View the latest legal technology news in these categories:
Administration Collaboration Facilities Management
Finance Infrastructure Litigation Support
Marketing Services Telecommunications

DENVER—September 1, 2010—Catalyst Repository Systems, Inc., (www.catalystsecure.com), a pioneer in providing secure, hosted document repositories for e-discovery and other complex legal matters, has been named to  the Inc. 5000 list, a ranking of the fastest-growing private companies in the U.S.

The Inc 5000, now in its 29th year, represents the most comprehensive survey available of America’s independent-minded entrepreneurs. Eighty-nine Denver-based companies were included on the list, representing almost $2.4 billion in revenues in 2009.

Catalyst was ranked among the top 20 fastest-growing private companies in Denver, reflecting its role in helping to drive the city’s positive economic and market growth. Within the software industry category, Catalyst was ranked 76th of all U.S. companies listed.

“It is an honor to be named to such a prestigious list of companies and to see such a strong showing in Denver’s economy in particular,” said John Tredennick, Catalyst’s founder and CEO. “Despite the continued recession, Catalyst has continued to grow, increasing revenues, hiring more staff and now opening new operations in Asia.”

Overall, Catalyst was ranked at 1,117, with a 269% three-year growth rate. As a provider of hosted e-discovery software for corporations, law firms and insurance companies, Catalyst is establishing its leadership in a fast-growing market and is well positioned for continued growth.

The 2010 Inc. 5000 serves as a unique illustration of the profound changes taking place in the U.S. economy. Despite the fact that most of this year’s measuring period of 2006-2009 took place during the latest recession, aggregate revenue among the companies on the list actually increased to $321.6 billion, up more than 50 percent from last year. This year’s Inc. 5000 companies employ a record 1.4 million people, up from one million on last year’s list.

“The leaders of the companies on this year’s Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression,” said Inc. president Bob LaPointe. “The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs.”

About Inc. Magazine

Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 712,647, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology.

About Catalyst

Catalyst is a leading legal-technology company providing secure, scalable multi-lingual document repositories for electronic discovery, litigation support, and other complex regulatory matters. For over a decade, corporations and their counsel have relied on Catalyst to control litigation costs and make review teams more effective. Our systems and supporting services cover the heart of the litigation lifecycle-from processing and search, to analytics, review, production and trial.

Download the Release.

Update from ILTA 2010

August 26th, 2010 by IEAdmin In Uncategorized

At the ILTA annual conference I had the opportunity to speak with a number of law firms in Vegas this week. A recurring theme that came through during these meetings was that litigation support teams are still under pressure to control costs and manage projects with fewer resources. They see no light at the end [...]

Catalyst Unveils CR 9.0 at ILTA 2010

August 22nd, 2010 by Chelsey In News

Ninth generation Catalyst e-discovery document repository provides greater search performance, ease-of-use and automated production management

DENVER—August 23, 2010—Catalyst Repository Systems, Inc., (www.catalystsecure.com), a pioneer in providing cloud-based document repositories for e-discovery and other complex legal matters, today introduced version 9.0 of its flagship product, Catalyst CR. The new version includes a fully integrated production module, expanded correlation navigators, review module enhancements and a new user interface. Most notably Catalyst CR 9.0 updates include features requested by Catalyst’s expanding user base and represent a significant step towards putting complete control of the e-discovery process in the hands of Catalyst CR users, from processing to production, while maximizing efficiency and scalability.

New features in the Catalyst CR 9.0 platform include:

  • A fully-automated and scalable production module that allows users to identify and folder documents for productions, convert and endorse them in a variety of formats, create load files, and then run productions themselves.
  • Enhanced and faster “Correlation Navigators” that allow users to analyze search results using a variety of fields, text, and concepts-all drawn dynamically from the user’s search across millions of documents.
  • Searchable review folders allowing reviewers and administrators to build any combination of field and text searches to check for privileged, sensitive and other key information before releasing the documents.
  • Review module enhancements that provide more control for review administrators and allow administrators to assign, modify assignments more easily and provide new capabilities for user self assignments.
  • PowerSearch enhancements to make the multi-search utility even more scalable including integrating the system into the Catalyst global load balancing grid.
  • The ability for administrators to delete records automatically as part of the initial analytics and culling process-providing users with direct control to reduce hosting volumes.
  • New export options that provide faster output and more flexibility including MDB formats.
  • A revised user interface that provides more rapid and intuitive access to Catalyst CR and its productivity modules.

“Automating the e-discovery process and delivering it via a secure cloud has been Catalyst’s mission for more than a decade,” explained John Tredennick, Catalyst’s founder and CEO. “Our goal is put full control of their e-discovery processing in our client’s hands-as much as they might have if they used an appliance in-house. The difference with our cloud-based product is scale. Our clients can run the product from end-to-end but have the advantage of hundreds of servers working on their behalf. They also get a dedicated team of savvy professionals to continually update and enhance the system.”

Catalyst began automating the e-discovery process with the availability of Fast Track Data Loading. Since its availability just 18 months ago, Fast Track has now processed over 10,000 automatic data loads. Catalyst built on this success in early 2010 with Fast Track Automated Processing, which allows users to upload raw files directly into Catalyst for processing and loading. The features in Catalyst CR 9.0 achieve the goal of complete system automation. Now, those same users can export and produce documents themselves-in any volume or format.

Catalyst CR 9.0 turns the e-discovery services model on its head with the first integrated e-discovery product covering the heart of the litigation lifecycle-from processing and loading raw files to search, analytics, culling, review and production. Because the data and process are hosted in the cloud, the Catalyst CR platform effectively eliminates IT and system administration costs. That frees the litigation management team to focus on review and analysis, rather than software administration.

Catalyst is demonstrating Catalyst CR 9.0 and the Production Module at the ILTA 2010 Conference, Booth #800 in Las Vegas this week.

About Catalyst

Catalyst is a leading legal-technology company providing secure, scalable multi-lingual document repositories for electronic discovery, litigation support, and other complex regulatory matters. For over a decade, corporations and their counsel have relied on Catalyst to control litigation costs and make review teams more effective. Our systems and supporting services cover the heart of the litigation lifecycle-from processing and search, to analytics, review, production and trial.

Catalyst delivers its software directly and through a global partner network that offers consulting, collection, project management and forensic services. The company manages hundreds of servers in two data centers and has hosted for many of the largest organizations in the world, including five of the world’s 10 largest companies, four of the nation’s 10 largest insurers and 80 of the nation’s 100 largest law firms.

Media Contact:

Laura K. Ramsey
Marketing Director
Catalyst Repository Systems, Inc.
1860 Blake Street
Seventh Floor
Denver , CO U.S.A. 80202
303.824.0857
lkramsey@catalystsecure.com

Download the release.

The Proof is in the Patent

August 12th, 2010 by IEAdmin In Uncategorized

There is lots of talk in the eDiscovery industry about speeds and feeds. As soon as Index Engines had validated 1 TB/Hr/node indexing, other vendors were announcing similar fast processing claims. A side by side benchmark of these platforms would require a tremendous volume of data and a huge variety of files and backup formats. [...]

Backup Tapes as Litigation Hold

July 29th, 2010 by IEAdmin In Uncategorized

An article published in the July 19th issue of the New Jersey Law Journal explores the idea of using data locked away on backup tape as the source for eDiscovery. The article, Proven Methods to Prevent Spoilation of Online Data, points to the impenetrable nature backup tapes, and conversely the dynamic environment that houses online [...]

The volume of corporate data contained in network attached storage (NAS) grows daily. The amounts are many magnitudes greater than the data contained on the Internet. How can any enterprise attempt to manage it? After today’s announcement by Index Engines, the discovery of corporate data got quite a bit easier. Online data, stored on all [...]

Save Money With Bulk Culling

July 15th, 2010 by IEAdmin In Uncategorized

The unit cost to identify and collect online data on hard drives, CD/DVD’s and network storage has dropped significantly over the past few years. However since the volume of data being examined during a discovery project has grown dramatically, the total project cost can still be quite high. Many tools used for the collection and [...]

Monica Bay reports in Law Technology News on July 14, 2010

In what signals a significant move into the e-discovery market, Thomson Reuters has purchased CaseLogistix from San Diego’s Anacomp. Terms of the deal were not announced.

CaseLogistix offers document review, data ingestion, and production tools to help litigation teams manage the electronic discovery review process, says TR. “The acquisition is a critical next step in furthering the Thomson Reuters litigation strategy,” says Allison Guidette, TR Legal’s vice president and general manager of litigation (and formerly an executive with Merrill Corp.). The CaseLogistix team will be under her umbrella.

Tom O’Connor, a longtime member of LTN’s Editorial Advisory Board, served as an independent consultant for CaseLogistix from 2006-2009, writing white papers, and conducting webinars and focus groups about e-discovery processes. The acquisition, he says, shows that there’s been no slowdown in the efforts of large companies aquiring small EDD firms, in order to create “end-to-end” offerings. “More specifically, this signals to me that TR is serious about that market, and is finally taking steps to counter the immense EDD and litigation support market presence of LexisNexis.”

Says Craig Ball, LTN’s EDD columnist, says “it’s exciting to see Thomson dipping its toe in the e-discovery ocean. Acquiring CaseLogistix suggests the emergence of a broader EDD strategy, because CaseLogistix , by itself, does not an EDD vendor contender make.” The more intriguing question is what the sale means for Anacomp’s future, as it had reportedly divested itself of at least one other acquisition to focus on CaseLogistix ,” says Ball. “What fills the big hole left by CaseLogistix — a flagship product — if Anacomp plans to stay in the industry?”

Will Thomson Reuters Legal look in the neighborhood for its next EDD acquisition? Time will tell.

Monica Bay is editor-and-chief of Law Technology News, and is a member of the California Bar.

NEW YORK, July 6 /PRNewswire/ — Investcorp, a global provider and manager of alternative investment products, announced today that it has acquired Veritext Holding Company, a leading national provider of deposition and litigation support services to law firms, Fortune 500 corporations, and regulatory agencies in the United States. The terms of the transaction were not disclosed.

Veritext was acquired from an investor group led by The Riverside Company and members of the management team that bought the company in August 2005.

Veritext has its headquarters in New Jersey and operates within the stable and growing legal services industry through its 30 locations across six core geographic regions in the largest legal markets in the United States. The company provides technology and services that capture testimony during a deposition which is a critical part of the discovery phase of most civil litigation cases in the United States.

“Over the past several years, Veritext’s management team, led by CEO Michael Sandler and COO Nancy Josephs, has built a market leading company by leveraging its proprietary technology to offer a variety of highly differentiated deposition services,” said Chris McCollum, a Managing Director in Investcorp’s private equity business. “We believe that Veritext has multiple ways to grow. It has a leading position in the growing deposition services market, the capability to generate strong free cash flow and the opportunity to complete further add-on acquisitions.

ROSEVILLE, Calif. and SAN FRANCISCO, Calif., – June 29, 2010 – Unify Corp. (NASDAQ: UNFY), a global information management company, and Daegis, a leading eDiscovery solutions provider, today announced that they have merged. Together, the companies will deliver industry-first solutions that integrate information archiving with electronic discovery management to bring organizations flexibility, scalability and predictability across the entire litigation lifecycle.

Under the terms of the agreement, Unify will pay approximately $38 million in a combination of cash, seller financing and stock, detailed more fully below. For the twelve months ended April 30, 2010, Daegis generated approximately $23 million in revenue and $6.5 million in adjusted EBITDA.

By merging, Unify and Daegis will bring new solutions to market that uniquely address the convergence of archiving, information governance and eDiscovery. The combination of Unify’s archive repository and Daegis’ eDiscovery services and technology will facilitate a new level of data management and cost savings for corporate legal departments and law firms. Clients can strategically manage their data within the firewall and, by leveraging Daegis’ eDiscovery Analytics Consulting (eDAC), benefit from intelligent selection of responsive data early in the process. The integration of technologies will enable the preservation and repurposing of valuable attorney work product across multiple matters. These solutions will reduce costs, increase defensibility and furnish a blueprint for repeatable success across the Electronic Discovery Reference Model (EDRM).