Newly Released Attenex Patterns 3.0 Delivers Proven Visual Discovery and Review Solution for Isolating and Presenting Only Relevant, Requested Information
SEATTLE — Sept. 28, 2005 — Attenex® Corp., a leading software developer of unstructured content analysis and visualization tools for electronic discovery, today announced that Attenex Patterns® 3.0 presents corporations, their law firms and government agencies with a complete solution for accurately and efficiently responding to matters of litigation, compliance and regulatory response.
"The role of corporate legal departments has become increasingly more visible and complex," said James D. Zinn, director, Huron Consulting Group. "Failure to effectively manage the evolving discovery process increases the risk to a corporation’s reputation and financial well-being. General counsels are seeking support from innovative, new technologies to reduce costs, achieve greater efficiencies, and ultimately mitigate the risks to their companies. Recent advances in filtering, searching and data visualization technologies address these challenges and enable us to help our clients find needed information much more quickly and accurately."
“Corporations are facing an onslaught of new demands for information,” said Brian Schlosser, CEO of Attenex. “Whether it’s responding to litigation requests or fulfilling regulatory or compliance requirements, companies are spending millions and millions of dollars per year to deliver relevant information within required timeframes. By enabling corporations to control this costly and time-consuming electronic discovery process, we can help minimize the impact through significant savings in time, dollars and resources.”
“Over the next two years, Enterprise Strategy Group (ESG), a leading technology analyst firm, estimates that organizations will save approximately 4,000 petabytes of data to comply with regulations,” explained Brian Babineau, an analyst with ESG.
“This figure does not include the petabytes of data that are kept for data protection and business continuity purposes. And given that all of this information is discoverable at any point in time, corporate legal departments must find a fast and easy way to determine what data is relevant for a specific legal matter. The alternative is an exponential increase in review times and associated discovery costs.”
“We manage electronic discovery for some of the most complex litigation and largest mergers in the industry, where size, complexity, and cost of electronic discovery are significant issues for the clients,” said Tony Cardine, senior consultant, Forensics Consulting Solutions, LLC. “Attenex Patterns enables us to consistently provide our clients with a powerful management interface and review times that are a fraction of those using older technology. The release of Attenex Patterns 3.0 takes an already solid platform to the next level, providing additional cost savings and enhanced data management for our corporate clients.”
"We have had a very productive relationship with Attenex for nearly two years,” said Chuck Kellner, VP of consulting and project engineering for SPI Litigation Direct. "The Attenex Pattern’s Workbench application has enabled us to scale to meet the discovery demands of matters at the terabyte level. The new features and functionality in the Patterns 3.0 release are inline with client demand and present another way for us to help clients leverage the most effective tools possible for increasing review efficiency.”
About Attenex
Founded in 2001 and headquartered in Seattle, Attenex Corporation develops and markets software to help corporations, law firms, legal service providers and government agencies improve the efficiency of processing and reviewing electronic documents. Attenex software combines patented document analysis and visualization technology with a powerful processing engine to accelerate the identification of relevant information in its native format. Leading legal service providers and consulting organizations offer Attenex software to dramatically reduce the total cost of discovery for their clients. For more information about the company and its products, call (206) 373-6565 or visit www.attenex.com.
About Attenex Advantage Partners
The Attenex Advantage Partner Program is a growing network of experienced legal industry service providers and consulting organizations that enables you to select the team that best fits your case and strategy requirements. Advantage Partners host Attenex Patterns along with your data and provide online access for document review, as well as help you efficiently manage discovery projects, ultimately lowering your total cost of discovery. For a complete list of approved service providers, visit www.attenex.com/LSPS.