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Recommind Announces Strategic Partnership with Open Text to Create End-to-End Legal Hold Platform

Partnership integrates the Open Text Enterprise Content Management Suite with Recommind’s Insite Legal Hold™, Allowing Enterprises to Automatically Identify, Explore, Collect and Preserve Data

SAN FRANCISCO and CHICAGO - December 09, 2008

Recommind, a leading provider of enterprise search, email management and eDiscovery systems, and Open Text, a global leader in enterprise content management (ECM), today announced a strategic alliance that combines Recommind’s Insite Legal Hold™ application with Open Text’s ECM Suite. The integration adds key early case assessment capabilities to the ECM Suite and allows enterprises to quickly, accurately and automatically identify, explore, collect and preserve data directly from within the ECM Suite.

In today’s turbulent financial climate, enterprises face a critical need to manage information for regulatory, investigatory and litigation-related purposes. The combined Open Text/Recommind platform gives enterprises the accuracy, speed and effectiveness necessary to comply with government regulations, prepare and protect themselves from impending litigation and efficiently store and preserve invaluable data. Open Text announced in a separate release today (http://www.opentext.com/news) that it will offer the solution as Open Text eDiscovery Early Case Assessment powered by Recommind.

Completely unique in the industry, Insite Legal Hold uses proprietary Explore in Place™ technology to locate and analyze information where it resides before it is collected and placed on hold in response to an investigation or lawsuit. This paradigm shift in legal hold methodology allows enterprises to quickly and accurately collect and hold only the data necessary for any given investigation or legal proceeding in a highly defensible manner. Using Recommind’s award-winning conceptual search and auto-categorization technology, Insite Legal Hold also automatically identifies and collects any newly created information which may be relevant to a given legal hold, while automatically organizing all information by more than 20 key parameters like concept group, file type, language and key phrase, supporting instant analysis of data prior to a hold being executed. These features make Insite Legal Hold the most advanced solution able to help companies to dramatically improve the speed and accuracy of the legal hold process while drastically reducing the cost across the entire eDiscovery spectrum. Having this functionality accessible from within the Open Text ECM Suite will enable Open Text customers and prospects to employ the broadest, most powerful ECM and eDiscovery platform on the market today.

Executive quote

“This partnership of two industry leaders with a wealth of experience and expertise represents a significant step forward in helping organizations reduce risk, yet still provide the highest level of accuracy and efficiency throughout the investigatory and litigation review processes,” said Robert Tennant, CEO, Recommind. “The average Fortune 500 enterprise is faced with over 150 lawsuits in a given year; this, along with a host of other factors, has made the ability to quickly and efficiently gain insight into and respond to the deluge of internal and external investigations and lawsuits business critical. Combining Insite Legal Hold’s innovative technology and processes with Open Text’s content and records management capabilities will offer our collective customers, prospects and partners a fully integrated, best of breed solution unmatched in the industry.”

About the company

About Open Text Corporation
Open Text, an enterprise software company and leader in enterprise content management, helps organizations manage and gain the true value of their business content. Open Text brings two decades of expertise supporting 46,000 customers and millions of users in 114 countries. Working with our customers and partners, we bring together leading Content Experts™ to help organizations capture and preserve corporate memory, increase brand equity, automate processes, mitigate risk, manage compliance and improve competitiveness.
For more information, visit www.opentext.com

About Recommind, Inc.
Recommind’s enterprise search and categorization platform automatically organizes, manages, and distributes large volumes of information from multiple sources. With faster access to the right information, organizations can save time, enhance the quality of work product, increase the value of information assets, and improve competitiveness and profits. Recommind customers include the Australian Government, Bertelsmann, BMW, Cleary Gottlieb, Davies Arnold Cooper, Novartis, Lewis Silkin, Shearman & Sterling. Recommind is headquartered in San Francisco and has offices in New York, Chicago, Boston, Atlanta, London, and Bonn, Germany.
For more information, email info@recommind.com, or go to www.recommind.com.

Contact details

Chris Ulbrich
LEWIS PR for Recommind
tel: 415 992 4400
recommind@lewispr.com

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Recommind Announces Strategic Partnership with Open Text to Create End-to-End Legal Hold Platform

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About the company

Contact details