Press Release

CGOC Creates a “Sidebar” for Outside Counsel
Forum to Discuss Risks and Responsibilities of Outside Counsel for Corporate Client Legal Holds and Discovery

Mountain View, CA — October 24, 2007 — PSS Systems, pioneers of legal holds and retention management software, announced a new CGOC forum specifically designed to address the significant responsibilities of outside counsel for their corporate clients' legal holds and e-discovery procedures. The CGOC Sidebar is an adjunct forum to the CGOC corporate retention and legal holds practitioners community to focus on the burdens on outside counsel and the tensions between these responsibilities and corporate operational needs. Several high profile cases in 2007 underscore the responsibilities of outside counsel for their clients' practices and make this an extremely timely dialogue.

While outside counsel typically manages a handful of cases at a time, their corporate legal counterparts may be managing thousands of concurrent cases in very complex corporate settings. This complexity may make it challenging for inside counsel to enact all of the guidance or manage the process suggested by outside counsel. The CGOC Sidebar gives outside counsel more insight and information on the operational challenges their corporate clients face; the forum provides guidance and best practices on how to reduce their risks through working more effectively with clients to:

understand the client IT environment, data sources, and preservation practices
institute and monitor legal holds in the client’s business
ensure the client understands and complies with preservation duties
audit the client's holds process on an ongoing basis

“Outside counsel has both risk and responsibility for processes and information they don't control and have little transparency to — this is one of the most important focal points across the entire e-discovery arena right now. As a well-established resource for inside counsel to understand their legal holds and retention obligations, CGOC is a natural forum for outside counsel on these same obligations,” said Deidre Paknad, President and CEO of PSS Systems, and founder of the CGOC. “Today, it's incumbent upon outside counsel to ensure that their clients' holds are sufficient through first-hand knowledge which is remarkably complex. The corporate CGOC community combined with PSS Systems' unparalleled experience operationalizing tens of thousand holds provides a tremendous source of knowledge and insight for outside counsel needing to reduce their risks and increase their control and transparency.”

The CGOC Sidebar will host quarterly webinars to discuss best practices for managing the risks and control points related to managing client legal holds and ongoing discovery processes. Corporate legal leaders will provide their points of view on transparency, risk reduction, and increased control. The first will be held October 30th with guest speakers Tom Lahiff, former Assistant General Counsel at Citigroup and Deidre Paknad, President and CEO of PSS Systems. The first CGOC Sidebar event, “Reduce Your Risk & Increase Your Control”, intended specifically for outside counsel will take place at 12:30pm eastern standard time.

About CGOC
The CGOC is a community of experts in retention and preservation. Its charter is to create a forum in which legal and compliance executives can get the insight, interaction, and information they need to make good business decisions. It fulfills its charter through: Annual CGOC Summit, Spring Lunch Series, Executive Workshops, Fall Working Sessions. CGOC participation is limited to corporate managers and executives with responsibilities for litigation, discovery, and retention and records management and to outside counsel and professionals who have specific expertise in these areas. The organization was founded by Deidre Paknad, CEO of PSS Systems and a visionary in retention and preservation solutions, to create a continuing, high quality executive level exchange of expertise and information on these fast-changing business issues. For more information visit www.cgocouncil.com.

About PSS Systems
PSS Systems started the legal holds and retention management software revolution in the early 2000s by envisioning a change in the legal requirements corporations would have to comply with. Its Atlas software suite consists of two components that when used together reduce cost and risk. Atlas LCC streamlines the legal holds and collection processes end to end, while Atlas ERM enables corporate retention programs across disparate business units, information sources, and systems. Today, PSS Systems continues to lead the industry through their unparalleled innovation and has become the thought leader on retention and preservation topics. It founded and sponsors the CGOC, a professional community on retention and preservation. PSS Systems is headquartered in Mountain View, California, with offices throughout the United States including New York, Los Angeles, Chicago, and Houston. For more information visit http://www.pss-systems.com.

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