Friday, June 06, 2008

Electronic Evidence Discovery, Inc. Announces Definitive Agreement to Purchase Daticon, LLC

KIRKLAND, Wash. — 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.”

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