Link to press release, January 14, 2008:Â OCEANPORT, N.J.–(BUSINESS WIRE)–CommVaultÂ® (NASDAQ: CVLT) today announced that it has been recognized by leading analyst group, Gartner, Inc., with a â€œPromisingâ€ rating in Gartnerâ€™s inaugural â€œMarketScope for E-Discovery and Litigation Support Vendors, 2007â€ report published December 14, 20071. According to the report, â€œ[t]he e-discovery market includes products and services that allow electronically stored information (ESI) of all types to be identified, preserved, collected, processed, reviewed, produced and managed over a period of time.â€
CommVault Archive and Search, two modules that are part of the CommVault SimpanaTM 7.0 software suite, allow customers to archive and discover data while controlling data growth, reducing costs and managing risks associated with non-compliance.
CommVaultâ€™s Archive and Search capabilities help customers capture, investigate, discover and disclose information simply and securely. With newly adopted changes to the Federal Rules of Civil Procedure (FRCP), organizations are realizing that ESI is no longer limited to just email. CommVault Archive allows for retention policies to be defined in one application and can span different data types and repositories. This ensures that proper data retention and disposition is managed, but more importantly, in the event of litigation allows for a legal retention hold to be placed across relevant data from within one user interface.
Gartnerâ€™s MarketScope notes that â€œ[s]pending on electronic discovery (e-discovery) software technologies and services offerings is forecast to grow at more than 35 percent annually through 2011.â€ The report further provides that â€œ[e]nterprises purchasing e-discovery software can reduce the costs of litigation by improving their control over unstructured content, including e-mail. Also, they can cut costs and risks by taking control of litigation hold, litigation hold-tracking, file collection, file processing and legal review instead of outsourcing these functions.â€
â€œMore and more corporate and legal organizations are choosing CommVault Simpanaâ„¢ software for its ability to mitigate organizational risk by providing comprehensive search and discovery across an organizationâ€™s information,â€ said Dave West, vice president of marketing and business development, CommVault. â€œIn my opinion, CommVaultâ€™s positioning in the Gartner MarketScope for e-Discovery and Litigation Support Vendors is strong confirmation of our expanding position in the archive, compliance and e-discovery marketplace.â€
As organizations evaluate the offerings of vendors in this market, CommVault Archive and Search software offers several key advantages inherent in CommVaultâ€™s Singular Information ManagementTM approach. A powerful, yet simple single platform methodology allows organizations to quickly address the mounting requirements for long-term data retention and compliance management, so that customers benefit from unparalleled ease-of-administration, enterprise-class scalability and reduced overall cost and complexity.
For more information on CommVaultâ€™s Archive and Search software solutions, please visit http://www.commvault.com/pdf/CommVault_DA_ProductOverview.pdf. To view the Gartner Marketscope for E-Discovery and Litigation Support Vendors, 2007, compliments of CommVault, please visit http://mkfirst.commvault.com/mk/get/GARTNER_EDISCOVERY_MS_2007.
About the MarketScope
The MarketScope is copyrighted 2007 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartnerâ€™s analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
A singular vision â€“ a belief in a better way to address current and future data management needs â€“ guides CommVault in the development of Singular Information ManagementTM solutions for high-performance data protection, universal availability and simplified management of data on complex storage networks. CommVaultâ€™s exclusive single-platform architecture gives companies unprecedented control over data growth, costs and risk. CommVaultâ€™s SimpanaTM software suite of products was designed to work together seamlessly from the ground up, sharing a single code and common function set, to deliver superlative Data Protection, Archive, Replication, Search and Resource Management capabilities. More companies every day join those who have discovered the unparalleled efficiency, performance, reliability, and control only CommVault can offer. Information about CommVault is available at www.commvault.com. CommVaultâ€™s corporate headquarters is located in Oceanport, New Jersey in the United States. (cvlt-pd)
Safe Harbor Statement
This press release may contain forward-looking statements, including statements regarding financial projections, which are subject to risks and uncertainties, such as competitive factors, difficulties and delays inherent in the development, manufacturing, marketing and sale of software products and related services, general economic conditions and others. Statements regarding CommVaultâ€™s beliefs, plans, expectations or intentions regarding the future are forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from anticipated results. CommVault does not undertake to update its forward-looking statements.
Â©1999-2007 CommVault Systems, Inc. All rights reserved. CommVault, CommVault and logo, the â€œCVâ€ logo, CommVault Systems, Solving Forward, SIM, Singular Information Management, Simpana, CommVault Galaxy, Unified Data Management, QiNetix, Quick Recovery, QR, QNet, CommNet, GridStor, Vault Tracker, InnerVault, Quick Snap, QSnap, Recovery Director, CommServe, and CommCell, are trademarks or registered trademarks of CommVault Systems, Inc. All other third party brands, products, service names, trademarks, or registered service marks are the property of and used to identify the products or services of their respective owners. All specifications are subject to change without notice.
1 â€œGartner, Inc., “MarketScope for E-Discovery and Litigation Support Vendors, 2007″ by Debra Logan, December 14, 2007
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