SOURCE: Recommind

Recommind

October 28, 2009 17:00 ET

Leading Analyst Firm Names Recommind an Innovative Information Access Company Under $100M to Watch

SAN FRANCISCO, CA--(Marketwire - October 28, 2009) - Recommind, a leader in search-powered information-risk management (IRM) software, today announced that IDC, a leading provider of global IT research and advice, has included the company on its list of the 'Innovative Information Access Companies Under $100M to Watch.' (1)

IDC's 'Innovative Information Access Companies Under $100M to Watch' award recognizes companies that exemplify trends driving change in information access and management strategies.

The authors of the IDC report said: "Recommind's business solutions meet IDC's criteria for an innovative information-access company. Its applications solve current pressing business problems, bring significant return on investment (as well as risk mitigation), and unify access to multiple disparate sources of information."

"We have worked very hard to maintain our focus on solving the most vexing information management challenges faced by enterprises," said Recommind CEO Robert Tennant. "Our patented CORE™ technology platform, along with our unique partnering approach, enables our customers to achieve clear ROI and tremendous gains in efficiency. We are honored by this recognition from such an esteemed organization as IDC, and we look forward to accelerating our success into 2010 and beyond."

(1) IDC, Innovative Information Access Companies Under $100 Million to Watch, Doc # 220450, October 2009

About Recommind Inc.

Recommind's search-powered Information Risk Management (IRM) platform automatically accesses, organizes, collects and analyzes large volumes of information from myriad sources to address an enterprise's critical eDiscovery, compliance, e-mail categorization and knowledge management needs. With faster, more accurate access to and greater control over information, organizations can lower risk, improve productivity, increase the value of information assets, and improve competitiveness and profits. Recommind customers include Bertelsmann, BMW, DLA Piper, Eversheds, Novartis, Shearman & Sterling and Verizon. Recommind is headquartered in San Francisco and has offices in New York, Atlanta, Boston, Chicago, Houston, Washington DC, London, and Bonn, Germany. For more information, e-mail info@recommind.com, or go to http://www.recommind.com.

About the Innovative Information Access Companies Under $100M to Watch Report

IDC's "Companies to Watch" reports are a qualitative evaluation of a set of vendors within a specific market -- they are not a stack ranking nor do they represent an exhaustive evaluation of all companies in a segment or a comparative ranking of the companies in the report.

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