AXS-One and RenewData Introduce Solution for Proactive Litigation Readiness

AXS-One and RenewData announced an agreement that
will deliver a
complete offering for enterprise-class proactive litigation
readiness. An
industry first, the solution leverages RenewData’s market
leading
non-native data extraction, file filtering and data processing
technology
and processes and AXS-One’s award-winning archiving and
records management
software platform.

This consolidated offering enables IT and litigation teams
to proactively
plan for and manage the processing of all electronically
stored information
(ESI) required for litigation — identify, analyze, collect,
archive,
preserve, cull, review, produce and destroy. Uniquely, the
entire process
provides a legally defensible chain-of-custody process that
will enable
users to demonstrate the disposition of all pertinent records
in their
custody.

The solution includes RenewData’s forensic collection, data
extraction and
processing of historical data and backup tapes with AXS-One’s
archival and
indexing of all ESI. These archive records can include electronic
record
types including e-mail, PST files, records stored in file
systems,
reports, desktop documents and images. Leveraging AXS-One’s
single,
integrated archiving repository, all records pertaining
to a specific case
or cases can be preserved and managed, in line with litigation
hold orders.
Organizations now will have an unprecedented level of capability
in records
management, allowing them to archive all records, including
historical
data, within a designated central repository. Additionally,
the solution
provides corporations with the ability to use AXS-One’s
tools to search the
archive for potentially responsive information and to utilize
RenewData’s
hosted tools for comprehensive litigation review and production.

The solution directly addresses the requirements introduced
at the end of
2006 by the amended Federal Rules of Civil Procedure (FRCP),
which has
stimulated organizations to get their electronic records
in order or suffer
the consequences in the judicial system. To meet FRCP regulations,
which
require corporations to quickly produce large or specific
volumes of data,
organizations must have forensically sound chain-of-custody
procedures and
archiving abilities to ensure data is handled appropriately
in the event of
litigation.

"The AXS-One Compliance Platform coupled with RenewData’s
ESIRM services
creates an end-to-end solution that truly addresses current
legal realities
and can support a company in the event of litigation. The
solution not only
creates a single repository for all data, but also provides
for the secure
retention and disposition of it. Until now, there was a
disconnect between
the management of historical data and that of current data,
which presented
a challenge and a potential liability for corporations in
terms of records
management and archiving," said Bill Lyons, CEO, AXS-One.
"Other products
only address a portion of the electronic records lifecycle,
but this is a
complete solution that provides identification, de-duplication,
reduction,
consolidation and archiving processes resulting in the ability
to
proactively manage, retain, preserve, hold, export, and
dispose of current
and historical data."

"RenewData’s ESIRM Services have given corporations the
ability to
identify, de-duplicate, and reduce large amounts of data
stored on backup
tapes. With this joint solution, corporations can actively
archive current
data together with large stores of backup tapes or other
disparate legacy
formats. Given the costs and risks associated with e-discovery,
corporations must gain control of all their records including
historical
information. Corporations need to inventory the electronic
records they
have, develop retention policies and put those records in
a central archive
which can be managed and accessed in the future to ensure
they are
litigation-ready," said Ellery Buchanan, CEO, RenewData.

"Developments in the legal and regulatory landscape are
compelling
organizations to formalize and execute records and information
management
policies," said Vivian Tero, Program Manager, Compliance
Infrastructure,
IDC. "Archival solutions that can extend support beyond
email to multiple
file and content types and that include integrated functionality
for legal,
compliance, and operational worfklows are designed to address
this need."

AXS-One Inc.

RenewData