
Press Release
LexisNexis expands e-discovery choices for corporations to include Atlas legal holds and collections software through an agreement with PSS Systems
Bellevue, WA and Mountain View, CA — May 30, 2007 — LexisNexis, a leading provider of information and services solutions, and PSS Systems, the market leader in legal holds and document retention management software, today announced an agreement whereby the LexisNexis® Discovery Services group will offer PSS Systems’ Atlas LCC™ litigation communications and collections software to its corporate e-discovery clients.
The explosion of electronic information, the 2006 revisions to the Federal Rules of Civil Procedure and landmark decisions on discovery processes reached in the Zubulake case in 2003 and 2004 have made legal holds and document collection increasingly complex. As a result, corporate need for litigation process management tools has escalated.
With hundreds if not thousands of active litigation matters each year, complying with new requirements for electronic discovery can be a daunting and expensive task for most large companies, many of which are tracking thousands of employees, tens of thousands of hold notices, and often millions of files and documents collected for litigation in a myriad of spreadsheets.
To meet these challenges, leading companies across multiple industries use Atlas LCC for their preservation, hold notice, and collections practices because it consistently and reliably automates much of the legal holds and collections process. Companies using Atlas LCC also have greater control to quickly establish defensible, cost effective and sustainable processes such as identification of employees across the enterprise, determining which systems and locations are likely to have relevant data, notification to employees and IT staff over the course of litigation, interviewing those involved, monitoring for compliance, collecting from the variety of data sources needed for each litigation matter, and managing overlapping litigation.
“Atlas LCC is the benchmark technology for legal holds and collection workflow in corporate litigation groups, and we’re pleased to introduce it to our clients at a time when they’re struggling with the increasing complexities of document preservation and discovery,” said Scott Nagel, vice president of the LexisNexis Discovery Services group. “As we continue to expand our discovery offerings to offer corporate clients more choices and value, Atlas LCC for legal holds and collection management is an excellent complement to our desktop, hosted, online, consulting and forensics suite of products and services.”
Through the agreement, Atlas LCC joins the comprehensive portfolio of products and services offered by LexisNexis Discovery Services, including Concordance™, Applied Discovery® and Hosted FYI™ discovery products, as well as the group’s Strategic Records & Information Management consultancy and Data Collection & Forensics Services practice.
The agreement with PSS is an example of the LexisNexis Total Solutions strategy to help companies reduce litigation risk and cost through sound litigation management, as well as helping litigators win by offering them the most complete set of market leading tools and services.
“LexisNexis understands the challenges that corporate litigation executives face — managing legal holds and internal collection efforts prior to review and production are a top priority,” said Deidre Paknad, CEO of PSS Systems. “This agreement is a natural extension of LexisNexis solutions for corporate counsel and one that benefits customers immediately. It will help us strategically by extending Atlas LCC to more customers at a time when demand for our solutions is growing rapidly.”
About LexisNexis
LexisNexis® (www.lexisnexis.com) is a leading provider of information and services solutions, including its flagship Web-based Lexis® and Nexis® research services, to a wide range of professionals in the legal, risk management, corporate, government, law enforcement, accounting and academic markets. A member of Reed Elsevier [NYSE: ENL; NYSE: RUK] (www.reedelsevier.com), LexisNexis serves customers in 100 countries with 13,000 employees worldwide.
About PSS Systems
PSS Systems is the leading provider of legal holds and retention management software. The company’s Atlas software suite, launched in Spring 2005, enables enterprises to synchronize retention, disposal, preservation and production to reduce cost and risk. The Atlas LCC module addresses the challenges of legal holds and collections for corporate litigation departments; the Atlas ERM module helps companies modernize their retention practices to address electronic data and the disparate data repositories across the enterprise. Both modules use the Atlas map of the enterprise, its business units and employees, data sources and systems, and the laws that impact various jurisdictions. Combined, the Atlas suite serves as a policy hub or “golden source” on what information companies must retain and preserve. By federating retention and hold rules to the people and systems with data, companies can rationally and legally dispose of unneeded data to reduce costs and risks. PSS Systems is a recognized leader on retention and preservation topics; it founded and sponsors the CGOC, an executive forum and professional community on practice issues related to retention and preservation started in January 2004. PSS Systems is privately held and is based in Mountain View, California. For more information, visit http://www.pss-systems.com.
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LexisNexis and the Knowledge Burst logo are trademarks of Reed Elsevier Properties Inc., used under license. Applied Discovery is a registered trademark of Applied Discovery, Inc.
PSS Systems and the PSS logo are registered trademarks, and Atlas LCC and Atlas Litigation Communications and Collections 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®
dwright@mediabridgepr.com
408-363-2843
Marc Osborn
LexisNexis
marc.osborn@lexisnexis.com
425-460-2159