Press Release

New iCONECT Features Work with Equivio to Streamline Review

Los Angeles, CA, June 6, 2008 – – iCONECT Development, LLC announced that near-duplicate document analysis from Equivio can now be seamlessly integrated into iCONECT’s Document Groups feature for faster, more-consistent reviews. This builds on iCONECT’s existing use of Equivio technology, which has been in place since June 2006.

"The combination of Equivio’s analysis and iCONECT’s Document Groups meets the need to organize documents for faster review," said Ian Campbell, Chief Operating Officer of iCONECT Development, LLC. “This will help our clients meet their deadlines and save costs.”

Equivio analyzes documents to identify those that are similar except for a few words or paragraphs (e.g., revisions to a company memo or versions of the same contract customized for specific clients). This analysis is imported seamlessly into iCONECT, enabling users to drastically reduce review time since often only one document in a set of near-duplicates needs to be reviewed.

iCONECT’s Document Groups feature further organizes near-duplicates (based on Equivio’s analysis) into groups where the primary document can be easily identified and reviewed first. The rest of the near-duplicates in the group can be assigned the same review designation with a single-click. This saves time and ensures consistency. Reviewers can also choose to view only primary documents for a quick assessment, and then view near-duplicates of the primary document as needed.

“iCONECT continues to build out technology to help its customers meet their business challenges,” said Amir Milo, Chief Executive Officer of Equivio. “One of the key challenges in litigation is the cost of review. By enhancing the utilization of Equivio’s groupings, iCONECT is enabling a reduction in litigation review costs by 30 to 50%.”

Both Equivio and iCONECT look forward to working together on future product enhancements.

To learn more, send an e-mail to iCONECT (info@iconect.com) or Equivio (info@equivio.com).

About Equivio:

Equivio groups near-duplicates and structures e-mail threads. Equivio's patent-pending technology zooms in on unique data, allowing you to read less, think more, win big™. In the 2007 Socha-Gelbmann Electronic Discovery Survey, law firms ranked Equivio as a Top 10 software vendor. To learn more about winning with Equivio, e-mail info@equivio.com or visit www.equivio.com.

About iCONECT Development, LLC:

iCONECT Development, LLC is a world leader in litigation support and collaboration software, with products used by law firms, corporate legal departments, Fortune 500 corporations, government agencies, and medical firms. Powered by Oracle technology, iCONECT’s LAN, Web, and Offline solutions enable more than 50,000 end users to review and manage electronic and document discovery from anywhere in the world for effective collaboration with outside counsel, branch offices, and consultants.
Awards include: Honorable Mention Winner (Oracle 2007 North America Titan Awards), #1 Online Document Repository (AmLaw Tech Survey), #1 Litigation Support Software (Law Technology News Awards), and #1 Web-Based Litigation Software (AmLaw Tech Survey).

For more information, or if you would like to schedule a free demo, visit www.iconect.com or send an e-mail to info@iconect.com.

Contact: Victoria Lladoc
e. vlladoc@iconect.com
t. 310.643.8555
f. 310.643.8556