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DS3 DataVaulting Deploys MatterSpace® ELM from WorkProducts in One Day for a Subprime Litigation MatterSolution Enforces a Leading Bank's Preservation Compliance and Greatly Reduces Preservation Costs Chantilly, VA and Reston, VA…July 16, 2008 - DS3 DataVaulting, a customer-oriented solutions provider dedicated to data management excellence, in partnership with WorkProducts, architect of the MatterSpace® Evidence Lifecycle Management (ELM) solution, today announced that they have recently deployed the MatterSpace® ELM solution in one day to provide a leading Bank with immediate preservation compliance and tremendous eDiscovery cost savings on a highly confidential subprime litigation matter. This Bank's legal team is now able to manage all custodian preservation communications (legal hold notifications, acknowledgements, etc.), while enforcing preservation compliance through the targeted preservation crawl of data custodian's email, remote desktops, files, Sharepoint, archives, etc. MatterSpace also provides the Bank's legal team with file-level data chain of custody, de-duplication, indexing, analysis, search, review & tagging, and export of relevant data in a snap to outside counsel's discovery review system, LexisNexis Concordance. Additionally, the Bank's preserved and produced data is ready for compressed and encrypted storage by DS3 DataVaulting. "DS3 provisioning and deploying the MatterSpace Services Edition solution to this Bank is proof positive that behind the corporate firewall, ELM technology that is secure and stable provides corporations tremendous risk reduction, not to mention cost savings," says Stacy Hayes, COO, DS3 DataVaulting. "For corporate legal/IT/Information Security departments of any size, with all types of litigation, this product is a perfect fit." "This DS3 deployment proves that the WorkProducts ELM Ecosystem's utilization of MatterSpace integrated with their products and services provides tremendous risk mitigation and value to corporate legal/IT/Information Security departments," says Steve Lilley, Founder and CEO of WorkProducts, Inc. "DS3 is a preeminent disk-to-disk online backup provider that has not only provided this Bank with a seamless deployment behind the firewall, but has also provided efficient and accessible storage for such MatterSpace preserved evidence." The WorkProducts ELM Ecosystem Partner graphic and DS3 DataVaulting MatterSpace® Deployment and the abovementioned Subprime Litigation Matter Case Study Analysis are available at www.workproducts.com.
About DS3 DataVaulting DS3 DataVaulting was founded in 2002 to provide offsite, online data backup and restore services which enable customers to rapidly and securely back up and restore files, databases and operating systems. DS3 DataVaulting uses state-of-the-art software to schedule and perform backups. DS3 DataVaulting's software detects and records only block-level changes, thereby reducing the amount of data which is required to be transmitted daily for backup. The data is compressed and encrypted onsite and transmitted via the Internet to the DS3 DataVaulting data vault where it is stored. Data files are available 24/7 in the event restoration is needed. Large data restores to support disaster recovery are managed by strict service level agreements with the customers. About WorkProducts WorkProducts provides a leading Evidence Lifecycle Management (ELM) solution, the MatterSpace® Appliance, that speeds up matter-specific ESI delivery by a factor of ten - with improved quality - while dramatically reducing the risks and costs of ESI processing and legal review. MatterSpace is a secure, plug-and-play hardware and software appliance that quickly installs in a customer's network environment, integrating their eRecords systems with downstream eDiscovery products and services. MatterSpace "crawls" the enterprise network to identify, preserve, collect, index, and de-duplicate all accessible structured and unstructured electronically stored information (ESI) for all identified custodians and sources. This includes all enterprise accessible desktops, file shares, Exchange/Domino email, SharePoint, Symantec Enterprise Vault, ZANTAZ EAS, EMC Documentum, Open Text, etc. It also facilitates collaboration among all concerned parties and monitors and tracks all matter-specific ESI communications and events, including litigation holds. Media Contact(s): DS3 DataVaulting: WorkProducts: |
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