Navigant Consulting and Stratify, Inc. Formalize Strategic Partnership to Provide Integrated eDiscovery Solutions
Creates Unique End-to-End eDiscovery Solution for Law Firms and Legal Departments
CHICAGO and MOUNTAIN VIEW, CA – September 24, 2008 - Navigant Consulting, Inc. (NYSE: NCI), a global consulting firm providing dispute, investigative, operational, risk management and financial advisory solutions, and Stratify, Inc., a subsidiary of Iron Mountain Incorporated (NYSE: IRM) and leading global eDiscovery service provider, announce today that they have formalized a strategic partnership to provide law firms and legal departments with an end-to-end eDiscovery solution for early case assessment and high-productivity review.
Since 2005 Navigant Consulting and Stratify have successfully partnered on over 50 complex eDiscovery projects involving identification, preservation, collection, processing, review, analysis and production overseen by shared project management on eDiscovery matters. Navigant Consulting’s eDiscovery project management expertise combined with Stratify’s dynamic eDiscovery solution will offer major corporations and their legal counsel powerful and cost effective capabilities for fast and accurate document reviews in response to regulatory investigations and litigation. In addition, Navigant Consulting will integrate its Microsoft SharePoint technology with Stratify’s eDiscovery review environment to provide clients greater visibility into the status of their projects.
“Our strategic partnership with Stratify will provide companies with dynamic and unparalleled options to solve their most complex eDiscovery issues,” said Richard Finkelman, Managing Director and leader of Navigant Consulting’s Discovery Services practice. “A key element of the end-to-end service offering will be the integration between Navigant Consulting’s Discovery Portal and the Stratify Legal Discovery™ service. Clients will be able to access project information from the earliest preservation and collection efforts to the processing reports and review metrics. The ability to manage end-to-end eDiscovery information from one convenient and central location is a primary goal of the technology sharing,” added Finkelman.
“Working together, Navigant Consulting and Stratify have provided us with highly efficient and cost-effective electronic discovery services” stated Felix Woo, Partner at Sonnenschein, Nath and Rosenthal LLP. “The advanced concept-based review capabilities of the Stratify Legal Discovery service enable us to quickly grasp important people, issues and documents. Navigant Consulting’s expertise with Stratify’s solution in complex matters has been invaluable helping us develop our eDiscovery strategy and optimize our workflow. This strategic alliance provides real value, and we look forward to how it will continue to help us work smarter and more efficiently to drive down the total cost of review.”
The Navigant Consulting-Stratify alliance will also focus on the emerging trend of corporate customers extending their preservation processes to include initial filtering and data analysis earlier in eDiscovery matters. Stratify and Navigant Consulting will work together to address the underlying drivers of cost savings and data security by piloting enterprise technology that will allow Navigant Consulting’s corporate clients to conduct initial processing and analytics and track the results in SharePoint.
“Based on continued feedback from our shared clients we believe the eDiscovery market will embrace this truly unique business approach,” said Ramana Venkata, Senior Vice President at Iron Mountain, and Stratify’s General Manager. “Our clients appreciate the easy-to-use, sophisticated and cost-saving capabilities of the Stratify Legal Discovery service and will further benefit from Navigant Consulting’s advanced consulting, data collection and project management expertise. We look forward to continuing our strong working relationship with Navigant and providing clients a truly flexible, cost effective solution to their eDiscovery needs.”
The Stratify Legal Discovery service provides one of the most comprehensive, easy-to-use and reliable eDiscovery solutions for early case assessment and efficient review. Advanced document processing capabilities accelerate the document review process by eliminating most of the expensive and inaccurate document coding and segregation that commonly occurs during document review. As part of the alliance, Navigant Project Managers and Stratify’s worldwide services team will enhance their existing training programs to enable them to help clients use the Stratify Legal Discovery service to drive high-productivity reviews.
About Navigant Consulting, Inc.
Navigant Consulting, Inc. (NYSE:NCI) is a specialized independent consulting firm providing dispute, financial, regulatory and operational advisory services to government agencies, legal counsel and large companies facing the challenges of uncertainty, risk, distress and significant change. The Company focuses on industries undergoing substantial regulatory or structural change including healthcare, energy and financial and insurance services, and on the issues driving these transformations. "Navigant" is a service mark of Navigant International, Inc. Navigant Consulting, Inc. (NCI) is not affiliated, associated, or in any way connected with Navigant International, Inc. and NCI's use of "Navigant" is made under license from Navigant International, Inc. More information about Navigant Consulting can be found at www.navigantconsulting.com.
About Stratify, Inc.
The Stratify Legal Discovery™ service provides one of the most comprehensive, easy-to-use and reliable technology-assisted eDiscovery capabilities for early case assessment and efficient review. Stratify has consistently introduced innovative eDiscovery capabilities including concept-based review, near-duplicate detection and document and visual email analytics that enable customers to achieve review rates that are significantly faster than in-house systems and other online review systems. Stratify’s ability to securely manage documents through the entire discovery lifecycle regardless of language and across countries and continents removes all barriers to in-depth eDiscovery for clients active in today’s expanding global economy.
Stratify, Inc., an Iron Mountain Company, is one of the largest electronic discovery solution providers in the world today, serving a large portion of the AmLaw 200 and leading Fortune 500 corporations. Stratify is headquartered in Mountain View, California and maintains a significant regional presence in Boston, Massachusetts. For more information about Stratify, please visit www.stratify.com.
About Iron Mountain
Iron Mountain Incorporated (NYSE: IRM) helps organizations around the world reduce the costs and risks associated with information protection and storage. The Company offers comprehensive records management and data protection solutions, along with the expertise and experience to address complex information challenges such as rising storage costs, litigation, regulatory compliance and disaster recovery. Founded in 1951, Iron Mountain is a trusted partner to more than 100,000 corporate clients throughout North America, Europe, Latin American and Asia Pacific. For more information, visit the Company's Web site at www.ironmountain.com.
Stratify and Iron Mountain are registered trademarks, and Stratify Legal Discovery is a trademark, of Iron Mountain, Inc.
Shannon Prown Marketing Director Navigant Consulting (215) 832-4436 firstname.lastname@example.org
Derek Delano for Stratify, Inc. Vice President Weber Shandwick (617) 520-7120 email@example.com