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Cole Schotz P.C. Increases eDiscovery Capacity With Arc(SM)

KANSAS CITY, Kan., May 19, 2015 (GLOBE NEWSWIRE) -- Iris Data Services, an Epiq Systems company (Nasdaq:EPIQ) and the leader in eDiscovery managed services, today announced that Cole Schotz P.C., a national law firm that represents Fortune 500 companies and thousands of businesses and individuals, has increased the firm's eDiscovery efficiency and capacity through a managed services partnership with Iris.

Cole Schotz recognized the need to leverage advanced technology to contain clients' rising eDiscovery costs and burdens and sought a state-of-the-art review technology for use in every litigation matter. The firm licensed a multi-year ArcSM managed services deal last year, giving the firm its own Relativity® environment without capital expenditure.

"Arc provides us with the infrastructure to provide all of our litigation clients full-cycle, all-in discovery services. We handle eDiscovery counseling, project management, data processing, analytics, attorney review and production while leveraging Iris's secure infrastructure," said Susan Usatine, a partner at Cole Schotz P.C. "Iris's technical expertise is unparalleled and the team's genuine concern for the long-term success of our collaboration made Iris Arc the right choice for our firm."

"Arc helps us leverage our assets while avoiding the long-term maintenance that comes with internally managing an eDiscovery platform," said Larry Rabinowitz, chief information officer at Cole Schotz P.C. "Iris has continued to offer great support after signing."

"Cole Schotz is a firm that strives to stay ahead of the curve," said Major Baisden, managing director, eDiscovery Managed Services of Iris Data Services. "Arc gives Cole Schotz access to the best review tool on the market. Having it in-house is a win for both the firm and their clients."

Iris ArcSM managed services provides clients with their own Relativity® environments for a fixed monthly fee. Iris fully supports each client's infrastructure, which means no more performing upgrades, managing SQL or running out of SAN space. Arc offers users an easy-to-navigate interface that simplifies administration and reporting. The added scale and efficiency that Arc brings has allowed the firm to use the best technology on all cases, regardless of size.

About Cole Schotz P.C.

Cole Schotz P.C. serves clients nationally throughout the United States with offices in New York, New Jersey, Delaware, Maryland and Texas. The firm represents private equity firms and hedge funds, as well as thousands of closely-held businesses and individuals — many for decades — as well as Fortune 500 companies. Founded in 1928, the firm has grown to over 120 attorneys who work in eleven primary areas of practice.

About Iris

Iris Data Services, an Epiq Systems company, is the leader in eDiscovery managed services — no other provider has more clients, experience or focus. Iris's suite of products includes HorizonSM managed services processing, which seamlessly integrates best-in-class applications, and Iris ArcSM managed services, a private Relativity® environment for a fixed monthly fee. Iris's U.S. headquarters is in Kansas City and its European headquarters is in London. Iris provides global services through locations in the United States, Europe, India and China. For more information about Iris, visit www.irisds.com.

About Epiq Systems

Epiq Systems (Nasdaq:EPIQ) is a leading global provider of integrated technology solutions for the legal profession, including electronic discovery, bankruptcy, and class action and mass tort administration. We also offer full-service capabilities to support litigation, investigations, financial transactions, regulatory compliance and other legal matters. Our innovative technology and services, deep subject-matter expertise and global presence spanning 45 countries served from more than 20 locations allow us to provide secure, reliable solutions to the worldwide legal community. Visit us at www.epiqsystems.com.

CONTACT: Press Contact Lauren French Iris Data Services (913) 815-8072 lfrench@irisds.com Investor Contacts Kelly Bailey Epiq Systems 913-621-9500 ir@epiqsystems.com Chris Eddy Catalyst Global 212-924-9800 epiq@catalyst-ir.com

Source:Epiq Systems, Inc.