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PSS Systems Announces No-Cost Corporate Accelerators for Corporate Readiness and Response to Revised Federal Rules of Civil Procedure
Through Partnership with Ryley Carlock & Applewhite, PSS Systems to Bundle Free Comprehensive Retention Schedules with its Atlas ERM Solution and will Make Atlas Data Mapping Kit Available to All Atlas Users
Mountain View, California, October 24, 2006 — PSS Systems, the market leader in legal holds and retention management solutions, today announced two critical corporate accelerators to better enable enterprises to respond to revisions in Federal Rules of Civil Procedure on Discovery which go into effect on December 1, 2006. These revisions require companies to disclose their retention practices for both physical and electronic data, to identify and disclose the sources of this data in the enterprise and to effectively and completely preserve and produce that data in litigation.
PSS Systems is the developer of the Atlas solution suite, the first software suite to help companies manage their legal holds and cross-enterprise retention programs. Available since April 2005 and used by Fortune 500 practice leaders, the Atlas suite includes Atlas LCC and Atlas ERM. The Atlas ERM module helps companies establish and administer retention programs across disparate data sources and types across the enterprise. The Atlas LCC module automates legal holds and collections workflows to ensure that companies efficiently and effectively meet their duty to preserve and produce information in litigation.
"To effectively, consistently, and confidently address the new Federal Rules, companies must have 3 core programs in place: 1) a robust legal holds process, 2) a reliable map of data sources, and 3) an enterprise retention program that spans paper records in offsite storage as well as electronic information stored in dozens of repositories and file shares across the company," explained Deidre Paknad, CEO of PSS Systems. "Legal holds must be synchronized with the data sources and retention program and our accelerators greatly improve the likelihood and speed with which companies can achieve these critical objectives."
The new business accelerator tools include:
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Enterprise Retention Program Accelerator: PSS Systems is bundling a functional classification schema, standard retention schedules, and frequently-referenced legal research and citations free with its Atlas ERM solution. This will allow companies that have not yet developed an enterprise retention program to quickly adopt a corporate classification structure and master retention policy sets, and to quickly tailor and institutionalize them in their enterprise. Ryley Carlock & Applewhite, a leading law firm specializing in retention program development and discovery, has developed this accelerator kit for use with Atlas ERM and the firm offers legal services and research to tailor the accelerator kit to specific corporate requirements. The bundle significantly reduces the cost of – and therefore greatly accelerates – traditional program development by making available a broad set of standard retention schedules with Atlas ERM out of the box. Atlas ERM is used by some of the world’s largest companies to establish and administer retention programs across business units, geographies, and data sources.
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Data Mapping Accelerator: PSS Systems is making access to its Atlas map available to Atlas ERM and Atlas LCC users at no additional cost. The Atlas map enables litigators, discovery staff, IT and records teams to map and document information sources by business unit, functional data types, stewardship and administration roles, and their use within the business. This map encompasses all of the disparate sources of data, from highly structured application data to unstructured data on file shares to paper records stored in physical warehouses and to inventories of legacy data and backup tapes. The map synchronizes with Atlas LCC legal holds and collections software so that specific data sources can be identified as relevant to litigation. It also synchronizes with Atlas ERM so that the data sources can be identified as the target repository for specific records classes to link in actual retention practices. Many companies today are engaged in a data mapping exercise for litigation in response to the new Federal Rules. Unfortunately, this is a lost exercise unless they are able to connect the data sources with their ongoing legal holds obligations and to their actual retention practices. The data mapping accelerator kit combined with the Atlas suite makes it possible to achieve both the letter and the spirit of the new Rules and provides a sustainable approach going forward.
"PSS Systems has a very strategic and comprehensive solution for global companies that must comply with the new requirements under the Federal Rules," says Bill McManus, partner at Ryley Carlock & Applewhite. "With our extensive experience in developing retention programs for clients, we realized that the combination of the retention accelerator kit and the Atlas suite would provide great value to companies who are under intense pressures to get effective enterprise programs in place quickly."
Availability
These new business accelerator tools are available immediately from PSS Systems. The enterprise retention program accelerator from Ryley Carlock & Applewhite is free with Atlas ERM and the data mapping kit is free to Atlas LCC and Atlas ERM customers. Ryley, Carlock & Applewhite provides legal and other professional services to tailor the retention schedules and legal research to specific companies, to conduct inventories of legacy records and litigation inventories, and to assist with discovery and review needs of their clients.
Atlas Suite
The Atlas Suite from PSS Systems is the first and only enterprise solution to provide a robust and automated legal holds process, the critical map of data custodianship, and an enterprise retention management framework that synchronizes retention across business units and data sources. Atlas LCC software automates legal holds and collections from scoping the key players, sending notices and reminders, to collecting the data. Atlas ERM software helps companies define, manage and administer retention programs across diverse business units and data repositories. Both modules come with access to the Atlas map – a convenient, synchronized map of the organization, employees, and systems.
About PSS Systems
PSS Systems is the recognized innovator and leader in legal holds and retention management solutions. The company's Atlas suite is the first and only solution that enables enterprises to synchronize retention, disposal, preservation, and production across the enterprise to reduce cost and risk.
PSS Systems customers include Citigroup, Credit Suisse, Babcock & Brown, Cap Gemini, First Data Corp, and others. PSS Systems is a recognized thought leader on critical policy topics; it founded and sponsors the CGOC, an executive forum and professional community on practice issues related to retention and preservation. To assist its customers, the company has an ecosystem of legal experts including Hunton & Williams, Weil, Gotshal & Manges, Wilson, Sonsini, Goodrich & Rosati and delivery experts such as Bearing Point, Navigant, and others.
PSS Systems is a privately-held company based in Mountain View, California. For more information, please visit www.pss-systems.com.
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PSS Systems and the PSS logo are registered trademarks, and Atlas LCC, Atlas Litigation Communications & Collections, Atlas ERM, Policy Atlas, Policy Point and AtlasIPM are trademarks of PSS Systems, Inc. PSS and Ryley, Carlock & Applewhite are not affiliates. All other company and product names mentioned are the trademarks or registered trademarks of their respective companies.
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