Press Release
Red Herring Selects Clearwell as a Finalist in Red Herring 100
Awards Recognize Cutting Edge Companies Driving Technology Innovation
SANTA CLARA, Calif.—April 10, 2007—Clearwell Systems, Inc., a pioneer in Email Intelligence, today announced it is a finalist for the Red Herring 100 Award, a selection of 100 private North American companies that are the driving forces in innovation and technology. The awards, now in their 10th year, have consistently discovered and highlighted promising startups that are poised to lead the next wave of disruption and cutting-edge advancement. Clearwell has received recognition for its innovation and for successfully delivering the Clearwell Intelligence Platform® to market.
“We can see the exciting evolution of the technology sector reflected in the quality and variety of exceptional companies that we had to choose from in putting our list together,” said Joel Dreyfuss, editor-in-chief of Red Herring. “It was tough to choose just 200 finalists from such a large list of excellent contenders, and we are very happy with the qualities of the companies we selected as finalists.”
The Clearwell Intelligence Platform automates the manual, costly, and time consuming process of analyzing emails and documents for legal E-Discovery, regulatory inquiries, and corporate investigations. A recent study conducted by Enterprise Strategy Group found that Clearwell’s technology has delivered millions of dollars in savings to customers, reducing email and document analysis costs by more than 60 percent on average. The product is complementary to existing email infrastructure and archiving solutions from EMC, HP, Microsoft, Symantec and ZANTAZ.
The 100 winning companies are chosen by Red Herring’s editorial board from a collection of 200 finalists. This year’s awards attracted more than 800 entrants. Winners will be announced at the Red Herring Spring event. CEOs of winners and finalist companies will present their ideas and technologies to an audience of leading entrepreneurs, financiers and corporate strategists at the conference in Monterey, California, on May 1-3.
About Clearwell Systems
Clearwell Systems is transforming the way enterprises discover, organize, and analyze the information captured in email and documents. By automating the analysis, cull-down, and review process, Clearwell enables business and IT executives to reduce the cost, time, and risk of email and document analysis for legal E-Discovery, regulatory inquiries, and corporate investigations. Fortune 500 companies, governmental agencies, and legal service providers have realized immediate and significant value within days of their production deployments. For more information, visit www.clearwellsystems.com.
About Red Herring
Red Herring is a global media company which unites the world’s best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider’s access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. More information about Red Herring is available on the Internet at www.redherring.com.