be combined with DTI, a leading global legal process outsourcing (LPO) company majority-owned by OMERS and managed by OMERS Private Equity.

The proposal to adopt the merger agreement received the affirmative vote of the holders of at least two-thirds of the outstanding shares of Epiqs common stock entitled to vote on the transaction.  According to the final voting results, approximately 90.67% of the outstanding shares of common stock of Epiq, as of the close of business on August 22, 2016, the record date, voted and 99.74% of such shares voted in favor of the merger agreement.

All approvals, consents or consultations required to consummate the merger under U.S. antitrust laws have been obtained or made, and accordingly, the related condition to the consummation of the merger set forth in the merger agreement has been fully satisfied. The consummation of the merger remains subject to the satisfaction or waiver of certain other closing conditions set forth in the merger agreement and discussed in detail in the Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission (SEC) by Epiq on August 24, 2016, as supplemented by the supplemental disclosures included in Epiqs Current Report on Form 8-K filed with the SEC on September 20, 2016.

About Epiq
Epiq (NASDAQ:EPIQ) is a leading global provider of integrated technology and services for the legal profession, including eDiscovery, managed services, bankruptcy, class action and mass tort administration, federal regulatory actions and data breach responses. Our innovative solutions are designed to streamline the administration of litigation, investigations, financial transactions, regulatory compliance and other legal matters. Epiqs subject-matter experts bring clarity to complexity, create efficiency through expertise and deliver confidence to our clients around the world. For more information, visit us at www.epiqsystems.com.