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Clearwell Systems Positioned in the “Leaders” Quadrant in First Magic Quadrant for E-Discovery Software

Evaluation Based on Completeness of Vision and Ability to Execute

MOUNTAIN VIEW, Calif. — May 18, 2011 — Clearwell Systems, Inc., a leader in intelligent e–discovery, today announced it has been positioned by Gartner, Inc. in the “Leaders” quadrant of the “Magic Quadrant for E-Discovery Software”¹. This report is Gartner’s first Magic Quadrant on the electronic discovery industry.

According to the report, “The reason e-discovery is now a pressing issue for most companies is clear: ESI [electronically stored information] in all its many forms dominates in legal proceedings because modern business is mostly conducted using electronic communications and electronic records. Regulators require this ESI to be archived for proof of compliance.”

The report also states that “[t]he trend for increased volume, velocity and variety [of ESI] shows no sign of abating. Increasing use of social media for business purposes, cloud provision of IT and the rise of ‘big data’ applications will add to the mountains of material that might be relevant to any legal or regulatory action. This will increase the challenge for enterprises as they seek to reduce the amount of data they produce to only relevant items.”

With the explosion of electronically stored data coupled with the rise in litigation, enterprises are increasingly viewing e-discovery as a core business process. To help streamline this emerging business process, the Clearwell E-Discovery Platform provides a single, end-to-end solution for legal hold, identification, collection, preservation, processing, analysis, review and production. Clearwell enables enterprises, government agencies and law firms to dramatically reduce the cost and risk of e-discovery while ensuring defensibility.

“We believe that being positioned by Gartner in the Leaders quadrant is a confirmation of Clearwell’s ongoing commitment to meet our customers’ e-discovery needs through continuous product innovation and unparalleled customer service,” said Kamal Shah, vice president of products and marketing at Clearwell Systems. “Key to the Clearwell E-Discovery Platform is our superior functionality and unmatched ease of use, so that when customers perform a proof of concept they can immediately see the result of leveraging a highly scalable product to reduce cost, mitigate risk and ensure defensibility of the entire e-discovery process.”

To download a complimentary copy of the Gartner 2011 Magic Quadrant for E-Discovery Software, visit http://info.clearwellsystems.com/gartner-magic-quadrant.html.

To learn more about Clearwell Systems and the Clearwell E-Discovery Platform, visit http://www.clearwellsystems.com or call 1-877-CLEARWELL.

¹Gartner “Magic Quadrant for E-Discovery Software” by Debra Logan, John Bace, May 13, 2011.

About the Magic Quadrant
The Magic Quadrant is copyrighted May 13, 2011 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.

About Clearwell Systems
Clearwell Systems is transforming the way enterprises, government agencies, and law firms perform electronic discovery (e–discovery) in response to litigation, regulatory inquiries, and internal investigations. The Clearwell E–Discovery Platform streamlines end–to–end e–discovery, providing a single product for identification, collection, preservation, processing, analysis, review, and production. Leading global organizations such as AEGON, Bombardier Learjet, Clear Channel Communications, Constellation Energy, the Department of Health and Human Services, Immigration and Customs Enforcement, GameFly, Microsoft, NBC Universal, OfficeMax, Saint Barnabas Health Care System, Time Warner, Toyota and Volvo are using Clearwell to streamline legal hold notifications, automate collections, 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, The Sedona Conference, and the Text REtrieval Conference (TREC). 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