Epiq Systems Launches IQ Review(TM) Enabling Attorneys to Evaluate Critical Documents Earlier

Introduces New Intelligent "Prioritization" Technology

• Press Release
• Source: Epiq Systems, Inc.
• On 8:00 am EDT, Tuesday September 29, 2009

NEW YORK and LONDON, Sept. 29, 2009 (GLOBE NEWSWIRE) -- Epiq Systems, Inc. (Nasdaq:EPIQ - News), a leading provider of technology solutions to the legal profession, announces the release of IQ Review(TM), a revolutionary combination of new intelligent technology and smart procedures. IQ Review(TM) addresses the challenge of rapidly locating the documents that are actually responsive to a matter-typically less than 20 percent-within increasing volumes of data and in mandated short timeframes.

Most groundbreaking is that IQ Review(TM) incorporates new "prioritization" technology into DocuMatrix(TM), Epiq's flagship document management platform. A legal expert assigned to a case "teaches" the software to identify documents as "responsive" or "non-responsive". Learning from the expert, the technology determines patterns in content across all of the data, rates each document, and fast tracks the most responsive to the beginning of the review-the result is intelligent "Prioritized Review."

By reviewing the most responsive documents first, the legal team can make decisions on strategy earlier. Time spent on documents inconsequential to a case diminishes, along with review costs.

"Prioritizing documents before review begins presents a dramatic shift in the way review is conducted," explains Greg Wildisen, International Managing Director, Epiq Systems. "Epiq's IQ Review(TM) focuses human expertise upfront in a case and reduces attorney time spent on documents irrelevant to a matter, which cuts review costs for our clients and allows them to focus on case strategy early in the process."

Early adopters of Epiq's IQ Review(TM) include international law firm Allen & Overy LLP, which conducts services in 31 business centers worldwide. According to Vince Neicho, Litigation Support Manager at Allen & Overy, "Cases have become more complex as potential evidence can be hidden through an elaborate maze of email attachments, large document files, and text messages. Epiq's IQ Review(TM) helps lawyers better understand the data and achieve the best possible outcomes for their clients more quickly."

He added, "Our early experience in integrating the new 'prioritize' phase into our legal review processes creates an infrastructure that allows our legal review team to zero in on information relevant to our matters faster."

Epiq Systems is a global Top 5 e-discovery service provider in both processing and review, and has served as a pioneer in integrating advanced analytics into its flagship document review platform, DocuMatrix(TM). IQ Review(TM) has built on this history and introduces new intelligent review prioritization that fundamentally changes the discovery process.

About Epiq Systems

Epiq Systems is a leading global provider of integrated technology solutions for the legal profession. Our solutions streamline the administration of bankruptcy, litigation, financial transactions and regulatory compliance matters. We offer innovative technology for electronic discovery, document review, legal notification, claims administration and controlled disbursement of funds. Our clients include leading law firms, corporate legal departments, bankruptcy trustees and other professional advisors who require innovative technology, responsive service and deep subject-matter expertise.

The Epiq Systems, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5250

For more information

For all analyst and investor inquiries, please contact Lew Schroeber, Vice President, Investor Relations, at ir@epiqsystems.com or 913-621-9500.

For client inquiries, please contact Greg Wildisen, International Managing Director, at gwildisen@epiqsystems.com or 212-225-9282.

For press inquiries, please contact Cindy Morgan-Olson, Public Relations, at colson@epiqsystems.com or 646-408-5896.

Please visit http://iQReview.epiqsystems.com.

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