July 8th, 2008 –
Electronic Evidence Discovery, Inc. Completes Purchase of Daticon, LLC

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Press Release

 


Electronic Evidence Discovery, Inc. Announces Definitive Agreement to Purchase Daticon, LLC to Better Serve Corporations and Law Firms in the Northeast

Acquisition of leading Connecticut-based eDiscovery company strengthens EED’s Northeast regional presence, consulting and project management expertise and on-site services

KIRKLAND, WA — June 5, 2008

Electronic Evidence Discovery, Inc. (EED®), a leading national provider of eDiscovery services, today announced that it has reached a definitive agreement to purchase Daticon, LLC.  Daticon, which provides early case assessment, electronic discovery, consulting and archive services for law firms, corporations and government agencies, has a strong presence in the Northeastern United States, including preferred provider relationships with leading law firms and Fortune 250 corporations.  The Daticon acquisition merges the skills and experience of the Daticon staff with EED’s consulting and project management services capability, broadens the company’s portfolio of on-site services and provides EED with a regional processing facility in the Northeast.

“The acquisition of Daticon allows us to better serve the full range of our customers’ eDiscovery and review requirements, including eDiscovery consulting services across all 14 phases of the EED methodology, on-site services and hosted review or simpler evidence processing,“ said Dave McCann, CEO of EED, Inc. “Fortune 500 corporations are striving to establish best practices and automate them to eliminate risk and cost. Merging our two skill sets will help us to better serve the 85 largest law firms and more than 200 corporations in the Fortune 500 that operate in the Northeastern region. We view the acquisition of Daticon as a strategic investment in customer service.”

EED chose to acquire Daticon because of its experienced and skilled staff — which has served the New York market for more than 10 years — and established base of loyal corporate clients built by their strong track record of providing on-site eDiscovery services.

“Consulting and project management methodology and professional competence are as important to the success of eDiscovery as software technology, if not more so,” said Mike Jahnke, VP & GM of Daticon. “I see EED’s acquisition of Daticon as a tremendous combination of two companies whose combined skill sets, methodologies and intellectual property will result in a higher level of service and innovation for clients. The challenge of repeatable, high quality and cost efficient eDiscovery is a significant one for any Fortune 500 corporation, particularly in light of recent amendments to the Federal Rules of Civil Procedure.”

Daticon’s service offerings coupled with EED’s market leading Discovery Partner®  review and hosting platform and Discovery Process eXcellence (DPX) project management service will better serve the complete eDiscovery needs of large corporations and law firms.  The company will be able to handle cases of all sizes — small, medium and large — through its Northeast facility. 

“The merger of EED and Daticon is one of the first consolidations of two proven service providers in the eDiscovery Services market,” said George Socha, founder of the consulting and analyst firm, Socha Consulting. “Daticon and EED have been consistently ranked as top providers in the annual Socha-Gelbmann survey.  EED has a strong reputation for handling large and complex cases. Daticon has been strong in the New York and wider Northeastern markets. This is a potentially powerful combination that indicates that the market is seeking larger providers with broad reach. EED is responding aggressively to this change in the market and we expect to see similar moves by other vendors.”

EED will, upon closing the acquisition, have local service capabilities in Seattle, London, Norwich, Conn., and Los Angeles, enabling the company to provide more convenient and efficient service for cases of all sizes for clients throughout North America and Western Europe.  EED will continue to offer convenient local evidence collection and rapid file conversion and processing under the EED-Daticon brand for customers in the Northeast.

About Electronic Evidence Discovery
EED is the pioneer of litigation hosting technology and electronic discovery services. For more than a decade, we have reduced the cost and time required for eDiscovery in over a thousand high-risk cases. Our eDiscovery experts, who come from law firms, corporations, and the technology industry, understand the complexity and risk involved in evidence management for large matters. Our clients — 60 percent of the Fortune 500 and 45 percent of the NLJ 250 — value our unmatched expertise, thought leadership and results. Through integration of our proven methodology, people and tools, EED delivers results that meet and surpass clients' expectations. EED is headquartered in Kirkland, WA with regional operations in Chicago, New York, Washington, DC, and London, and client relationship offices in California, Texas, and Ohio. For more information visit www.eedinc.com

Media Contacts:
Megan Miller
Electronic Evidence Discovery, Inc.
206-343-0131 
mmiller@eedinc.com
  Chris Warfield
Sterling Communications, Inc.
206-388-5758
cwarfield@sterlingpr.com
 
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