We continue to offer one of the most cost-effective, feature-rich virtual data room solutions on the market.
Atlanta (Vocus) July 15, 2009
V-Rooms™, a leading provider of internet based virtual data rooms for managing corporate financial and legal transactions, announced today improvements to its cloud computing program. These enhancements will expand the capabilities of its Litigation Support Division.
“We are excited to be releasing this new upgrade to V-Rooms Virtual Data Rooms to reinforce the services that we provide through our Litigation Support Division. Our system is paving the way for law firms to move toward an innovative litigation document management solution, at a fraction of the cost of the old paper-based methods.” said Dan Bradbary, CEO of Due Diligence Online, LLC, parent company of V-Rooms. “We continue to offer one of the most cost-effective, feature-rich virtual data room solutions on the market.”
A number of the enhancements revolve around full text search capabilities and the addition of administrator defined fields which improve the database management of documents and offer file tagging capabilities. For increased security and confidentiality, specific documents may now be made available for single individuals or even certain groups. This provides the ability to create folders for witnesses, depositions, pleadings and motions, while limiting access to that information on a “need to know” basis. Using the audit/tracking reports the administrator if fully aware of who has accessed each document and when. All of these document tracking capabilities are available within a secure online “cloud computing” program that sits outside the firm’s firewall and provides for around-the-clock document collaboration.
According to Karen Perkins, President, “What people are labeling as cloud computing is the ability and convenience of storing, accessing and sharing information outside their organizational firewalls. Especially in the legal business, sharing documents in a safe, secure, auditable manner outside a firm’s firewall is mission critical. The unsecure transfer of information the old way – email, courier, and fax – is being replaced by innovative solutions, like V-Rooms, that securely deliver information instantly to one or many recipients by using a centralized document repository.”
About V-Rooms™, powered by Due Diligence Online, LLC
Due Diligence Online, LLC (800-731-6379) provides a full service Virtual Data Room solution, using its proprietary V-Rooms™ technology for secure, auditable online document management of critical business information. The V-Rooms™ solution has facilitated projects with hundreds of users and thousands of files in such wide ranging applications as M&A, Capital Raising, Distressed Real Estate, Litigation Support, and Bankruptcy/Restructuring.
For more information, please contact:
Karen Perkins, President
Due Diligence Online, LLC