Thursday, February 02, 2012

HSSK Forensics Announces the Closing of the Sale to Ricoh Americas, Inc.

Houston, TX -- February 02, 2012

Hill Schwartz Spilker Keller LLC, a leading professional services firm devoted to Business Valuation and Litigation Consulting, announced on Monday that a definitive agreement has been signed to sell HSSK Forensics, Inc., a state-of-the-art computer forensics and electronic discovery provider to Ricoh Americas, Inc. Ricoh will gain HSSK Forensics’ RemloxTM Remote Acquisition technology and the HSSK Forensics lab in Houston, TX, the first private computer forensics lab accredited by the American Society of Crime Laboratory Directors/Laboratory Accreditation Board (ASCLD/LAB).

“As a part of HSSK LLC, HSSK Forensics, Inc. developed and commercialized the Remlox remote acquisition technology as well as other technologies to improve the speed and efficiency of acquiring and processing electronically stored information," said Mike Hill, Sr., President of HSSK LLC. Computer forensics grew from HSSK LLC's regular financial forensics practice and eventually became an affiliated entity known as HSSK Forensics, Inc. HSSK, LLC continues to practice financial forensics today, and HSSK LLC has always valued the added advantage of technology in order to deliver better valuation, litigation, and financial forensics services.

Ricoh will integrate Remlox and the HSSK Forensics lab as part of Ricoh’s eDiscovery suite of services, expanding its technology and service offering in computer forensics and eDiscovery for corporate counsel and supporting law firms, providing a complete solution for the identification, collection, verification, logging and analysis of electronic data. The agreement also brings the experience of HSSK Forensic’s management team and employees to Ricoh, including years of testifying experience. David Greetham, HSSK Forensics’ Managing Director of the Computer Forensics & E-Discovery Group, will become National Director of Forensic Services.

As with HSSK Forensics, HSSK employs some of the most experienced and knowledgeable professionals in business valuation. Its management team includes two of only fourteen business valuation Fellows of the American Society of Appraisers. Its bankruptcy and financial forensics practices are led by two individuals with over fifty years of combined courtroom experience. HSSK assists clients in quantifying and articulating value for financial reporting, taxation, transaction, and corporate planning purposes. It also works with clients involved in filed and pending litigation and disputes by providing valuation services, financial forensics, financial damage determination, and bankruptcy related services, including serving as financial advisors to parties, as trustees and as examiners.

HSSK LLC continues to offer industry-leading services in business valuation, litigation consulting, and financial forensics to the corporate, legal, and professional communities. The sale of HSSK Forensics, Inc. as a valuable technological asset is an example of the ingenuity and innovation used throughout all of HSSK's services and offerings in order to deliver best-in-class solutions to its distinguished portfolio of Fortune 500 clients.

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