Iron Mountain Digital Announces IP Litigation Discovery Escrow Service to Simplify and Facilitate Pre-Trial Discovery
Helps IP Attorneys Easily, Securely and Cost-Efficiently Manage the Discovery Process
NEW YORK - LegalTech – Feb. 2, 2009 – Iron Mountain
Digital, the technology arm of Iron Mountain Incorporated (NYSE: IRM),
today unveiled its IP Litigation Discovery Escrow Service at the
LegalTech New York conference and exhibition, at booth # 2105 and 2107,
where the service will be showcased along with eDiscovery solutions
from Stratify, an Iron Mountain company.
Research analyst firm, Gartner, states, “Litigation is
counter-cyclical, and with more trouble in the economy, there will be
more litigation.”[1]
Iron Mountain has witnessed this trend as well, and developed its IP
Litigation Discovery Escrow Service, or Discovery Escrow, in response
to requests from patent litigation attorneys to better leverage
intellectual property (IP) assets held in escrow. Discovery Escrow has
been put into service bysome of the world’s most notable technology
companies over the past year. Iron Mountain provides a neutral, secure
and controlled environment that allows plaintiffs to access and examine
the intellectual property in question, while eliminating the potential
exposure and risk associated with defendants delivering that
proprietary information directly to plaintiffs.
Iron Mountain’s Discovery Escrow service allows organizations to
efficiently comply with the discovery provisions related to
intellectual property litigation. As part of a mutually beneficial
protective order to the court, the Discovery Escrow service helps to
reduce the cost, response time, and risks that frequently accompany
legal discovery. Leveraging Iron Mountain’s extensive national
footprint of secure data protection vaults, the Discovery Escrow
service is available over a broad geographic area, enabling the service
to be delivered at locations that are conveniently located and
agreeable to both parties.
“We recently used Iron Mountain’s IP Litigation Discovery Escrow
Service for a case where the parties needed to produce their source
code in New York, California, and Texas. Iron Mountain was able
to provide us with a secure space in each location,” said Keana T.
Taylor, an intellectual property attorney with Wong, Cabello, Lutsch,
Rutherford & Brucculeri, L.L.P. “As a result, the needs of both
parties’ counsel were met and the clients’ IP remained protected.”
Another IP law firm that recently has used the Discovery Escrow
service comments, “We wouldn't think of anyone else to turn to for this
sort of highly sensitive review outside our offices, except Iron
Mountain. You've done an excellent job in helping us with the discovery
process.”
Iron Mountain's Discovery Escrow service provides the convenience of
secure locations near all major metropolitan areas in North America.
Guarded, climate-controlled, state-of-the-art data protection vaults
store all types of intellectual property materials. Secure rooms, which
are specifically configured to prevent all external communications, are
used for examining relevant materials while retaining strict control
against dissemination. Customers can easily specify and regulate who
may view materials, and when those materials are available for
examination.
“During the discovery phase of litigation there is an inherent
conflict of interest between the parties,” stated David Strouse of Iron
Mountain Digital’s Intellectual Property Management services.
“Defendants must satisfy the discovery requirements of the court while
simultaneously protecting their intellectual property. At the same
time, it is essential that plaintiffs’ attorneys and experts gain
access to the information necessary to prepare for trial. Iron Mountain
is renowned as a trusted, neutral third party; this is why it can so
successfully balance the needs of both the defendant and the plaintiff.”
To download a free white paper on The Challenge of Legal Discovery for Patent Litigation,
view an online presentation, or review the data sheet on Iron
Mountain’s IP Litigation Discovery Escrow Service, please visit: www.ironmountain.com/discoveryescrow
For more information about the IP Litigation Discovery Escrow
Service, please call Iron Mountain Digital at 800-962-0652 or email ipm-info@ironmountain.com.
About Iron Mountain Digital
Iron Mountain Digital is the world's leading provider of
Storage-as-a-Service solutions for backup and archiving. The technology
arm of Iron Mountain Incorporated offers a comprehensive suite of data
protection, archiving and intellectual property management solutions to
thousands of companies around the world, directly and through a
world-wide network of channel partners. Iron Mountain Digital is based
in Southborough, Mass. with European headquarters in Frankfurt,
Germany. For more information on Iron Mountain Digital’s Intellectual
Property Management services, visit www.ironmountain.com/ipm.
About Iron Mountain
Iron Mountain Incorporated (NYSE:IRM) helps organizations around the
world reduce the costs and risks associated with information protection
and storage. The company offers comprehensive records management and
data protection solutions, along with the expertise and experience to
address complex information challenges such as rising storage costs,
litigation, regulatory compliance and disaster recovery. Founded in
1951, Iron Mountain is a trusted partner to more than 120,000 corporate
clients throughout North America, Europe, Latin America and Asia
Pacific. For more information, visit the company's Web site at www.ironmountain.com.
[1] January 9, 2009 report on “Reduce the Cost and Risk of e-Discovery in 2009” by Debra Logan and John Bace