Tag: Epiq Systems

Epiq Systems Receives Early Termination of HSR Waiting Period for Acquisition by OMERS Private Equity and Harvest Partners

KANSAS CITY, Kan., Aug. 24, 2016 (GLOBE NEWSWIRE) — Epiq Systems, Inc. (“Epiq”) (NASDAQ:EPIQ), a leading global provider of integrated technology and services for the legal profession, today announced that it has received notice from the Federal Trade Commission that early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 was granted in connection with its proposed acquisition by OMERS Private Equity, the private equity arm of the OMERS pension plan, and funds managed by Harvest Partners, LP.  The transaction remains subject to other customary closing conditions, including approval by Epiq’s shareholders. Subject to satisfaction of

eDiscovery Market to Exhibit 16.20% CAGR due to Increasing Use of Social Media in Organizations Worldwide: TMR

Albany, NY, Aug. 19, 2016 (GLOBE NEWSWIRE) — Transparency Market Research announces the publication of a new market research study made available on the company website. The research report, titled “eDiscovery Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2022,” provides a comprehensive analysis of the market. According to the research study, in 2013, the global eDiscovery market was worth US$5.5 bn and is estimated to register a significant 16.20% CAGR between 2014 and 2022.  eDiscovery refers to identifying, producing, and collecting electronically stored information. eDiscovery is widely used in government investigations or litigations that deal with the exchange of

Epiq and Villere Enter Settlement Agreement

Epiq to Nominate Three Additional Independent Directors at Epiq’s 2016 Annual Shareholders’ Meeting Companies Agree to Dismissal of Pending Litigation KANSAS CITY, Kan., June 07, 2016 (GLOBE NEWSWIRE) — Epiq (NASDAQ:EPIQ), a leading global provider of integrated technology solutions and services for the legal profession, today announced that it has reached an agreement with St. Denis J. Villere & Company, L.L.C. (“Villere”) regarding the composition of the Company’s Board of Directors and other matters including a resolution of a potential proxy contest and dismissal of the litigation pending between the companies. Under the terms of the agreement, Epiq will appoint

Epiq Offers Relativity in China

KANSAS CITY, Kan., June 02, 2016 (GLOBE NEWSWIRE) — Epiq (NASDAQ:EPIQ), a leading global provider of integrated technology solutions and services for the legal profession, today announced the availability of kCura’s Relativity® in the People’s Republic of China. Epiq is a Relativity Orange-level, Best in Service hosting partner with data centers in Shanghai, Hong Kong and Tokyo as well as in the U.S., UK and Germany. Epiq’s operations in China are supported by native-speaking, multilingual Relativity Certified Administrators (RCAs), computer forensics, production, project management and review professionals. Relativity hosting is available via Epiq’s ISO27001-compliant Shanghai data center, as is portable,

Epiq Successfully Completes SOC 2 Examination of eDiscovery Data Hosting Environment and Services

KANSAS CITY, Kan., April 25, 2016 (GLOBE NEWSWIRE) — Epiq Systems (NASDAQ:EPIQ), a leading global provider of integrated technology and services for the legal profession, today announced that the company has successfully completed the Service Organization Control (SOC) 2 Type 2 examination. The examination consisted of an independent audit that verified Epiq’s internal controls for security, confidentiality, availability and processing integrity related to its eDiscovery services. Epiq is one of the few legal services companies to receive SOC 2 accreditation, which is recognized as one of the most stringent audit programs for service providers. Conducted by Grant Thornton, a leading

UPDATE — Energy XXI Enters Restructuring Support Agreement With Second Lien Noteholders to Strengthen Balance Sheet and Reduce Debt

Voluntarily Files for Chapter 11 to Implement Financial Restructuring Restructuring Support Agreement with 63% of Second Lien Holders Eliminates Approximately $2.8 billion Outstanding of Secured and Unsecured Notes Operations to Continue in the Ordinary Course HOUSTON, April 14, 2016 (GLOBE NEWSWIRE) — Energy XXI Ltd (NASDAQ:EXXI) (“Energy XXI” or the “Company”) announced today that it and certain of its subsidiaries have entered into a Restructuring Support Agreement (the “RSA”) with holders of more than 63% of  the Company’s secured second lien 11.0% notes (the “Second Lien Notes”) on the material terms of a balance sheet restructuring plan that will strengthen

Energy XXI Enters Restructuring Support Agreement With Second Lien Noteholders to Strengthen Balance Sheet and Reduce Debt

Voluntarily Files for Chapter 11 to Implement Financial Restructuring Restructuring Support Agreement with 63% of Second Lien Holders Eliminates Approximately $2.8 billion Outstanding of Secured and Unsecured Notes Operations to Continue in the Ordinary Course HOUSTON, April 14, 2016 (GLOBE NEWSWIRE) — Energy XXI Ltd (NASDAQ:EXXI) (“Energy XXI” or the “Company”) announced today that it and certain of its subsidiaries have entered into a Restructuring Support Agreement (the “RSA”) with holders of more than 63% of  the Company’s secured second lien 11.0% notes (the “Second Lien Notes”) on the material terms of a balance sheet restructuring plan that will strengthen

Epiq Systems Reaches New Levels of Efficiency with Recent Inkjet Installation

MELVILLE, N.Y., April 12, 2016 (GLOBE NEWSWIRE) — Canon Solutions America, Inc., a wholly owned subsidiary of Canon U.S.A., Inc., today announced that Epiq Systems, Inc. (“Epiq”), a leading global provider of integrated technology and services for the legal profession, has installed the Océ ColorStream 3900® digital color inkjet printing system, part of the renowned Océ ColorStream 3000 Twin Series. With a global presence spanning North America, Europe and Asia, Epiq is a leading provider of technology-enabled solutions for electronic discovery, bankruptcy, class action and mass tort administration, federal regulatory actions and data breach responses. The industry leader provides innovative

Epiq Again Achieves kCura’s Orange-Level Best in Service Award

KANSAS CITY, Kan., April 06, 2016 (GLOBE NEWSWIRE) — Epiq (NASDAQ:EPIQ), a leading global provider of integrated technology and services for the legal profession, today announced that the company has again achieved kCura’s Orange-level Best in Service certification as a Relativity® provider. This is the fourth time that Epiq has received the recognition. Along with the Orange-level Best in Service standing, Epiq offers Relativity in every data center and hosts thousands of Relativity users worldwide. A Relativity provider since 2007, Epiq provides a global support team, with 69 Relativity Certified Administrators, 50 Relativity Review Specialists, 10 Relativity Analytics Specialists and

News $EPIQ – #EpiqSystems Appoints Bankruptcy Law Veteran Deirdre McGuinness as Managing Director

KANSAS CITY, Kan., Jan. 14, 2016 (GLOBE NEWSWIRE) — Epiq Systems (NASDAQ:EPIQ), a leading global provider of integrated technology and services for the legal profession, today announced the appointment of Deirdre McGuinness as managing director. A 28-year veteran of legal services, Ms. McGuinness will focus on enterprise-wide initiatives to strengthen and expand Epiq’s law firm and corporate client relationships. “Our services are differentiated by our ability to help clients navigate complicated legal processes. Deirdre’s deep understanding of issues that affect the legal community and highly esteemed expertise will be instrumental in advancing our goal to be the preferred strategic partner

Global eDiscovery Market Poised to Surge From USD 5.25 Billion in 2014 to USD 15.50 Billion by 2020, Growing at 15% CAGR- Market Research Store

Deerfield Beach, FL, Dec. 16, 2015 (GLOBE NEWSWIRE) — Zion Research has published a new report titled “eDiscovery (Software; On-Premise Software & Off-Premise Software and Services) Market for Government and Regulatory Agencies, Enterprises (Small, Mid and Large-Size Enterprises) and Law Firms – Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020”. According to the report, global demand for eDiscovery Market was valued at USD 5.25 billion in 2014, and is expected to generate revenue of USD 15.50 billion by end of 2020, growing at a CAGR of over 15% between 2015 and 2020. eDiscovery is defined as a set of processes

Best of LegalTimes 2015 Ranks Epiq Systems as Top Provider in Three Categories

KANSAS CITY, Kan., Dec. 3, 2015 (GLOBE NEWSWIRE) — Epiq Systems (NASDAQ:EPIQ), a leading global provider of integrated technology solutions for the legal profession, was recognized as the top service provider for three legal services categories in The National Law Journal’s Best of LegalTimes 2015. The winning categories include Managed Document Review, Legal Process Outsourcing for DC Law Firms and Information Governance Solution. Nearly 2,000 NLJ readers representing the Washington DC legal community ranked providers in an online ballot. Top-ranking providers were chosen as “best-in-class” for their respective categories. About the Best of LegalTimes Published by The National Law Journal,

Legal Technology Solutions Provider Epiq Systems Announces Senior Appointments in Asia

KANSAS CITY, Kan., Sept. 22, 2015 (GLOBE NEWSWIRE) — Epiq Systems (NASDAQ:EPIQ), a leading global provider of integrated technology solutions for the legal profession, today announced the appointment of Major Baisden to managing director of Epiq’s Asia Pacific division and Sebastian Ko as director of document review services for Epiq in Hong Kong. Baisden will continue in his current role as managing director of eDiscovery managed services as well as the new role leading the Asia Pacific division. “These new roles are consistent with Epiq’s commitment to growth in the Asia Pacific region,” said Brad Scott, president and chief operating

Legal Technology Solutions Provider Epiq Systems Launches Dedicated eDiscovery Office in Frankfurt, Germany

LONDON and FRANKFURT, Germany, Sept. 8, 2015 (GLOBE NEWSWIRE) — Epiq Systems (NASDAQ:EPIQ), a leading global provider of integrated technology solutions for the legal profession, today announced the launch of an office in Frankfurt, Germany consistent with its previously stated goal of expanding its international footprint. The Frankfurt office offers Epiq’s full suite of eDiscovery services, including processing and hosting of electronically stored information (ESI) and document review services. Epiq will also offer managed services through its affiliate Iris Data Services. Establishing an office in Germany enables Epiq to ensure secure and cost-effective eDiscovery solutions for German legal and corporate

Client News

Epiq Systems Adopts Equity Inducement Plan to Attract Future Employees

KANSAS CITY, Kan., Sept. 3, 2015 (GLOBE NEWSWIRE) — Epiq Systems, Inc. (NASDAQ:EPIQ) (“Epiq”), a leading global provider of integrated technology solutions for the legal profession, today announced that its Board of Directors has adopted the 2015 Inducement Plan (the “Plan”) in accordance with NASDAQ Listing Rule 5635(c)(4). The Plan reserves 200,000 shares of common stock, subject to adjustment, for the grant of inducement equity awards to individuals not previously employees or non-employee directors of Epiq. The Plan will enable Epiq to issue awards to talented individuals as an inducement to join Epiq, enabling Epiq to attract the best available

Nexsen Pruet Chooses Iris Arc for eDiscovery and Document Review

KANSAS CITY, Kan., Sept. 3, 2015 (GLOBE NEWSWIRE) — Iris Data Services, an Epiq Systems company (NASDAQ:EPIQ) and the leader in eDiscovery managed services, today announced that Nexsen Pruet has signed a multi-year managed services contract with Iris. The deal includes Iris ArcSM managed services, giving the firm its own Relativity environment for a fixed monthly fee. One of the largest law firms in the Carolinas, Nexsen Pruet recognized the need to leverage advanced technology in every litigation matter while minimizing eDiscovery costs. “Iris Arc is a cost-effective way to achieve our eDiscovery goals on a commercial level,” said Gray

New Orleans-Based Boutique Litigation Firm Jones Swanson Chooses Iris Arc(SM) for Its Legal eDiscovery Managed Services Environment

KANSAS CITY, Kan., Sept. 2, 2015 (GLOBE NEWSWIRE) — Iris Data Services, an Epiq Systems company (NASDAQ:EPIQ) and the leader in eDiscovery managed services, today announced that Jones, Swanson, Huddell & Garrison, LLC has signed a multi-year managed services contract. The deal includes Iris ArcSM managed services, giving the New Orleans-based boutique litigation firm an in-house Relativity®environment without the capital expenditure. Jones Swanson retains a sharp focus on the representation of smaller businesses and individuals, while also representing many of Louisiana’s and the Southeast’s largest business entrepreneurs and landholders. Managing Member Lynn Swanson was named one of New Orleans CityBusiness