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Clearwell Systems Named a Top Technology Innovator Finalist VARBusiness Magazine

SANTA CLARA, Calif.—October 23, 2006—Clearwell Systems, a pioneer in Email Intelligence, has been named as a finalist for outstanding achievement in technology innovation in the Enterprise Software category for the 4th Annual VARBusiness Tech Innovators award competition.

VARBusiness magazine, which covers the business of technology integration, will honor the winners at an awards ceremony on Oct. 23, 2006, in Huntington Beach, Calif. The Clearwell Email Intelligence Platform™ was among nearly 700 entries submitted in 14 technology categories.

"These finalists represent breakthroughs that will benefit our solution-provider readers and, in turn, the users of technology," said VARBusiness Editor, Larry Walsh.

"Clearwell’s solution solves the enterprise challenge of automatically mining intelligence from corporate email repositories," said Kamal Shah, Vice President of Marketing, Clearwell Systems. "Clearwell is positioned at the forefront of the market for email analysis solutions, leveraging opportunities among enterprises, law firms and E-Discovery service providers. Recognition by VARBusiness magazine for technology innovation is important validation for both the Clearwell solution and the Email Intelligence market."

The 2006 Tech Innovator winners will be recognized in the VARBusiness December 4 issue, which will include profiles, features and in-depth explanations of the winning technologies and products.

About VARBusiness Magazine

For the past 19 years, VARBusiness’ strategic resources have been the gateway to the Solution Provider community.  VARBusiness provides strategic insight for technology integrators through industry-defining research, in-depth editorial, channel events and innovative Web services, enabling these IT professionals to make educated decisions for their businesses, partnerships and customers. VARBusiness has been the recipient of numerous industry awards for both editorial content and design.  Additional information about VARBusiness products, events and services, is available at its Web site, www.varbusiness.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.