NeedleFinder 3.5 E-Discovery Platform Installed In-House At Chevron Phillips Chemical Company LP

Houston, TX /PRNewswire/ -- Equivalent Data announced today that in-house appliances of their electronic discovery software platform NeedleFinder(R) 3.5 have been installed at Chevron Phillips Chemical Company LP (Chevron Phillips Chemical). Chevron Phillips Chemical's decision to install NeedleFinder(R) 3.5 was based on competitive pricing, distributed architecture, a complete audit trail feature, and ease of use.

NeedleFinder's fact-based culling removes the fear, uncertainty, and doubt that keywords and search terms inject into the discovery process and replaces it with a defensible methodology based on facts and traditional legal discovery practices. The software's unique built-in dictionaries, custodian controls, and domain and people affiliations give law firms and corporate legal departments the ability to use the facts contained in the metadata of the evidence to expose relevant and material elements rather than use a "magic formula" of keywords to meet their discovery obligations. The intuitive, web-enabled graphical interface limits training to minutes and can be accessed by any computer connected to the Internet. Documents can be produced directly from within the platform for added convenience and protection from spoliation claims. NeedleFinder is offered both as an on-demand SaaS e-discovery model and via in-house e-discovery appliance installations.

"NeedleFinder(R) 3.5 addresses the pain points of corporations and law firms during these challenging economic times," explains Mike Medrano, President and CEO of Equivalent Data. "Chevron Phillips Chemical understands the importance of bringing e-discovery in house to combat surging review costs. NeedleFinder was appealing because the software puts their distinguished legal team in the driver's seat, relying on their experience and intellect rather than a risky set of keywords."

About Equivalent Data

Since 1994, Equivalent Data has become a leading legal technology company and provider of electronic discovery services to law firms and corporate legal departments nationwide. Their proprietary software, NeedleFinder, has been recognized as one of the fastest and most comprehensive in the industry. For more information about Equivalent Data, visit www.eqd.com.

About Chevron Phillips Chemical Company LP

Chevron Phillips Chemical Company LP is a wholly-owned subsidiary of Chevron Phillips Chemical Company LLC, one of the world's top producers of olefins and polyolefins and a leading supplier of aromatics, alpha olefins, styrenics, specialty chemicals, plastic piping and polymer resins. The LLC and its affiliates own over $6 billion in assets and employ over 4,800 people at 40 manufacturing and research facilities in nine countries. Chevron Phillips Chemical Company LLC is equally owned by Chevron Corporation and ConocoPhillips and is headquartered in The Woodlands, Texas. For more information about Chevron Phillips Chemical, visit www.cpchem.com.

SOURCE Equivalent Data

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