SANTA CLARA, Calif.—August 6, 2007—Clearwell Systems, Inc., a pioneer in Intelligent E-Discovery, today announced that several customers including Alexandra Investment Management have streamlined e-discovery with an integrated solution from Symantec and Clearwell. When used together, Symantec Enterprise Vault and the Enterprise Vault Discovery Accelerator combined with the Clearwell Intelligence Platform® reduce the cost and duration of e-discovery by up to 80 percent.
Alexandra Investment Management is one of several forward-thinking customers to embrace the integrated solution. “The value we can achieve by seamlessly deploying both products together versus cobbling together stand-alone point products is a testament to the work Clearwell and Symantec have done to streamline the end-user experience,” said Mark Polemeni, Esq., Chief Legal Officer and Chief Compliance Officer, Alexandra Investment Management. “By combining Symantec’s messaging and file archiving, classification, preservation and production capabilities with Clearwell’s innovative analysis and review capabilities, we have successfully fulfilled a critical piece of our e-discovery strategy with a comprehensive end-to-end solution.”
Symantec Enterprise Vault e-mail and content archiving software enables organizations to reduce storage costs, protect critical records, and achieve compliance with industry and government regulations. Symantec Enterprise Vault Discovery Accelerator extends Enterprise Vault’s search functionality against the repository of record and enables organizations to place litigation holds and conduct content searches to comply with e-discovery requests. Once the data has been identified and preserved, the Clearwell Intelligence Platform processes it and enables legal teams to rapidly conduct detailed analysis and review. Together, the integrated products lower costs and maximize control of the entire e-discovery process.
“As a founding member of Symantec’s E-Discovery Partner Program, Clearwell has worked closely with us to deploy an integrated solution at several customers like Alexandra Investment Management,” said Scott Whitney, director of product management, Enterprise Vault, Symantec. “The momentum we are seeing among customers is a strong endorsement of the deep cost savings and efficiency we enable our joint customers to achieve when the products are deployed as a single unified solution.”
Symantec and Clearwell –Evaluated by Industry Analysts
Independent reports from leading industry analysts include strong positioning for both Symantec and Clearwell in their respective technology categories. In Gartner’s 2007 Magic Quadrant for E-mail Active-Archiving, the Symantec Enterprise Vault product was positioned in the Leaders Quadrant of the report1. Similarly, this month Clearwell was ranked by corporate end users as a top ‘E-Discovery Software Provider’ in the prestigious and influential Socha-Gelbmann 2007 E-Discovery Survey.
“E-discovery is a multi-step process, and customers are tired and frustrated with the cost and time associated with re-processing data across multiple stand-alone products throughout their e-discovery process,” said Kamal Shah, VP of product management at Clearwell Systems. “We have and will continue to provide an integrated Symantec-Clearwell solution that avoids manual data uploads and eliminates chain of custody issues, thereby reducing the cost, duration, and risk of e-discovery.”
Clearwell Systems, a pioneer in Intelligent E-Discovery, is transforming the way enterprises conduct e-discovery in response to litigation, regulatory inquiries, and corporate investigations. By automating the analysis and review of electronically stored information, Clearwell enables enterprises to reduce the cost, duration, and risk of e-discovery. Leading corporations, government agencies, and legal service providers have reduced e-discovery costs by as much as 80 percent within days of their deployments. For more information, visit www.clearwellsystems.com, or learn about E-Discovery 2.0 at clearwellsystems.blogspot.com.
1. Gartner, Inc., Magic Quadrant for E-Mail Active Archiving, 2007; by Carolyn DiCenzo, Kenneth Chin; May 16, 2007.
The Magic Quadrant is copyrighted May 16, 2007, by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner’s analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the “Leaders” quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.