Austin, Texas—February 4, 2008 — StoredIQ, Inc., whose innovative eDiscovery solutions revolutionize the way companies address reactive eDiscovery and litigation readiness, announced today an industry first: true, one-click automation of the eDiscovery process in a single solution – with an enterprise-class appliance deployed within the corporate IT infrastructure. From identification, collection, preservation of responsive electronically stored information (ESI), to processing and load file generation for legal review tools, StoredIQ 4.5 now automates more of the eDiscovery Lifecycle than any other competing solution.

For today’s organizations, the litigation eDiscovery process and associated legal review fees have become very costly and time consuming due to multiple manual tasks, separate teams and disparate tools. As the volume of ESI and the frequency of litigation continue to increase, companies must find new ways to streamline and enhance their eDiscovery efforts, generally based on the industry-standard Electronic Discovery Reference Model (EDRM).

Building on an already comprehensive solution, StoredIQ 4.5 features a new one-click approach to identification, collection, preservation, and processing with thorough analysis conducted at every step in an iterative manner.

StoredIQ 4.5’s Intelligent Collection methodology identifies, automatically collects and applies litigation holds on only the smallest, legally defensible data set, helping to ensure that organizations do not over-collect while at the same time avoiding the risk of spoliation or loss of good faith by the court. With Intelligent Collection, StoredIQ enables legal teams to make informed preservation decisions by profiling and indexing ESI on active network, email and file servers, content management and storage systems and desktops. Additionally, StoredIQ data topology maps help legal teams better prepare for Rule 26(f) conferences, improving their ability to negotiate with opposing counsel.

StoredIQ 4.5 also features a new Discovery Investigator role providing the ability to view real-time data topology reports and search active data using metadata, concepts or keyword criteria before, during, and after collection, preservation and processing. This role also allows attorneys and paralegals to tag data identifying ESI that eDiscovery teams should collect, preserve and process. This intelligent methodology empowers legal teams to be more proactive and make decisions much earlier in the discovery process – contrary to traditional methods where the legal teams are dependent on supporting organization to provide reporting back to the team at each stage of the eDiscovery continuum.  

According to the Taneja Group, who recently completed an independent analysis of StoredIQ’s appliance, “With much of the legal cost incurred during the legal review stage, StoredIQ’s ‘intelligent collection’ technology and ‘discovery investigator’ feature significantly reduce that cost by culling through petabytes of ESI and identifying the most accurate and complete set of responsive information to be reviewed, while maintaining a legally defensible audit trail.“ (1)

Additional enhancements with StoredIQ 4.5 include expanded processing capabilities to enable in-house processing and lowering review costs by further reducing non-responsive output. Along with existing rolling-production capabilities that allow eDiscovery teams to output native or load files for attorney review as files are actively being harvested, StoredIQ 4.5 also introduces configuration of email de-duplication rules to improve de-duplication efficiency.

StoredIQ 4.5 also allows for the selective output of files contained within compressed files such as ZIP, TAR and RAR files. This new feature enables intelligent automated processing to identify, extract, and produce responsive members within a container file. StoredIQ can intelligently identify, manage and report on all objects contained within these containers. It can also preserve all metadata attributes and parent-child relationships of responsive objects upon extraction. Additional options include the ability to produce the original container file untouched, and distinguish between responsive content in containers and within emails.  

StoredIQ’s one-click process can be configured to create preservation copies and apply a litigation hold and is the only product on the market that can automatically generate multiple load file formats – including native, XML and Concordance – directly from active enterprise data sources as part of a single automated eDiscovery process execution. In addition, StoredIQ does not have to copy data to an inter-mediate storage location or to an email archive repository before processing potentially responsive ESI. 

“StoredIQ 4.5 enterprises are able to automate more of the eDiscovery lifecycle within a single solution than any other product available today,” said Keith Zoellner, CTO of StoredIQ. “Today, companies use separate disjointed tools and develop scripts to ‘glue’ them together, which is more error prone and makes for a labor intensive process. With StoredIQ, organizations can leverage a fully integrated, end-to-end architecture that is more robust and delivers uncompromised audit trails.”

About StoredIQ
StoredIQ is a leading provider of enterprise-class Intelligent Information Management solutions, enabling organizations to gain visibility and control over business-critical information to help meet their compliance, governance and legal discovery requirements. The company provides a range of integrated application modules: StoredIQ Intelligent eDiscovery for fast response to litigation and investigations, StoredIQ eDiscovery Preparedness for proactive “litigation readiness,” and StoredIQ Information Governance for information protection and risk management. For more information, visit www.storediq.com.

StoredIQ is a trademark of StoredIQ, Inc. All other trademarks may or may not be trademarks or registered trademarks of their respective owners.

Contact
Ursula Talley  |  VP, Marketing  |  512.334.3101 |  utalley@storediq.com