
Press Release
AtlasIPM Enables Policy-Driven Information Management and Automated Policy Enforcement
Reduces Storage, Legal Costs and Risk while Boosting Productivity
PALO ALTO, California, April 18, 2005 PSS® Systems, the leading provider of information policy management solutions, today introduced the AtlasIPM™ (Information Policy Management) suite, a new way for enterprises to automate the management and enforcement of their information policies, resulting in significant savings on discovery and storage costs and enhanced user productivity. Available now, AtlasIPM closes the gap between information policy and practice, giving companies an economical and sustainable way to create, manage and enforce their information policies across the enterprise.
AtlasIPM is the first and only solution that enables enterprise policies for retention, disposition, preservation and production to be centrally organized and managed, while allowing those policies to be automatically enforced across global, decentralized enterprise information, including files stored on PCs, file servers, and in existing information repositories.
“Companies create tremendous volumes of information, yet lack the ability to identify unstructured data, to specify how and where to retain it and when to dispose of it. As a result, they store far more than their policies dictate and they face overwhelming difficulties to preserve and produce relevant information for electronic discovery,” said Deidre Paknad, president and CEO of PSS Systems. “AtlasIPM is the first and only solution for defining enterprise policies for these critical functions and for automating compliance with them – it significantly reduces the risk of discovery failure and storage and discovery costs.”
“Governance and compliance activities the past few years have motivated companies to better manage risk across the entire firm. Making compliance repeatable, sustainable and cost-effective must become the priority for ongoing technology investment,” said John Hagerty, vice president of research at AMR. “The goal is to ensure that compliance can be automatically managed, reducing related cost over time.”
AtlasIPM is comprised of Policy Atlas™, a policy repository that enables companies to define their policies in a global, central system of record, and Policy Point™, an agent that synchronizes with Policy Atlas to apply and automatically enforces policies on information, which customers use to manage and automate three critical processes:
Legal Holds & Collections Management: Based on the emerging Zubulake V and Delaware standard, the Legal Holds and Collections Management solution enables companies to automate hold notifications, identify and log interviews with affected parties, and plan and thoroughly execute document collection. Integrated case record keeping and a common system across litigation teams and outside counsel improve process integrity and eliminate redundant efforts.
Retention Policy Management: To address the difficulties in reconciling diverse business and oversight needs, the Retention Policy Management solution enables companies to coordinate and synchronize corporate retention policies and division retention schedules, ensuring local control and corporate oversight.
Policy Enforcement: To bring defensibility and feasibility to corporate policies, Policy Enforcement maps applicable retention rules and legal holds to individual employees, automatically tagging information at the point of creation, automating and ensuring proper retention, disposition, holds and collection as required.
By synchronizing enterprise retention lifecycles and legal holds and collections with the ability to identify and classify information at the point of creation, AtlasIPM can help companies gain business advantage by decreasing storage cost and complexity and reducing legal costs and risks without compromising employee productivity.
“Recent legal developments, including cases like Zubulake V and Coleman, as well as continuing intense activity by regulatory agencies, send a clear message that companies need to make every effort to address their information management policies,” said Adam Cohen, co-author of Electronic Discovery: Law & Practice and a partner in the law firm of Weil, Gotshal & Manges. “PSS Systems fully understands this environment and has designed AtlasIPM to specifically and comprehensively address the associated risks and costs.”
About PSS Systems
PSS Systems is the leading provider of information policy management solutions. The company’s AtlasIPM suite drives business advantage by reducing legal and IT costs while reducing risk and complexity. AtlasIPM enables enterprises to define, apply, extend and enforce information policies across the entire information lifecycle – from cradle to grave – without impacting user workflow or productivity. PSS Systems customers include Babcock & Brown, Cap Gemini, and others. PSS Systems is a recognized leader on critical policy topics and founded and sponsors the Compliance, Governance & Oversight Council (CGOC), an executive forum on policy and practice issues related to retention, disposition, preservation, and production. To assist its customers, the company has an expert ecosystem including Hunton & Williams, Kahn Consulting, Kaye Scholer, PriceWaterhouseCoopers, Skadden Arps, Weil, Gotshal & Manges, and others.
PSS Systems is a privately held company based in Palo Alto, California. For more information, please visit www.pss-systems.com.
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PSS Systems and the PSS logo are registered trademarks, and Policy Atlas, Policy Point and AtlasIPM, are trademarks of PSS Systems, Inc. All other company and product names mentioned are the trademarks or registered trademarks of their respective companies.
Media Contacts :
David Wright
MediaBridge Public Relations, Inc.
(408) 363-2843 Office
(408) 836-6694 Cell
dwright@mbipr.com
Amanda Woodrum
PSS Systems
(650) 810-8703
amanda.woodrum@pss-systems.com