SANTA CLARA, Calif.—January 22, 2007—Clearwell Systems, Inc., a pioneer in Email Intelligence, today announced the Clearwell Intelligence Platform™ has been used to analyze more than 100 million emails and documents in response to E-Discovery requests, regulatory inquiries and corporate investigations. Since Clearwell’s launch last year, leading companies in financial services, energy, high technology, manufacturing, retail and consulting have deployed the software.
A selection of Clearwell’s customers includes:
The Clearwell Intelligence Platform automates the manual, costly and time consuming process of analyzing emails and documents. “Our firm first purchased the Clearwell solution to automate analysis and review for a client case involving large amounts of electronic evidence,” said Scott Oliver, partner at Pooley and Oliver, LLP. “The time and cost savings were so great that, within months, we purchased more and the product is now being used by a team of lawyers for analysis of an even larger client case. Clearwell delivers a compelling ROI for our clients, and enables us to provide better service and take on more cases.”
A study conducted by Enterprise Strategy Group found that Clearwell’s technology has delivered millions of dollars in savings to customers, reducing email and document analysis costs by more than 60 percent on average. “Our research indicates over 75 percent of electronic discovery matters require the collection, analysis, review and production of emails and related documents, resulting in significant cost and time burdens for enterprises,” said Brian Babineau, analyst for Enterprise Strategy Group. “It is no surprise that many organizations are turning to technology solutions like the Clearwell Intelligence Platform to streamline their cull-down, analysis and review processes in an effort to mitigate the out-of-control expenses that can result from ongoing discovery events.”
The Clearwell Intelligence Platform is a 2U, rack-mountable appliance that can be installed and used within 30 minutes. The product’s market leading capabilities include: discussion threads, relevance ranking, topic classification, group-to-group communication flows, advanced cull-down, “one-click” tagging and comprehensive review workflow. The product is complementary to existing email infrastructure and archiving solutions from EMC, HP, Microsoft, Symantec and ZANTAZ. Pricing for the Clearwell Intelligence Platform starts at $50,000 for 100GB of data analyzed.
“Manual analysis of data for legal requests, regulatory inquiries and corporate investigations remains one of the most costly and time consuming challenges that companies face,” said Aaref Hilaly, president and CEO of Clearwell Systems. “These costs will only increase as companies comply with the recent amendments to the Federal Rules of Civil Procedure. The momentous growth we have experienced is a clear indication that legal and forensics teams are taking direct control of the E-Discovery process and embracing products that reduce the cost, duration and risk of E-Discovery.”
Clearwell Systems is transforming the way enterprises discover, organize and analyze the information captured in email and documents. By automating the analysis, cull-down and review process, Clearwell enables business and IT executives to reduce the cost, time, and risk of email and document analysis for legal requests, regulatory inquiries and corporate investigations. Leading companies, government agencies and legal service providers have realized immediate and significant value within days of their production deployments. For more information, visit www.clearwellsystems.com.