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Press Release Archive

Applied Discovery Boosts Electronic Document Processing Capacity
Enhanced System Speeds Delivery of Critical Computerized Evidence for Legal Review
Dec. 9, 2002, Seattle, WA — Applied Discovery Inc., the leading provider of electronic discovery services, today announced the implementation of an enhanced electronic document processing system, and staff additions to support an expanding production services division. The technology system upgrade and production team growth will further simplify electronic data collection, indexing and management for Web-based review by legal professionals, and speed data production in compliance with electronic evidence legal discovery requests. Applied Discovery continues to lead the electronic discovery industry in processing capacity and production turnaround, a distinction that has played a significant role in fueling the company’s sustained growth.

Applied Discovery Announces Enhanced Electronic Document Search Functionality
Allows Legal Professionals to Target Critical Evidence with Unparalleled Precision
Oct. 8, 2002, Seattle, WA — Applied Discovery Inc., the leading provider of electronic discovery services, today announced the release of pioneering search capabilities within its Online Review service. The new functionality, coupled with Applied Discovery’s current array of electronic document search tools, expedites the isolation and review of critical evidence pertinent to legal claims, such as email correspondence, and consequently further entrenches the company’s technology leadership position in the electronic discovery field.

Applied Discovery Announces Record Revenues in First Half of 2002
Company’s Successes Recognized With Top Industry Honors
Aug. 7, 2002, Seattle, WA — Strong growth in legal practitioner demand for Applied Discovery’s industry-leading electronic data discovery service fueled a 189 percent increase in the company’s revenue for the first half of 2002 compared with the same fiscal period last year. Applied Discovery also recorded a 59 percent increase in the number of new clients, as well as significant repeat business from existing clients. These dramatic gains, coupled with the company’s recently opened Houston, Texas, office and the introduction of enhanced service offerings, continue to result in sustained profitability and industry accolades for Applied Discovery.

Applied Discovery Announces Investment to Fuel Expansion of Sales and Marketing Efforts
February 25, 2002, Seattle, WA — Applied Discovery, Inc., the leading developer of electronic discovery services for law firms and corporations, announced that it raised $5 million in a Series B round of funding to fuel the company's planned expansion of its sales and marketing efforts. The lead investor in this round of funding was Westbury Equity Partners SBIC, L.P, a Long Island, NY-based private equity firm. Westbury joins previous investors Sciens Venture Partners, L.P. (formerly Zilkha Venture Partners) and Planet Zanett Asset Management.

Applied Discovery Enters 2002 Stronger Than Ever
February 4, 2002, Seattle, WA — Applied Discovery, Inc., the leading developer of electronic discovery solutions, found fertile ground for growth and prosperity in 2001, and enters 2002 in a position of strength and stability. A series of decisive strategic actions made early last year propelled Applied Discovery through the end of year turbulence that left many other companies struggling. The company maintained focus on leveraging today's most advanced electronic discovery technology and providing the quality products and services that have become Applied Discovery's hallmark.

Top National Electronic Discovery Provider Establishes East Coast Headquarters
January 11, 2002, Seattle, WA — Applied Discovery, Inc., the leading developer of electronic discovery solutions, today announced the opening of their newly established East Coast Headquarters office in midtown Manhattan. Services for all of the company's East Coast clients will originate from this location under the direction of Clay Stobaugh, Vice President, Managing Director. Applied Discovery's eastern regional sales representatives will also reside at the office on 57th Street.
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