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Premier Global Services Firm Deploys Clearwell for Forensics Investigations

Alvarez & Marsal Reduces Time Spent on Email Investigations by 78 Percent and Saves Hundreds of Thousands of Dollars for their Clients Using Clearwell

SANTA CLARA, Calif.—September 20, 2006—Clearwell Systems, Inc., a pioneer in Email Intelligence, today announced that Alvarez & Marsal, LLC, a global provider of management and advisory services to companies in crisis, has deployed the Clearwell Email Intelligence Platform™ to perform critical email analysis within its Dispute Analysis and Forensics Services, LLC group (DA&F) – delivering a 78 percent reduction in time spent on email investigations.  Formed in 2001, DA&F is a specialized group within A&M focused on assisting major law firms and corporate counsels in complex technology investigations and electronic document review. 

"Clearwell gave us the solution we needed to streamline a manual, iterative process that was eating up resources and costing us money and time," said John F. deCraen, forensic investigator and lab manager.  "By automating the way we conduct our email investigations, Clearwell reduced time spent on email analysis by 78 percent and is saving our clients hundreds of thousands of dollars annually, not to mention the key findings we’re now able to share with our clients within mere hours of loading their data."

Time and again, email is used as key evidence in absolving or incriminating parties in high-stakes issues, ranging from litigation and regulatory inquiries to internal investigations.  Each year, DA&F conducts hundreds of investigations, with email deemed pertinent in 70 percent of all cases.  As the volume, complexity and frequency of these inquiries escalates, the need for quick and accurate email analytics continues to be a top priority. 

"Alvarez and Marsal is a role model for service providers that offer E-Discovery services to law firms and enterprises," said Aaref Hilaly, president and CEO of Clearwell Systems.  "Clearwell’s powerful searching and intelligent analysis delivers an undeniable competitive edge to the DA&F group, giving them the ability to provide cost-effective email analysis to their clients, shorten response times and increase customer satisfaction."

About Alvarez & Marsal
As the leading independent, privately-held global professional services firm, Alvarez & Marsal excels in problem solving and value creation. With professionals based in locations across the U.S., Europe, Asia and Latin America, the firm brings a bias toward executing positive change with a distinctive hands-on approach to delivering results for clients, management and stakeholders.  Founded in 1983, Alvarez & Marsal offers a range of specialized professional services including: Turnaround and Restructuring Advisory, Crisis and Interim Management, Performance Improvement, Transaction Advisory, Creditor Advisory Services, Corporate Finance, Tax Advisory, Business Consulting, Real Estate Advisory and Dispute Analysis and Forensics. For more information, visit www.alvarezandmarsal.com.   

About Clearwell Systems
Clearwell Systems is transforming the way enterprises discover, organize and analyze the information captured in corporate email systems. By automating the email review and analysis process, Clearwell enables business and IT executives to reduce the cost, time and risk of email analysis for legal requests, regulatory inquiries and corporate investigations. Large energy companies, major financial institutions, leading high-technology and manufacturing companies, governmental agencies and E-Discovery service providers have realized immediate and significant value within days of their production deployments. For more information, visit www.clearwellsystems.com.