Epiq Systems, Inc., a premier provider of technology solutions to the legal profession, and Equivio, the provider of software for managing data redundancy, today announced that Epiq has incorporated Equivio's proprietary document prioritization technology into IQ Review™.
New York, NY and Kensington, MD (PRWEB) November 17, 2009 -- Epiq Systems, Inc., (NASDAQ:EPIQ), a premier provider of technology solutions to the legal profession, and Equivio, the provider of software for managing data redundancy, today announced that Epiq has incorporated Equivio's proprietary document prioritization technology into IQ Review™.
Epiq's IQ Review™ solution provides lawyers with the ability to reduce the document collection that must be reviewed, identify responsive documents and prioritize them before review commences. This process facilitates early case assessment and allows attorneys to focus on strategy earlier in the discovery process, while significantly reducing review costs. As part of its IQ Review™ solution, Epiq Systems has integrated Equivio>Relevance™ into its proprietary discovery management platform, DocuMatrix™.
"Typically, less than 20 percent of documents in a collection are actually responsive to a given matter," said Greg Wildisen, International Managing Director, Epiq Systems. "Through its integration with Equivio>Relevance™, Epiq's IQ Review™ solution allows legal teams to concentrate their efforts on responsive documents. Using DocuMatrix™ review accelerators and customized workflows, IQ Review saves our clients significant time and money that would otherwise have been spent reviewing non-responsive material."
Equivio>Relevance™ is an expert-guided system that enhances the e-discovery process through automated document prioritization. Using statistical and self-learning techniques based on initial input from a lead attorney, Equivio>Relevance™ calculates relevance scores for each document in the data collection. By scoring the review set according to relevance rankings, Equivio enables the prioritization of documents so that attorneys can immediately zero in on the most relevant material.
"As a leading provider of innovative technology solutions for e-discovery and document review, Epiq offers solutions that introduce a higher level of flexibility and control into early case assessment, culling and review," said Amir Milo, CEO of Equivio. "With Equivio>Relevance™ technology included as a part of IQ Review™, Epiq clients will uncover key information at the outset of the review process, with enhanced accuracy and less effort."
About Epiq Systems Inc.
Epiq Systems is a leading global provider of integrated technology solutions for the legal profession. Our solutions streamline the administration of bankruptcy, litigation, financial transactions and regulatory compliance matters. We offer innovative technology for electronic discovery, document review, legal notification, claims administration and controlled disbursement of funds. Our clients include leading law firms, corporate legal departments, bankruptcy trustees and other professional advisors who require innovative technology, responsive service and deep subject-matter expertise. For more information, please visit www.epiqsystems.com.
About Equivio
Equivio enables the management of data redundancy in content-centric business processes. Equivio's technology zooms in on unique data, allowing you to read less, think more, win big™. With products for grouping near-duplicates, capturing email threads and determining document relevance, Equivio powers a broad range of business applications, including eDiscovery, early case assessment, data retention, corporate investigations and intelligence. To learn more about winning with Equivio, visit www.equivio.com.
CONTACT INFORMATION:
For Equivio:
Warwick Sharp
800.851.1965
www.equivio.com
Epiq Systems client inquiries:
Greg Wildisen
212-225-9282
Epiq Systems press inquiries:
Cindy Morgan-Olson
646-408-5896
Epiq Systems investor inquiries:
Lew Schroeber
913-621-9500
http://iQReview.epiqsystems.com
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[Via Legal / Law]
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