Colonial Bank, N.A. Chooses Guidance Software's EnCase(R) eDiscovery

Tue Apr 22, 2008 9:39pm EDT
 
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PASADENA, Calif.--(Business Wire)--
Guidance Software Inc. (NASDAQ:GUID), the World Leader in Digital
Investigations(TM), today announced that leading financial services
company Colonial Bank, N.A. has purchased Guidance Software's
EnCase(R) eDiscovery to conduct in-house electronic data discovery and
collections.

   "Since Colonial Bank, N.A. is a leader in the financial
marketplace, we chose the leader in eDiscovery for our investigative
needs," said Michael D. Peters, Chief Information Security Officer,
Colonial Bank, N.A. "The forensic and eDiscovery demands on Colonial's
Legal department and Information Security departments are
ever-increasing. Our ability to obtain, provide, and preserve rock
solid evidence is paramount and Guidance Software delivers the
technology we need."

   Guidance Software's EnCase eDiscovery is a complete, end-to-end,
automated eDiscovery solution that allows organizations to search,
identify, cull, collect, and process electronically stored information
(ESI) across the enterprise and export it to the attorney review
platform of their choice. It is a versatile, scalable, and
ultra-efficient product that streamlines the eDiscovery process to
save time and money. EnCase eDiscovery can search and collect ESI
across the enterprise from a central location from workstations,
laptops, file servers, data repositories, and removable storage media
without the need to take the target machines offline. Organizations
using EnCase eDiscovery can reduce eDiscovery costs up to 90% with its
extensive native search, collection, preservation, and processing
capabilities.

   "We're extremely pleased that Colonial Bank, N.A. has chosen
EnCase eDiscovery," said Victor Limongelli, President and CEO,
Guidance Software. "The ever-increasing demands that Colonial Bank
N.A. references are very much in line with what we hear from our
customers and from industry analysts, who recommend bringing the
eDiscovery in-house."

   Guidance Software recently received the highest possible(1) rating
in Gartner's MarketScope for E-Discovery and Litigation Support
Vendors, 2007. The Gartner report is available, compliments of
Guidance Software here

   About Guidance Software (GUID)

   Guidance Software is recognized worldwide as the industry leader
in digital investigative solutions. Its EnCase(r) platform provides
the foundation for government, corporate and law enforcement
organizations to conduct thorough, network-enabled, and
court-validated computer investigations of any kind, such as
responding to eDiscovery requests, conducting internal investigations,
responding to regulatory inquiries or performing data and compliance
auditing - all while maintaining the integrity of the data. There are
more than 26,000 licensed users of the EnCase technology worldwide,
and thousands attend Guidance Software's renowned training programs
annually. Validated by numerous courts, corporate legal departments,
government agencies and law enforcement organizations worldwide,
EnCase has been honored with industry awards and recognition from
eWEEK, SC Magazine, Network Computing, and the Socha-Gelbmann survey.
For more information about Guidance Software, visit
www.guidancesoftware.com.

   (1)Gartner's highest possible MarketScope rating is "Strong
Positive"

   GUID-F

Guidance Software Inc.
Ed Essa, 626-229-9191, x247
ed.essa@guidancesoftware.com

Copyright Business Wire 2008

 

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