SOURCE: Mitratech

June 25, 2008 13:46 ET

Mitratech Releases TeamConnect® Litigation Hold to Reduce the Time, Costs, and Risks Associated With Evidence Preservation

TeamConnect Enables Organizations to Better Comply With Litigation Requests With Greater Control Over the Massive Amounts of ESI That Reside in Multiple Locations and Data Sources

LOS ANGELES, CA--(Marketwire - June 25, 2008) - Mitratech, a leading provider of software solutions for organizations to manage matters, risks, and ensure compliance, today announced the release of TeamConnect Litigation Hold. TeamConnect Litigation Hold helps legal departments generate faster, more accurate responses to judicial and governmental requests for evidence preservation.

Using the system, legal departments better respond to the obligation to preserve relevant materials associated with litigation and/or regulatory investigation. With a central storage for litigation hold-related data, counsel accurately identify impacted data sources, issue hold orders, manage custodians, and preserve the right documents. Additionally, TeamConnect's automated escalation path for non-responses alerts senior management to their level of discovery readiness.

Among the system's features is the ability to:

--  Draft and route hold orders for approval prior to distribution
--  Issue hold orders with full audit trails
--  Effectively manage non-responses with automated escalation paths
--  Track and manage distribution lists
--  Set automated refreshed on a hold order at a specified frequency
--  Report on hold orders that remain open
--  Communicate the release of the hold
    

With an optional integration to TeamConnect matter management, litigation hold records can be directly linked to the main matter for a comprehensive view of the case. The system replaces innumerable email requests and phone calls to ensure custodians are properly notified while the entire process is documented along with its associated matter.

"Recent regulations enforcing the duty to preserve have created yet another important obligation for the legal department," said Afshin Behnia, Mitratech President and CEO, "and this obligation has a substantial impact on the business in terms of the time, resources, risks, and potential court-ordered sanctions. In our commitment to streamline the legal department and deliver dramatic time and cost savings, we developed TeamConnect Litigation Hold to ensure a repeatable and defensible litigation hold process."

About Mitratech

Mitratech provides market-leading Collaborative Accountability Applications for businesses and their trusted partners. With team-oriented domain applications in legal process automation, governance, risk, compliance and security, Mitratech's TeamConnect Collaborative Accountability Suite improves transparency of financial reporting, reduces exposure to risk, and boosts operating discipline, information security and the efficiency of enterprise processes. Our Collaborati browser application also meets the accountability and collaboration needs of proliferating extraprise teams, wherein vendors, partners and service providers often have to be included in sensitive teamwork projects such as electronic billing, legal hold and collaborative budgeting, or those which expose your business to liability. For more information, please visit http://www.mitratech.com.