Updates to Products Simplify eDiscovery by Delivering a Unified Legal
Repository, Advanced Analytics and High-Performance Early Case Assessment
BOSTON, Jan 31, 2011 (BUSINESS WIRE) --
Iron
Mountain Incorporated (NYSE: IRM) today unveiled major enhancements
to two key components of its Enterprise
Discovery Suite with the delivery of Iron
Mountain Legal Discovery 10.0 and Iron
Mountain eVantage(TM) 2.0. These upgrades to the information management
company's software for cloud-based and on-premises eDiscovery solutions
provide enterprises a unified legal repository, advanced analytics for
document review and higher performance early case assessment. Combined,
these updates make the high costs of discovery more predictable for
companies and allow in-house and outside counsel to simplify their
workflow and find critical legal information faster.
The latest version of Iron Mountain Legal Discovery, a high performance
hosted review solution, now unifies documents and legal work product
from multiple investigations and lawsuits into a single repository. This
enables corporate counsel to speed review and analysis by leveraging
tags, codings, annotations and other work product from multiple matters,
saving time and money once spent repeatedly processing and reviewing
documents for individual matters. Attorneys can easily populate new
matters with documents and work product from previous matters, quickly
assigning review teams and security policies.
"A single, scalable, configurable legal repository that allows companies
and law firms to reuse attorney work product across multiple matters can
significantly improve eDiscovery efficiencies and lower costs," stated
Brian Babineau, vice president, Research and Analyst Services,
Enterprise Strategy Group. "The combination of the Iron Mountain unified
legal repository and advanced review technologies provides a strong
foundation for organizations looking to cost effectively manage complex,
global matters."
Iron Mountain Legal Discovery 10.0 delivers innovative analytics and
review capabilities that enable attorneys to intelligently manage
complex matters and complicated data sets. New text analytic
capabilities automatically locate documents and message threads
containing Social Security numbers, credit card numbers and other
patterned expressions that may be subject to data privacy mandates. In
addition, new classification technology provides high-throughput
processing of large volumes of documents into existing concept folders
for large, complex, fast-moving matters. The new release also speeds
review with real-time, metadata-based faceted search technology to slice
and dice complex document sets. Advanced persistent keyword highlighting
also allows attorneys to automatically track multiple sets of keywords
across large data sets to find relevant documents faster.
Enhancements to Iron Mountain eVantage, the company's on-premises early
case assessment solution, deliver processing speeds up to one terabyte
of data a day for rapid data culling and analysis. eVantage empowers
legal teams to eliminate non-responsive data from costly legal review,
and to analyze case facts, risks and costs with advanced analytics to
make strategic case decisions and cost assessments. With the new
release, customers can deploy eVantage on their own IT infrastructure as
a "virtual machine," or purchase both the software and hardware from
Iron Mountain. Users also now have access to extensive Lotus Notes
processing, review and export capabilities. Work done in eVantage
seamlessly transitions to Iron Mountain Legal Discovery 10.0 for large,
complex matters.
"In the globalizing economy, our customers must grapple with greater
volumes of data across a wider range of domestic and foreign
litigations, government investigations and internal compliance matters,"
said Stephen Whetstone, Esq., vice president and general manager of Iron
Mountain Legal Discovery, and a former litigation partner at an AmLaw 50
firm. "We designed and built our newest electronic discovery offerings
to address our customers' data challenges, so they can quickly find, tag
and produce what's responsive, withhold what's privileged and cast aside
what's irrelevant, and track it all - once - thereby ensuring
consistency across all matters and avoiding having to pay lawyers to
repeat the entire expensive process over and again."
Iron Mountain Legal Discovery and Iron Mountain eVantage are available
as standalone solutions or as components of the Iron Mountain Enterprise
Discovery Suite, recently introduced in October, 2010. The Enterprise
Discovery Suite is Iron Mountain's integrated offering of information
governance and discovery capabilities including Iron Mountain
NearPoint(R), Classify & Collect, eVantage, Iron Mountain Legal Discovery
and Iron Mountain consulting. To learn more about the Iron Mountain
Enterprise Discovery Suite and additional information management
solutions from Iron Mountain, visit http://www.ironmountain.com/discovery/.
Iron Mountain will be exhibiting Jan. 31-Feb. 2, 2011, in booth 2109 at
the LegalTech
East conference in New York. Additionally, discovery experts from
Iron Mountain will participate in a panel
discussion on cloud-based legal repositories on Tuesday, Feb. 1,
2011.
About Iron Mountain
Iron Mountain Incorporated (NYSE: IRM) provides information management
services that help organizations lower the costs, risks and
inefficiencies of managing their physical and digital data. The
company's solutions enable customers to protect and better use their
information--regardless of its format, location or lifecycle stage--so
they can optimize their business and ensure proper recovery, compliance
and discovery. Founded in 1951, Iron Mountain manages billions of
information assets, including business records, electronic files,
medical data, emails and more for organizations around the world. Visit www.ironmountain.com
or follow the company on Twitter @IronMountain
for more information.
SOURCE: Iron Mountain Incorporated
Iron Mountain
Laura Sudnik, 508-808-7528
Laura.Sudnik@ironmountain.com
or
Weber Shandwick
Amy Shirk, 617-520-7286
ashirk@webershandwick.com