Updated at 3:12 p.m., Tuesday, May 22, 2007
DiscoveryBox unveils software for electronic discovery
News Release
ORLANDO, Fla. DiscoveryBox introduced at the EMC World conference (www.emcworld2007.com/) today the beta version of its flagship software product for managing the electronic discovery process from the beginning of a legal matter until its resolution.DiscoveryBox enables organizations to take control of the costly and cumbersome discovery process for electronic documents and to meet new federal e-discovery mandates. With its unique legal hold repository, DiscoveryBox allows companies to deploy a comprehensive solution that leverages their existing document management platforms.
"Among the e-discovery solutions in the market, only DiscoveryBox provides an integrated solution that manages the process from preservation of documents through production and even re-use for subsequent cases," said Riki Fujitani, President of DiscoveryBox.
Under the new Federal Rules of Civil Procedure that took effect in December, companies have a duty to preserve electronic documents and to produce those documents in a timely fashion during the legal discovery process. These new rules present corporations with the most compelling compliance mandate since the Sarbanes-Oxley Act. Companies that fail to meet those standards risk costly court sanctions and adverse judgments.
"Companies are looking to manage the costs of electronic discovery by enforcing consistent and repeatable process workflows, and many are looking to build these litigation-readiness capabilities in house, rather than outsourcing to third parties, " said Vivian Tero, Senior Research Analyst, IDC. "Solutions like those from DiscoveryBox allow companies to build their in-house eDiscovery management capabilities by leveraging existing document management platform investments."
DiscoveryBox, the only electronic discovery product with an integrated legal hold solution, enables counsel to track the preservation, collection, production and release of electronic documents and to take advantage of Safe Harbor provisions in the rules.
"We developed DiscoveryBox because there was no product on the market with an integrated legal hold solution. Many products address a portion of the e-discovery process, but only DiscoveryBox provides a "one-stop-shop" product that allows corporations to manage all aspects of the e-discovery process in a single solution," Fujitani said.
DiscoveryBox Benefits
A highly scalable solution, DiscoveryBox minimizes disruption to day-to-day business and enables corporate counsel to track compliance with legal hold requirements for electronic documents for multiple matters and multiple employees.
Availability
DiscoveryBox is currently available to Fortune 1000 corporations who currently use the EMC Documentum enterprise content management platform. The company plans to enable DiscoveryBox to work with other content management platforms later this year.
DiscoveryBox is demonstrating its solution at EMC World, held at the Orlando Orange County Convention Center, where the company is exhibiting at booth No. 124. More information on the product can be found at www.discoverybox.net.
About DiscoveryBox
DiscoveryBox is the only enterprise electronic discovery management software product with an integrated legal hold solution. Built upon the Documentum platform, DiscoveryBox enables corporate counsel to manage all the steps of the e-discovery process - from before a legal hold is issued until after a case is resolved, reducing costs and ensuring compliance with federal rules. DiscoveryBox is the flagship product of technology incubator Hoike (Ho-ee-kay), which also provides software and IT services for clients in the legal, insurance, medical, real estate, construction and development sectors, as well as large non-profit, government and educational institutions. For more information please visit www.discoverybox.net.