CommVault Collaborates with Industry-Leading Organizations to Continue Driving Awareness of Electronic Discovery
CommVault Advances Support for Electronic Discovery Reference
Model
CommVault Participates in The Sedona Conference(R) RFP+ Vendor
Panel
OCEANPORT, N.J.--(BUSINESS WIRE)--Aug. 26, 2008--CommVault (NASDAQ: CVLT) -
-- eDiscovery will play a significant role in enterprise computing as
organizations deal with increased litigation and financial risk
caused by the proliferation of electronically stored information
(ESI). Furthering its commitment to the advancement of industry
standards in eDiscovery and archiving, CommVault will participate in
the Electronic Discovery Reference Model (EDRM), a foundational
organization created to develop guidelines and standards for
eDiscovery consumers and providers.
-- The EDRM provides a common, flexible and extensible framework for
the development, selection, evaluation and use of eDiscovery products
and services. CommVault joins more than 80 organizations in the EDRM
that are focused on discovery management, with a particular emphasis
on technology-based solutions.
-- With a long-standing history of advancing eDiscovery technology and
many organizations already using the CommVault(R) Simpana(R) 7.0
Software suite to address the identification, collection,
preservation (Legal Hold) and analysis of data, customers are assured
that through CommVault's participation in the EDRM, their evolving
data and information management needs will be met as the move to
adopt more stringent processes for storing ESI continues.
Specifically, CommVault customers can benefit from CommVault's
efforts to reduce the cost, time and manual work associated with
eDiscovery.
-- EDRM consists of a series of projects designed to educate
eDiscovery consumers and providers, enable the integration of
multiple e-discovery technologies and streamline eDiscovery
processes. To help drive this awareness, CommVault is participating
in the following initiatives:
-- EDRM Evergreen - As part of this initiative, CommVault assists
in ensuring that the EDRM remains current, practical and relevant
to the industry as eDiscovery practices evolve. CommVault works
to deliver solutions that address the various stages of the EDRM
model while educating end-users on making effective use of the
model.
-- EDRM Metrics - This project provides an effective means of
measuring the time, money and volumes associated with eDiscovery
activities. As part of the Metrics model group, CommVault is
helping create tracking, reporting and measurement protocols to
assess e-discovery activities, and, to the extent metrics data
becomes available, begin analysis of that data.
-- EDRM Search - This project provides a framework for defining
and managing various aspects of Search, as applied to the
eDiscovery workflow. CommVault will share best practices around
culling and locating ESI. By specifying the type of search, its
behavior and expected results, CommVault can address the
uncertainty and incompleteness sometimes associated with search
related actions.
CommVault Participates in the RFP+ Vendor Panel of The Sedona Conference(R)
-- As an extension and further validation of CommVault's
expertise in the identification, preservation and collection
of ESI, CommVault has become a member of The Sedona
Conference(R) RFP+ Vendor Panel, whose goal is to help users
of eDiscovery vendors develop RFI's and RFP's in a manner that
allows for more effective communication between user and
vendor, enhanced ability to compare apples to apples, and
ultimately, reduced transaction costs and more predictable
outcomes.
-- As a member of the RFP+ Vendor Panel, CommVault helps provide
tools and guidance for end users submitting RFP's for
eDiscovery solutions. The seamless integration of eDiscovery
functionality within the CommVault Simpana software suite
further broadens CommVault's ability to discover all types of
data with a single unified console. Since its formation in
2004, The Sedona Conference(R) RFP+ Sub Group has developed
its Best Practices for the Selection of eDiscovery Vendors and
The Sedona Conference(R) Glossary (2005 versions and new,
updated, 2007 versions), both of which have become standards
in the industry. The RFP+ Vendor Panel as a group also
consults with The Sedona Conference(R) Working Group on
Electronic Document Retention and Production on Commentaries
and Guidelines related to eDiscovery including search and
retrieval, quality control in the production of ESI, and
related topics.
-- The Sedona Conference(R) is an internationally renowned,
nonprofit, non-partisan, 501(c)(3) law & policy think-tank
founded in 1997, dedicated to the advancement of law and
policy in the areas of antitrust law, complex litigation and
intellectual property rights.
Supporting Quotes
-- "CommVault is pleased to extend its support to the EDRM
project and commit more broadly to industry-wide initiatives
such as The Sedona Conference. Our participation in the
advancement of eDiscovery technology, particularly in reducing
the risk, management and cost of all phases in the eDiscovery
lifecycle, reflects our corporate commitment to solving the
business challenges that our customers are most concerned
with. Our customers can have the confidence that we offer the
technology solutions they need to address their legal and
litigation eDiscovery inquiries," said Mike Marchi,
CommVault's vice president of product and segment marketing.
-- "We are pleased to add CommVault to our roster of EDRM
participants - thought leaders working together to improve the
electronic discovery industry. It is through the efforts of
CommVault and the other EDRM participants that we are able to
establish guidelines and set standards for addressing the
issues raised by electronic discovery," said George J. Socha,
president of Socha Consulting LLC and founder of the EDRM.
-- "The Sedona Conference RFP+ Vendor Panel was formed out of a
desire to provide a forum for eDiscovery vendors to come
together to help develop tools that are designed to allow them
the ability to compete fairly on the basis of quality and cost
in a manner transparent to the end user. In becoming an RFP+
Vendor Panel member, CommVault joins over 40 eDiscovery
companies interested in improving communications in the
marketplace between eDiscovery vendors and their customers,
and to improve the quality and predictability of outcomes. We
are looking forward to CommVault's contribution to the
dialogue engaged in by the RFP+ Vendor Panel working towards
the common goal of finding win-win situations for eDiscovery
vendors and their customers," said Richard G. Braman, Esq.,
founder and executive director of The Sedona Conference.
Supporting Resources
-- Learn about CommVault's Legal Discovery solution
-- Download the CommVault Whitepaper: "Addressing eDiscovery and
Legal Hold requirements with CommVault"
-- CommVault Simpana Software Delivers New eDiscovery and Legal
Hold Capabilities
-- Read more about the EDRM guidelines and standards
-- Read about the CommVault and Clearwell relationship
About EDRM
The Electronic Discovery Reference Model (EDRM) Project was launched in 2005 to address the lack of standards and guidelines in the electronic discovery market. The completed reference model provides a common, flexible and extensible framework for the development, selection, evaluation and use of electronic discovery products and services. Information about EDRM is available at http://www.edrm.net.
About Sedona Conference
The Sedona Conference(R) is a nonprofit, 501(c)(3) research and educational institute dedicated to the advanced study of law and policy in the areas of antitrust law, complex litigation, and intellectual property rights. Through a combination of Conferences, Working Groups, and the "magic" of dialogue, The Sedona Conference(R) seeks to move the law forward in a reasoned and just way. The Sedona Conference(R) succeeds through the generous contributions of time by its faculties and Working Group members, and is able to fund its operations primarily through the financial support of its members, conference registrants, and sponsorships.
About CommVault
A singular vision -- a belief in a better way to address current and future data management needs -- guides CommVault in the development of Singular Information Management(R) solutions for high-performance data protection, universal availability and simplified management of data on complex storage networks. CommVault's exclusive single-platform architecture gives companies unprecedented control over data growth, costs and risk. CommVault's Simpana(R) software suite of products was designed to work together seamlessly from the ground up, sharing a single code and common function set, to deliver superlative Data Protection, Archive, Replication, Search and Resource Management capabilities. More companies every day join those who have discovered the unparalleled efficiency, performance, reliability, and control only CommVault can offer. Information about CommVault is available at www.commvault.com. CommVault's corporate headquarters is located in Oceanport, New Jersey in the United States. (cvlt-pt)
Safe Harbor Statement
Customers' results may differ materially from those stated herein; CommVault does not guarantee that all customers can achieve benefits similar to those stated above. This press release may contain forward-looking statements, including statements regarding financial projections, which are subject to risks and uncertainties, such as competitive factors, difficulties and delays inherent in the development, manufacturing, marketing and sale of software products and related services, general economic conditions and others. Statements regarding CommVault's beliefs, plans, expectations or intentions regarding the future are forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from anticipated results. CommVault does not undertake to update its forward-looking statements.
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SOURCE: CommVault