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Wave Software Acquires E.L. Native Review from Electronic Legal Software, LLC |
- ORLANDO, FL and DENVER, CO (October 25, 2010) - Orlando-based Wave Software, a leading provider of early case assessment, legal hold, litigation support and electronic data discovery technology for global corporations, today announced that it has acquired E.L. Native Review from Electronic Legal Software, LLC. E.L. Native Review for LexisNexis Concordance® streamlines the native document review process by displaying a document without the need to have the native application installed (e.g., Microsoft Office®). E.L. Native Review is currently integrated into Wave Software’s Trident Pro and the acquisition allows Wave Software to control more aspects of discovery technology from data creation to production and storage. Financial details of the acquisition were not disclosed.
Trident Pro’s culling and de-duplication module, along with its native file viewer, gives legal teams a clear picture of the type and volume of data that exists in a discovery collection. At this stage of pre-processing, only potentially relevant data is automatically bridged from Trident Pro to common review platforms such as Concordance, where reviewers can then mark documents as privileged or responsive. Concordance is a sophisticated case management software program designed to bring greater efficiency to case preparation by creating one consolidated database for searching, reviewing and annotating documents.
Trident Pro and E.L. Native Review combined extends the capabilities and functionality of Concordance and other common document review platforms. Trident Pro culls, de-duplicates and identifies near-duplicate discovery data in an easy three-step process. It has reduced data collections by about 25 percent, thus reducing the overall amount of time and money spent by clients for processing and attorney review.
“Wave Software has been a long-standing technology partner of Electronic Legal Software and LexisNexis Concordance, so clients will not feel any immediate impact of the acquisition,” said Robert E. Childress, III, co-founder and president of Wave Software. “Our technical support team is well prepared to immediately begin supporting E.L. Native Review clients. The future for this technology is bright and we do have plans to take this product and this company to the next level.”
Technical experts from Electronic Legal Software will work closely with Wave Software over the next 30 days to ensure a smooth transition.
Trent Walton, CEO of Electronic Legal Software, stated, “We have worked hard to make E.L. Native Review the best native review technology tailored to the needs of legal professionals and are excited that Wave Software intends to take it to the next level. Robert Childress and his development team have the technical capability to continue to expand this technology and help ensure E.L. Native Review reaches its full potential.”
More information on Wave Software can be found at www.discoverthewave.com. Follow Wave Software on Twitter and Facebook.
About Wave Software
Wave Software, based in Orlando, Florida, is a leading provider of early case assessment, legal hold, litigation support and electronic data discovery technology for global corporations. Wave’s flagship product, Trident Pro, provides the fastest, most accurate de-duplication, near-duplicate detection, regeneration and export of native and foreign language electronic files. Trident Pro includes Native Review Bridge technology that automatically maps and loads processed e-discovery data into kCura’s Relativity, CT Summation, iCONECT, LexisNexis Concordance and other common review platforms. Trident Pro software provides litigators in-house capability to cut down data sets to manageable amounts and then upload onto repositories for review and production. Trident Pro won the 2008 Socha-Gelbmann Top Provider award, 2009 ITFlorida award and two LTN Awards in 2009. For more information, visit www.discoverthewave.com.
Press Contact:
Arlene Otero
Wave Software
P: 888.225.6913
E: arlene.otero@discoverthewave.com
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Posted on:
Monday, October 25, 2010 01:10 PM |
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