FTI Consulting Launches Ringtail Version 8.3

Mon Jan 28, 2013 7:30am EST

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Secure, Self-Serve Private Cloud Deployment Option and Improved Review Workflow
Provide Corporations and Law Firms with Faster Document Review and Reduced IT
Costs
NEW YORK,  Jan. 28, 2013  /PRNewswire/ -- FTI Consulting, Inc. (NYSE: FCN), the
global business advisory firm dedicated to helping organizations protect and
enhance their enterprise value, today announced that its  FTI Technology 
practice is launching Version 8.3 of its award-winning  Ringtail  e-discovery
software.  The easy-to-use software now can be accessed and managed in a secure,
self-serve private cloud called Ringtail Software as a Service (SaaS).
Additionally, Ringtail 8.3 provides improved review workflow and other
management tools to support faster and more accurate legal reviews for
corporate, law firm and government clients. With the addition of the SaaS
offering, Ringtail users have a complete spectrum of options for handling
e-discovery matters of all sizes, including a "do it yourself" approach using
on-premise or SaaS software, a completely outsourced "do it for me" managed
service model, or a hybrid model based on the right combination of software and
services to meet the client's specific requirements.

"Corporate adoption of cloud applications is gaining acceptance, but many legal
clients still prefer to keep their legal data behind their own firewalls with on
premises products. In addition, there's a vast disparity in the e-discovery
capacities of law firms and corporate legal departments," said  David Horrigan,
analyst for e-discovery and information governance at 451 Research. "We think
FTI has made a smart move to address these varying needs with its three-pronged
approach in Ringtail 8, giving legal clients the option of traditional Ringtail
behind the firewall, Ringtail SaaS-still self-service, but with hosted software
-- and Ringtail On Demand, where clients can let FTI and its consultants run the
e-discovery operation with full-service processing and hosting."

The Advantages of the Cloud, Built for E-Discovery   
Ringtail provides a complete e-discovery solution that combines case management
and document review in a single platform. This includes innovative data
analytics and visual review tools that dramatically increase the productivity
and efficiency of legal review. In total, Ringtail is a powerful e-discovery
platform with flexible deployment options and market-leading functionality
designed to increase reviewer productivity and reduce the overall costs of
e-discovery.  

Ringtail SaaS provides users with:

* Fast deployment:  Delivered to law firms and corporations via a Web browser,
legal teams can begin using the software immediately with no hardware to
install.  
* Easy administration:  The intuitive functionality in Ringtail simplifies case
creation, user management, and reporting.  
* Security:  To address the security and legal concerns that are inherent in
cloud computing, each SaaS client is assigned a private, logically separated
environment called a Ringtail POD.  Each Ringtail POD resides in a secure
datacenter and is fully managed by the FTI Technology team.  
* Data privacy:  All datacenter services and storage remain under the control of
FTI Technology so Ringtail SaaS clients can confidently safeguard client data
and adhere to data privacy regulations.  
* Reduced hardware spend:  Ringtail SaaS eliminates the capital expenditures
associated with procuring, installing and managing rapidly depreciating
hardware. It also removes the hidden costs associated with troubleshooting
server and storage issues.  FTI Technology provides elastic computing resources
and manages services to help legal teams handle any-sized matter.  
* Seamless upgrades:  Ringtail's SaaS deployment model provides legal teams with
optimal performance. Upgrades are delivered as new software versions are
released, ensuring that clients always have access to the latest version of
Ringtail.

"We've worked closely with our clients to build a solution that delivers the
promised efficiency and savings of cloud computing, but meets the unique legal
requirements of e-discovery," said  Joel Jacob, Principal Product Manager in FTI
Technology.  "Our optimized Ringtail PODs keep data separate and secure, yet
also allow legal teams flexibility to quickly add more computing power when
large projects strike."  

Improved Review Workflow Management and Automated Quality Control   
Ringtail 8.3 includes a variety of usability and performance improvements and a
completely redesigned review workflow module. This module enables users to
automate quality control via an easy-to-use dashboard.  Review managers can
quickly create, manage, and prioritize coding rules, review phases and
specialized workflows to enforce a wide variety of coding and review
requirements across projects.   

Other notable improvements in Ringtail 8.3 include:

* Faster concept clustering:  Ringtail's visual review interface - Document
Mapper - creates its powerful concept clustering maps 10 times faster than
previous versions.  
* Ease of use enhancements:  Ringtail 8.3 includes a number of features
enhancements, including additional search options, reduction in coding clicks,
and an improved user interface for early stage analysis with Ringtail
Analytics.

In addition to these benefits, FTI Technology clients can combine Ringtail with
other offerings from FTI Technology, including managed review, Predictive
Discovery, and a secure privilege library, as well as ancillary services that
encompass international data collection to expert witness testimony.

FTI Technology will provide Ringtail 8.3 product demos in Booth 2110 at the
LegalTech New York 2013 conference. In addition, FTI will host a  Wednesday,
Jan. 30  panel session at LegalTech New York 2013 on the topic of "E-Discovery
and the Cloud - a Checklist for Success," and a February webcast on the same
topic. For more information on these events, Ringtail 8.3 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 their enterprise value in an increasingly
complex legal, regulatory and economic environment. With more than 3,800
employees located in 24 countries, FTI Consulting professionals work closely
with clients to anticipate, highlight and overcome complex business challenges
in areas such as investigations, litigation, mergers and acquisitions,
regulatory issues, reputation management, strategic communications and
restructuring. The company generated  $1.56 billion  in revenues during fiscal
2011. More information is available at  www.fticonsulting.com.  

SOURCE  FTI Consulting, Inc.


Shannon Sullivan, +1-206-373-6522, shannon.sullivan@fticonsulting.com

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