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Fortune 100 Company Signs $3 Million Software Agreement With Clearwell Systems For In-House E-Discovery

Global Corporation Selects Clearwell for Unmatched Speed, Market-Leading Early Case Assessment Capabilities and Proven Cost Savings

MOUNTAIN VIEW, Calif. — August 24, 2010 — Clearwell Systems, Inc., a leader in intelligent e-discovery, today announced that a Fortune 100 company has selected the Clearwell E-Discovery Platform as its enterprise-wide standard for in-house e-discovery. The company will use Clearwell as the default solution for processing, early case assessment (ECA), and first-pass review for all e-discovery matters stemming from litigation, government inquiries and internal investigations. The Fortune 100 company evaluated several products on real-world matter spanning multiple terabytes of data, and chose Clearwell for its unmatched processing speed and accuracy, market-leading ECA capabilities, and unparalleled cost savings during the evaluation.

“Enterprises are increasingly making the strategic decision to bring e-discovery in-house in order to achieve significant cost savings and gain greater control over the e-discovery process. As they do so, it is critical that they have complete confidence in the product’s ability to deliver rapid and accurate results,” said Trevor Eddy, VP of worldwide sales at Clearwell Systems. “For this reason, we have long encouraged prospects to evaluate Clearwell on an actual matter and use the results to build the business case for bringing e-discovery in-house. We are pleased to help this customer implement a defensible in-house e-discovery process and achieve significant return on investment.”

The Clearwell E-Discovery Platform is an enterprise-class solution that was purpose-built for e-discovery. Clearwell’s Pre-Processing Module summarizes overall data set characteristics and enables users to interactively filter data by “NIST list” and several metadata properties, reducing downstream processing and review costs. Clearwell’s Processing and Analysis Module provides several features such as Transparent Search, discussion threads and people analytics that enable users to significantly accelerate early case assessment, defensibly eliminate irrelevant documents and false positives, and rapidly perform first-pass review. Clearwell’s Review and Production Module enables reviewers to view all related documents in context, perform one-click tagging, redact documents and apply reason codes, increasing review throughput and consistency. Responsive documents can be produced or seamlessly uploaded into litigation support databases via EDRM-compliant XML and other major load file formats. In addition, the Clearwell E-Discovery Platform automatically tracks all actions on case documents throughout the e-discovery workflow, ensuring a defensible e-discovery process.

About Clearwell Systems
Clearwell Systems is transforming the way enterprises and law firms perform electronic discovery (e-discovery) in response to litigation, regulatory inquiries, and internal investigations. The Clearwell E-Discovery Platform automates the processing, analysis, review, and production phases of e-discovery via a single, integrated product. Leading organizations such as Clear Channel Communications, Constellation Energy, DLA Piper, Johnson & Johnson, Microsoft, NBC Universal, Toyota, and the Department of Health and Human Services / Office of Inspector General are using Clearwell to accelerate early case assessments, intelligently cull-down data, increase reviewer productivity, and ensure the defensibility of their e-discovery process. Consistently ranked as a leader in independent e-discovery industry surveys and reports, Clearwell Systems is an active participant in the Electronic Discovery Reference Model (EDRM) Project and The Sedona Conference. For more information, visit www.clearwellsystems.com, follow us on Twitter at http://twitter.com/clearwell, or subscribe to the E-Discovery 2.0 blog at http://www.clearwellsystems.com/e-discovery-blog/.

@Symantec