FTI Technology’s Australian Data Center Expands Company’s E-discovery Leadership
FTI’s Award-Winning Ringtail® LegalTM Solution Delivers Safe Data Management Globally
West Palm Beach, FL January 29, 2010 – FTI Consulting, Inc. (NYSE:FCN), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, today announced the launch of a new state-of-the-art data center in Australia for the secure and scalable hosting of data needed for legal, regulatory or investigative matters. No matter the jurisdiction, the new data center offers Australian companies, government agencies and those managing e-discovery matters in Asia with seamless access to Ringtail Legal, the market’s most powerful, flexible, and secure document review and case management platform.
“The data center breaks new ground in the Asia Pacific region for its support for large-scale litigations and investigations,” said David Bowie, managing director of FTI Technology in Australia. “With global capacity and full-service Ringtail offerings, FTI continues to set the standard for easing the complexity and lowering the overall cost of e-discovery for our Asia Pacific and global clients.”
As highlighted in a recent IDC white paper sponsored by FTI Technology, Corporate E-discovery Trends 2009: Doing More with Less While Facing Increasing Complexity in E-discovery, e-discovery is growing increasingly complex and expensive. Legal matters involve greater volumes of data, take longer to resolve and are increasingly global in nature. These trends underscore the need for corporations to utilize cost-effective e-discovery tools that can scale to large, multi-national matters.
Ringtail addresses this need through its highly secure and scalable platform. Fully integrated review, analysis, redaction and production capabilities within Ringtail can streamline the e-discovery process while in compliance with local data privacy requirements and other jurisdictional rulings. For example, Ringtail’s production features help legal practitioners comply with native file discovery obligations under the Federal Court of Australia’s Practice Note 17 for Advanced Document Management Protocols. Ringtail’s extensive production capabilities enable legal teams to quickly and confidently respond to requests of any size.
Ringtail has been recognized with two influential industry awards within the past six months. Recently, Ringtail Legal was selected for a silver award by Law Technology News readers in the category of case management software for large law firms. KMWorld Magazine also named Ringtail to its “Trend-Setting Product Award of 2009” list. In addition to these product-specific awards, FTI Technology has been named a “strong positive” vendor in Gartner Research’s "MarketScope for E-discovery Software Product Vendors, 2009" report (Debra Logan, John Bace, and Whit Andrews, December 21, 2009). “Strong positive” is the highest possible rating given in the influential industry report.
The Asia Pacific data center complements FTI’s existing data centers in Europe and North America. All of the FTI data centers offer state-of-the-art networks, power architecture and top-level physical security of the data, including access control lists, security officers and biometrics.
For more information about Ringtail or FTI Technology, please visit www.ftitechnology.com.
About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 3,400 employees located in most major business centers in the world, we work closely with clients every day to anticipate, illuminate, and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management and restructuring. More information can be found at www.fticonsulting.com.
Safe Harbor Statement
This press release may include "forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934 that involve uncertainties and risks. Forward-looking statements include statements concerning our plans, objectives, goals, strategies, future events, future revenues, future results and performance, expectations, plans or intentions relating to acquisitions and other matters, business trends and other information that is not historical, including statements regarding estimates of our future financial results. When used in this press release, words such as “estimates,” “expects,” “anticipates,” “projects,” “plans,” “intends,” “believes,” “forecasts” and variations of such words or similar expressions are intended to identify forward-looking statements. All forward-looking statements, including, without limitation, estimates of our future financial results, are based upon our expectations at the time we make them and various assumptions. Our expectations, beliefs and projections are expressed in good faith, and we believe there is a reasonable basis for them. However, there can be no assurance that management’s expectations, beliefs and projections will result or be achieved or that actual results will not differ from expectations. The Company has experienced fluctuating revenue, operating income and cash flow in some prior periods and expects this will occur from time to time in the future. Other factors that could cause such differences include the pace and timing of the consummation and integration of past and future acquisitions, the Company's ability to realize cost savings and efficiencies, competitive and general economic conditions, retention of staff and clients and other risks described under the heading “Item 1A. Risk Factors” in the Company’s most recent Form 10-K and in the Company's other filings with the Securities and Exchange Commission. We are under no duty to update any of the forward-looking statements to conform such statements to actual results or events and do not intend to do so.
FTI, Attenex®, Patterns®, and Ringtail® are registered trademarks of FTI Consulting, Inc.
All other trademarks are the property of their respective owners.