LIT Group, Inc. Selects Autonomy to Automate Litigation Information Management
Autonomy's Intelligent Infrastructure Technology Enables Collection and Categorization of Critical Data, Regardless of Language Content
SAN FRANCISCO, Calif. - February 18, 2004 - Autonomy Corporation plc (Nasdaq: AUTN; LSE: AU.), a global leader in infrastructure software for the enterprise, today announced that LIT Group, Inc, a global leader in litigation support has selected Autonomy's information infrastructure technology to automate the collection and categorization of electronic information that is vital to the support of litigation cases.
LIT Group purchased Autonomy's IDOL Server technology to aggregate clients' data and then automatically categorize and cluster that data based on patterns. This technology has shown to significantly decrease operational costs and increase performance of those clients engaged in discovery. By eliminating the need to manually review data, LIT Group will be able to scale the services it offers clients.
LIT Group is a Litigation Information Management company that specializes in effective and efficient information management through creative consultation and effective solutions. Law firms and corporate legal departments nationwide depend on LIT Group for the latest information management strategies to help manage and present their cases effectively.
"Autonomy makes the discovery and classification of information significantly more intelligent, providing our clients with a competitive advantage in developing case strategy," said Steven S. McNew, chief operating officer for LIT Group, Inc. "For example, LIT Group can, through the application of Autonomy's technology, provide clients with the ability to process not only electronic text documents and e-mails, but Web pages, voicemail and video as well, efficiently and effectively. Since analysts estimate that this type of unstructured information is doubling in quantity every three months, this is a powerful value proposition."
"Also of significant importance is that Autonomy's technology is completely language independent," added McNew. "This is incredibly valuable for clients of LIT Group since it is critical for global companies today to be able to provide the right information to the right people, regardless of the language the content is represented in. Autonomy's software supports over 65 languages, including English, German, French, Italian, Chinese and Japanese. This technology provides tremendous benefit to those companies and their outside counsel."
"One of the most complex and time-intensive processes when preparing a legal case is finding and aggregating information from volumes of data stored in multiple formats," said Stouffer Egan, chief executive officer, Autonomy U.S. "Autonomy automates that process in a way that allows LIT Group to sift through a large amount of information quickly, thereby reducing the time necessary to assemble and retrieve information relevant to each client's case."
Autonomy's unique Intelligent Data Operating Layer (IDOL) integrates unstructured, semi-structured and structured information from multiple repositories through an understanding of their content. Autonomy grants enterprises the flexibility to use advanced information retrieval or legacy-based approaches. At the heart of Autonomy's software is its ability to process text, voice and video, and identify and rank the main concepts within them. It then automatically categorizes, links, summarizes, personalizes and delivers that information. Autonomy's technology also drives collaboration across the enterprise and enables organizations to effectively leverage expertise. Autonomy's infrastructure technology is used to automate operations within enterprise information portals, customer relationship management, knowledge management, business intelligence and e-business applications, among others.
About LIT Group, Inc.
Founded in 1995, LIT Group is a global leader in Litigation Information Management, with offices in the U.K., as well as Dallas, Houston, Miami and Washington, D.C. LIT Group specializes in effective and efficient information management through creative consultation and effective solutions. Law firms and corporate legal departments nationwide depend on LIT Group for the latest information management strategies to help manage and present their cases effectively.
About Autonomy
Autonomy Corporation plc (Nasdaq: AUTN; LSE: AU.) is a global leader in infrastructure software for the enterprise. Autonomy's technology powers applications dependent upon unstructured information including call center, customer relationship management, knowledge management, enterprise portals, enterprise resource planning, online publishing and security applications. Autonomy's customer base includes more than 1,000 global companies including BAE Systems, Ford, Ericsson, Royal Sun Alliance, Sun Microsystems and public sector agencies including the U.S. Department of Defense, NASA and the U.S. Department of Energy. Strategic reseller and OEM partners include leading companies such as ATG, BEA, Business Objects, Brio, Citrix, Computer Associates, EDS, IBM Global Services, iManage, Novell, Novient, Vignette and Sybase. The company has offices worldwide.
The Autonomy Group of companies includes: Aungate, a leading supplier of electronic communications management technology for regulatory compliance in the enterprise; Audentify, a leading supplier of next-generation contact center technology; and Virage, a leading provider of video and rich media communication software.
Caution Concerning Forward-Looking Statements
With the exception of historical information, the matters set forth in this news release are forward-looking statements that involve risks and uncertainties. A number of important factors could cause actual results to differ materially from those in the forward-looking statements. These factors include, among others, technology risks, including dependence on core technology; fluctuations in quarterly results; dependence on new product development; rapid technological and market change; reliance on sales by others; management of growth; dependence on key personnel; rapid expansion; growth of the Internet; financial risk management; and future growth subject to risks. These factors and other factors, which could cause actual results to differ materially are also discussed in the company's filings with the United States Securities and Exchange Commission, including Autonomy's Annual Report on Form 20-F and Registration Statements on Form F-1.
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