TeraCloud Acquires Estorian

TeraCloud Corporation announced the acquisition of Bellevue, Wash.-based Estorian, Inc., and
the adoption of Estorian, Inc., as the company name. Estorian’s flagship
product, LookingGlass, is the first and only solution to offer interactive
intelligence that brings the worlds of e-mail archiving, retrieval and
e-discovery together in a single interface.

"LookingGlass is the new benchmark for companies interested in proactively
managing their e-mail archival, retrieval and e-discovery challenges," said
Estorian President and CEO Gary Tidd. "LookingGlass finds the right data
in the fastest and most cost-effective way to ‘preserve and produce
obligations’ consistent with the latest Federal e-discovery rules."

"LookingGlass is to litigation discovery what Google is to the Internet,"
said client Mark Walters, Walters Employment Law & Technology.

"The merger of TeraCloud and Estorian is the merger of storage resources
and business intelligence management," said IDC Research Manager Noemi
Greyzdorf. "The newly formed company has the building blocks necessary to
deliver solutions that can efficiently discover, plan, and manage
information assets."

Ron Higgins, founder and chief strategy officer of Estorian, began his work
on the LookingGlass market-defining technology five years ago while working
on a project for the U.S. Department of Justice. Today, LookingGlass
provides interactive intelligence for e-mail archival and retrieval, and
e-discovery, eliminating hundreds and in some cases thousands of hours of
IT and legal resources working to recover and secure sensitive government
and corporate information.

In 2005, Estorian Founder Ron Higgins hatched the idea for LookingGlass after completing a search for the defendant in a Federal investigation. The search took 24 hours a day, 7 days a week for three months and spent $1.86 million to retrieve and search 3.5 years of e-mail data to confirm the violation. Today, the same search with LookingGlass would cost a few dollars and take less than 5 minutes.

The September 11, 2001, terrorist communications were difficult to track because they all used the same e-mail account and communicated in draft e-mail form. There was no record of sent or received communication between the parties. LookingGlass interactive intelligence can search draft emails.

"Estorian is poised to bring data capture relief to Microsoft Exchange
environments where message journaling is taking its toll on 32-bit
systems," said DCIG Vice President Joshua L. Konkle. "Once the data is
captured, Estorian’s discovery interface provides e-discovery review cost
relief by way of intelligent collection. Intelligent collection reduces the
number of emails that go to e-discovery review, where document-review is a
minimum of $2.50 per document-page reviewed."

LookingGlass, which serves companies utilizing Microsoft Exchange, was
developed to flag all e-mail history and social networking in real-time,
whether it is part of sent, received or draft e-mail. LookingGlass offers
several other benefits:

• • Dynamic categorization function enables electronic messages and files to be classified and stored for easy access to reduce time and cost to retrieve, search and review.
  • Interceptor technology provides active e-mail archiving without the overhead associated with journaling, logging, mirroring or clustering.
  • Interactive intelligence engine provides forensic and real-time search. Exchange files, including backup, are read directly into the index/archive.
  • Complex searches are retrieved by a simple point and click in a matter of seconds.
  • Instant access to corporate communication inside and outside the company, including attachments.

"Eighty percent of electronic discovery events involve e-mail, requiring
organizations to invest in solutions like LookingGlass that are capable of
e-mail archiving and then also quickly and easily retrieving information,"
said Enterprise Strategy Group Analyst Bob Laliberte. "LookingGlass
delivers impressive functionality integrated with an easy to use
interface."

Estorian, Inc. (formerly TeraCloud Corporation)