Opening Session: Jerry Kline (the big cheese)

Jerry Kline, CEO of III spoke about how III has been focusing on R&D rather than mergers and corporate takeovers, as a lot of the other ILS vendors seem to have been doing. Also mentioned Encore V. 2 is coming out in the next few weeks...constant R&D, and not waiting until things are *perfect* to release them...two steps forward, one step back mentality. Also noted a high percentage of III staff / management have MLIS.