Discovia Achieves Record Sales Performance in 2014

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eDiscovery Services Leader Posts Highest Revenue for a Single Year in Company’s 11-Year History

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"We have great momentum entering 2015," said Discovia president Ciaran Power.

San Francisco, Calif. – January 8, 2015 – Discovia, a leading global provider of eDiscovery services to corporations, law firms and government entities, announced today that it achieved record sales performance for the fiscal year ending December 31, 2014. This was the company’s best annual revenue performance since it was founded in 2004.

“We are very excited about our performance in 2014,” said Discovia’s CEO Christian Lawrence. “Our clientele is quite diversified among leading corporations and law firms, and we grew our business last year through both greater penetration of existing clients and new client acquisition. Our managed services business is growing rapidly.”

Lawrence noted that the company’s net revenue has grown by over 250% in the last four years. Discovia also generated a 108% increase in new project wins in 2014 versus the prior year.

"Not only did we enjoy a record revenue performance in 2014, but we also achieved ISO 27001 certification and Relativity Orange Best-in-Service status," said Ciaran Power, Discovia's President. "We have great momentum entering 2015. We’ll commence some important new managed services relationships in January and we will also achieve HIPAA and PCI DSS compliance in the first quarter.”

About Discovia
Discovia is a leading global provider of electronic discovery services to corporations and law firms handling litigation, internal and ITC investigations, and HSR Second Requests. Services include onsite and remote data collections, data minimization, data processing and hosting, expert application of leading technology-assisted review tools, document review management, and document productions. It is one of very few companies in the industry to achieve both ISO 27001 certification and Relativity Orange Level Best-in-Service status. Through its proprietary processes, highly-automated operation and outstanding talent, Discovia delivers a 99.6 percent accuracy rate, data culling rates of over 95 percent for repeat clients, and a net promoter score of over 60 percent. Discovia is the first eDiscovery services firm to deliver a fixed-price managed service, enabling Fortune 500 corporate legal departments and law firms to gain a world-class eDiscovery function without building it internally. More information is available at 415-392-2900 or http://www.discovia.com.

Contacts
Greg Mazares, Discovia, 415-321-8399.

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Greg Mazares
Discovia
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