Kansas City, KS (April 7, 2008) - Epiq Systems, Inc. (NASDAQ: EPIQ), a leading provider of technology solutions for the legal profession, today announced further expansion of its London office with the acquisition of Pinpoint Global, Ltd., an emerging provider of proprietary electronic discovery / electronic disclosure solutions.
Epiq Systems is developing its international e-discovery business aggressively with significant organic growth augmented by select strategic investments. Epiq recently introduced DocuMatrix 12.0, the international version of our document review software, that supports 60+ foreign languages. In March, Epiq announced self-certification to the U.S. Department of Commerce “Safe Harbor’ privacy principles for superior support of international engagements, and in February, the staff of Effective Case Management Ltd. (ECM), a UK professional services company specialising in document management for the UK legal profession since 1999, joined Epiq Systems' U.K. organization.
Pinpoint Global Ltd. has developed advanced proprietary software for electronic disclosure that has been used as “software as a service’ to “Magic Circle’ law firms. The Pinpoint founding shareholders have significant experience in electronic disclosure and will join Epiq's U.K. organization in senior positions. Pro forma 2007 revenue for Pinpoint's business approximated £1.1mm.
Tom W. Olofson, chairman and CEO, and Christopher E. Olofson, president and COO of Epiq Systems stated, “The international dimension of our electronic discovery business represents an attractive opportunity for additional growth and market leadership. Increasingly, our major corporate and law firm clients require sophisticated support for cross-border, multi-lingual engagements that operate under high scrutiny and tight timeframes. We are delighted to welcome the clients and staff of Pinpoint to Epiq Systems.’
About Epiq Systems
Epiq Systems is a leading provider of integrated technology solutions for the legal profession, enabling clients to streamline the administration of bankruptcy, litigation, financial transactions and regulatory compliance matters. It offers innovative technology solutions for electronic discovery, document review, legal notification, claims administration and controlled disbursement. Epiq's clients include leading law firms, corporate legal departments, bankruptcy trustees and other professional advisors who require innovative technology, responsive service and deep subject-matter expertise.
For more information:
Mary Ellen Berthold, Epiq Systems, Inc., telephone: 913-621-9500, email: ir@epiqsystems.com.
http://www.epiqsystems.com/home.php
The recent growth in technology has created a change in the way Lawyers need to manage investigations and litigation for their clients. In order to best serve their clients’ interests, lawyers in the UK will need to have at least a broad understanding of the methods and techniques available, as well as the benefits and pitfalls of E-Disclosure.
Gone are the days where most evidence was provided to lawyers by clients in paper format, requiring paralegal teams to scour filing cabinets and warehouses for relevant documents. The need for business to have instant access to information has created a proliferation of instant or near instant forms of communication. These include emails, electronic documents and electronic messaging and can be found on PCs, servers, USB keys, DVDs, PDAs, back-ups tapes and many other electronic media.
E-Disclosure (also known as e-Discovery and ESI Processing) is the process of finding, securing and providing electronic data with the intent of being used as evidence. Although the name stems from the litigation process, the term is now more widely applied to the treatment of electronic documents generally for litigation, arbitration and internal and regulatory investigations. Simply put — it's the process of turning data into evidence.
PinPoint Global is a provider of E-Disclosure solutions designed to extract relevant evidence from electronic data. Its solutions enable litigation support and legal departments, corporate counsel and lawyers to quickly and easily extract evidence from electronic data and review it in a convenient format.
PinPoint was previously known as Diskcovery London. The company was rebranded in September 2007.
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