LIT Group Adds Equivio Technology to Power Tools for Smart Litigators(TM)

Houston, TX (PRWEB) August 19, 2005 –

LIT Group, a global leader in legal information management, announced today that it offers a new tool for detection of near-duplicate files, based on patent-pending technology from Equivio. Through deployment of Equivio’s software, LIT Group is able to significantly reduce the cost and effort that law firms and corporate legal departments need to invest in legal discovery and litigation review of both electronic and paper document collections.

“Equivio offers a highly effective solution for the near-duplicate problem our clients face in the review process,” said Shawn Edwards, Executive Director, LIT Group, Inc./LIT Group, UK. “In litigation scenarios, near-duplicates can have a huge impact on the time and expense of discovery. By identifying and clustering near-duplicate documents, we enable a drastic reduction in both time and cost.”

Though Equivio is primarily used with electronic collections, it is also highly effective for paper collections. In trials of the technology, LIT Group examined a large collection of hardcopy printed from a custodian’s email file. The hardcopy was OCR’d and, using Equivio, compared with the electronic copies to determine which of the paper documents were near-duplicates.

“The partnership with Equivio illustrates how LIT Group creates value for its customers,” stated Steven S. McNew, President of LIT Group, Inc./LIT Group, UK. “We are constantly screening new technologies as we seek inventive ways to address our customers’ needs. Equivio is a perfect match to meet one of these needs, and the response of our customers has been exceptionally positive. Law firms and corporate counsel instantly recognize that Equivio provides a unique capability that generates real and immediate cost savings.”

“We are delighted to be working with an innovative company like LIT Group,” said Amir Milo, CEO of Equivio. “Since launching the product earlier this year, we have shown that Equivio’s ability to group near-duplicates generates savings that often reach 40% of litigation review costs. We firmly believe that our technology will drive huge benefits for LIT Group’s client base.”

About LIT Group, Inc.

LIT Group, Inc. (www.litgroup.com) is a litigation-support technology company that provides solutions to corporate legal departments and law firms. Offerings include electronic data discovery, image capture, database design and construction, project planning and consulting, and internet repositories.

About Equivio

Equivio offers patent-pending technology to detect and group near-duplicate files. Equivio creates a compelling ROI in all business situations in which people need to analyze or manage large sets of documents. By grouping near-duplicates, Equivio enables the review of each set of similar documents as a single coherent entity, systemizing the review process and enhancing efficiency. In addition, the grouping of near-duplicates allows the user to review similar documents by just comparing differences. These capabilities save time and effort, improve review quality and ensure consistent treatment of similar documents. Equivio is built for straightforward plug-in as an OEM component, or as a standalone application integrated within the enterprise systems environment. For more information, visit our website at www.equivio.com.

CONTACT INFORMATION:

For LIT Group:

Debra Sanders

Tel 713.652.0020

For Equivio:

Warwick Sharp

+972-3-938-6885

www.equivio.com

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