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TMCNet:  CaseCentral Reports Strong Momentum in 1H 2011

[July 27, 2011]

CaseCentral Reports Strong Momentum in 1H 2011

SAN FRANCISCO --(Business Wire)--

CaseCentral, the leader in secure, cloud-based eDiscovery software for corporate counsel and law firms to simplify eDiscovery, today announced the company is benefiting from strong demand for its products in the first half of 2011 as the market continues to shift to enterprises owning the eDiscovery process and utilizing cloud-based solutions. In 2011 the company added several brand named companies to its impressive roster of Fortune 500 customers and had many existing customers expand their use of the CaseCentral cloud-based eDiscovery software.

"The growth of our customer base and reports from industry experts reflect the accelerating transition of the eDiscovery market as organizations move to an integrated, strategic, multi-matter enterprise eDiscovery process, and rely less on single matter and ad hoc management of individual cases," said Chris Kruse, CEO, CaseCentral. "More and more enterprises are realizing the time, cost and risk savings that taking greater ownership of the eDiscovery process can offer. More importantly, they understand the unique value provided by CaseCentral, through a centralized legal repository with multi-matter capabilities and automation. This coupled with our pioneering and leadership position in delivering our eDiscovery solutions via the cloud puts CaseCentral at the nexus of this major shift in how organizations are purchasing and implementing their eDiscovery and litigation management solutions."

CaseCentral's strategic enterprise eDiscovery revenue has been growing with a CAGR of 45% since 2009 and now represents over 75% of CaseCentral revenue versus single event, ad hoc business. This growth signals that enterprise clients are utilizing the unique multi-matter capabilities of the CaseCentral eDiscovery Platform to centralize their eDiscovery processes and handle a large number of cases, as opposed to managing episodic, data-driven single matters.

"A more systematic approach is needed to increase accountability, efficiency and even predictability in attorney review," said Katey Wood, Analyst at Enterprise Strategy Group (News - Alert) (ESG). "More than half of corporate counsel surveyed in a recent ESG study spent over $1m on e-discovery in 2010, yet 66 percent had never tracked the accuracy or productivity of attorney review. CaseCentral's non-linear review methods with concept search increase the speed and focus of review, while its centralized legal repository offers multi-matter capabilities to compare performance and re-use attorney work across cases."

A recent case study, "Best Practices in eDiscovery," presented by Gartner (News - Alert), Inc. at the Security and Risk Conference1, recommends that companies, "consider bringing all or part of the eDiscovery process in-house for cases that meet specified criteria, length or business risk." eDiscovery is becoming a core strategic solution for te enterprise; something that should be looked at as a long term investment. Customers bringing eDiscovery in-house via the CaseCentral eDiscovery Cloudtm are investing in a strategy and a system that becomes more valuable, at a lower cost, the more it is used.


In addition to seeing the market validate its vision, CaseCentral achieved several other leadership milestones in the first half of 2011 including:

  • Passed over 1 billion active client files under management and 30,000 cases performed within the cloud-based CaseCentral eDiscovery software.
  • Added nearly 750 new cases, representing nearly 5 TB of new client data from CaseCentral's enterprise clients.
  • Announced the CaseCentral R5 eDiscovery Platform at LegalTech New York. R5 redefines cloud-based eDiscovery, setting a new standard for the streamlining workflows and providing multiple tools within a single, integrated, easy-to-use application for the different stages of eDiscovery.
  • Secured a number of new customers and expanded its relationship with many Fortune 500 companies from a wide variety of industries, including: financial services, aerospace, energy, oil and gas, manufacturing, high tech, and insurance. Included among these is one of the nation's largest health benefits companies and one of the nation's largest electric utility companies.
  • Positioned by Gartner, Inc. in the "Visionaries" quadrant of its 2011 Magic Quadrant for E-Discovery Software report.2
  • Announced a strategic alliance to combine CaseCentral's eDiscovery platform with Mitratech's TeamConnect Legal Suite to offer customers an end-to-end legal operations management platform to streamline workflow, reduce cost and minimize risk.
  • Deepened its executive leadership team by adding industry veteran Rob Fisher as vice president of sales and field operations.

About CaseCentral

Founded in 1994, CaseCentral is the leader in secure, cloud-based eDiscovery software for corporations and law firms to simplify electronic discovery (e-Discovery) in response to litigation, regulatory inquiries and internal investigations. CaseCentral enables repeatable, defensible and measurable business processes that significantly reduce eDiscovery risk, cost and time. The CaseCentral eDiscovery platform integrates early case assessment, processing, analysis, review and production capabilities, enabling customers to succeed with a single matter and seamlessly migrate to multi-matter, multi-party, multi-repository support within the same software platform. CaseCentral pioneered the use of process analytics, providing real-time measurement of review rates, quality rates and costs per document - by matter, firm or user. CaseCentral has served more than 32 of the Fortune 100 and more than 83 of the AmLaw 100. For more information, call 1.800.714.2727 or visit www.casecentral.com, follow us on Twitter (News - Alert) at http://twitter.com/casecentral or read 'Case in Point' cartoons, the lighter side of eDiscovery, at: www.casecentral.com/case-in-point/.

1Gartner, Inc, "Case Study: Best Practices in E-Discovery" by Debra Logan, June 20, 2011

2Gartner, Inc, "Magic Quadrant for E-Discovery Software" by Debra Logan and John Bace, May 13, 2011


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