Wave Software Announces Record First Quarter Sales
Orlando, Fla. (PRWEB) April 11, 2008 -- As a result of growing demand for electronic discovery software and services, Orlando-based Wave Software today reported first quarter record growth for 2008. Comparing first quarter 2007 to first quarter 2008, Wave Software, a three-year-old e-discovery software company, reported growth in excess of 200 percent. The company's success was driven by a dramatic increase in the number of large consulting firms that adopted the company's Trident Pro suite of applications.
Trident Pro is designed to help law firms, corporate legal departments and legal service providers reduce costs and produce relevant results for litigation, electronic discovery and regulatory response. Wave Software's growth is attributed to the "big four" consulting firms using their product along with its strong partnership network of global legal service providers.
"We are on track for another record year. Our product innovation and new staff will support the company's growth for many years to come," said Robert Childress, President of Wave Software. "Since we started in 2005, we have found a market that is anxious for innovation and searching for a responsive software provider that delivers speed, flexibility and the scalability that many large consulting firms, law firms and corporations need. Our growth is a compliment to the team of professionals that we have assembled at Wave Software. We are well on our way, and we look forward to continuing to exceed expectation, and growing and supporting our loyal base of clients."
In addition to industry-leading consulting firms purchasing Trident Pro and revenue growth, Wave Software has hired additional employees, including programmers, sales staff and support staff. As a result of the company's growth, they will relocate to a larger corporate headquarters in Orlando.
Recent product enhancements include:
? Processing of foreign language documents. Trident Pro processes Unicode, non-Unicode, double byte and UTF-8 data. Latin, Greek, Cyrillic, Armenian, Hebrew, Arabic, and many other foreign languages are processed just as if they were in English;
? Enhanced functionality between Trident software and Image Capture Engineering, Inc. (ICE) product LAW 5.0 PreDiscovery. This enables rapid early case assessment and advanced litigation readiness;
? Enhanced search and culling with the addition of Vivísimo's Velocity Enterprise Search platform. Velocity allows for conceptual and meta data search, annotation and tagging of documents, all of which result in more productive culling;
? The ability to process one gigabyte of data in 10 minutes or less;
? The ability to process all file types.
For more information visit www.discoverthewave.com or call 1-888-225-6913.
About Wave Software
Wave Software, based in Orlando, Florida, provides the fastest, most accurate de-duplication, regeneration and export of native electronic files. Wave Software's flagship product, Trident, provides litigators in-house capability to cut down data sets to manageable amounts and then upload onto repositories for review and production. Wave Software offers software, consulting and training specialized in the legal industry.
Press Contact:
Richard Clark
Vice President Business Development
Wave Software
4580 Concord Landing, Ste.109
Orlando, FL 32839
P: 888.225.6913
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This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.
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