Press Releases

Back to Press Release

FTI Consulting to Beta Test DiscoveryBox, Companies Enter Into Partnership Agreement

Leading global business advisory firm to adopt innovative and comprehensive legal hold and e-discovery solution

Chicago, Illinois, March 12, 2008

DiscoveryBox, designer of the only enterprise-class, fully-integrated, end-to-end legal hold and electronic discovery management software, announced today that its product has been selected by FTI Consulting, Inc. (“FTI”) (NYSE: FCN) to be implemented on a beta test basis. The agreement also provides that FTI will provide consulting services to DiscoveryBox and to clients seeking to implement an in-house legal hold solution.

“To truly see a significant ROI on an e-discovery solution, our clients require a comprehensive solution that makes the electronic discovery process more efficient and effective. DiscoveryBox has tremendous promise for delivering on this vision,” said Adam Bendell, Senior Managing Director of FTI. “Particularly for clients with existing Documentum infrastructure, DiscoveryBox provides perhaps the quickest path to a legal hold solution that will scale across the enterprise.”

With its unique Legal Hold Repository, DiscoveryBox allows companies to preserve documents in an independent repository that is free from normal document destruction policies. Through a Legal Hold Manager, managers and high-level executives have the ability to manage the full range of e-discovery matters, assign review responsibilities and issue and track all legal holds across the enterprise. Significantly, DiscoveryBox also creates tremendous value to companies by allowing documents to be re-used across multiple matters. Frequently, multiple lawsuits spring from the same set of facts, and companies waste untold amounts of time and money collecting and reviewing the same documents over and over again. DiscoveryBox puts an end to needless duplication of work.

“The fact that FTI chose to partner with us validates DiscoveryBox’s unique position in the marketplace and the comprehensive solution we provide,” said Riki Fujitani, president of DiscoveryBox. “We are pleased to be collaborating with such a known leader in the electronic discovery and consulting space and look forward to an extremely productive relationship.”

DiscoveryBox is demonstrating its solution at the 2008 ABA TECHSHOW at The Hilton Chicago, March 13-15, where the company is exhibiting at booth #918.

Background

Under the Federal Rules of Civil Procedure that took effect in December 2006, companies must preserve potentially relevant information, including electronically stored information, for possible production in litigation. These rules present corporations with the most compelling compliance mandate since the Sarbanes-Oxley Act. Companies that fail to meet those standards risk costly court sanctions and adverse judgments.

About FTI Consulting

FTI Consulting is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 2,800 professionals located in most major business centers in the world, FTI Consulting works closely with clients every day to anticipate, illuminate, and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management and restructuring. More information can be found at www.fticonsulting.com.

About DiscoveryBox

DiscoveryBox is the only enterprise-class, fully-integrated, legal hold and electronic discovery management software with an end-to-end solution addressing the collection, preservation, management, review and production of electronic discovery.

Media Contact:

Elisabeth Hershman | Van Prooyen Greenfield LLP | ehershman@vpgllp.com | 212-289-6734

Back to Press Release