NEW YORK, Oct. 25, 2016 (GLOBE NEWSWIRE) -- FRONTEO USA, Inc. (“FRONTEO USA”), a wholly-owned direct subsidiary of FRONTEO, Inc. (“FRONTEO”) (formerly known as UBIC, Inc.) (NASDAQ: FTEO ) (TSE: 2158 ), a leading provider of global eDiscovery, managed review solutions and big data analysis services utilizing artificial intelligence technology, today announced the initial release of its FRONTEO ROI Analyzer™.
The new FRONTEO ROI Analyzer was designed to help law firms and corporations develop effective business plans and budgets for eDiscovery projects. “Truly effective cost management in eDiscovery results from data-driven decisions and optimizing the mix of law firm resources and managed review services,” said Richard Dilgren, International Director, Data Science & Strategy at FRONTEO USA. “ROI Analyzer was designed to meet that need.”
The ROI Analyzer is an easy to use application, available at no cost on the FRONTEO USA website. The tool utilizes user inputs about project deadlines, pace of review, and workflow selections such as email threading, predictive coding, quality control methods and other variables. User entry of project elements can be completed in just a few minutes. The resulting ROI Analyzer business plan and summary report provides projected time and cost estimates for law firm resources as well as FRONTEO managed review services, and the number of reviewers required to complete the project by the target date.
The ROI Analyzer then allows the user to adjust variables to further optimize the business plan and budget by comparing workflow options. Use of predictive coding, email threading, or shifting the allocation of resources between the document review team and FRONTEO managed review services team are all variable selections that can reduce the cost of review.
“Clients who have previewed the tool have told us how critical data transparency is for effective management of litigation support,” said Margaret Shaw Lilani, SVP, Global Review Services at FRONTEO USA. She added “the FRONTEO ROI Analyzer is a powerful pre-case planning tool that helps clients make realistic business plans and improve control of eDiscovery project costs.”
Legal professionals are invited to use the ROI Analyzer, available on the FRONTEO USA website and at http://www.savemoneyonreview.com/ . For assistance in building an eDiscovery business plan and budget, contact FRONTEO at usinfo@fronteo.com .
About FRONTEO USA, Inc.
FRONTEO USA, Inc. (“FRONTEO USA”) is a wholly-owned direct subsidiary of FRONTEO, Inc., a publicly traded global technology and services company specializing in big data, artificial intelligence, information governance, managed review, and litigation consulting for the eDiscovery market. FRONTEO USA serves Am Law 200 law firms, Fortune 500 companies and government agencies across all phases of the e-Discovery process including collection, processing, forensic investigation, hosted review, and production. FRONTEO USA provides robust English language services along with advanced specialization in Chinese, Japanese and Korean (CJK) languages. Driven by FRONTEO’s unique AI technology KIBIT™, companies are able to proactively and predictively assess fraud, data leakage and pre-crime events alongside the e-Discovery lifecycle and gain a deep understanding of their data. FRONTEO is a Relativity Best in Service Orange partner, and maintains review centers in San Francisco, Los Angeles, Phoenix, Houston, New York, Washington, DC, Tokyo, Seoul, Taipei City, and Manila.
For more information visit www.fronteo.com/usa .
Safe Harbor Statement
This announcement contains forward-looking statements. These forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the amount of data that FRONTEO expects to manage this year and the potential uses for FRONTEO’s new service in intellectual property-related litigation, contain forward-looking statements. FRONTEO may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about FRONTEO’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: FRONTEO’s goals and strategies; FRONTEO’s expansion plans; the expected growth of the data center services market; expectations regarding demand for, and market acceptance of, FRONTEO’s services; FRONTEO’s expectations regarding keeping and strengthening its relationships with customers; FRONTEO’s plans to invest in research and development to enhance its solution and service offerings; and general economic and business conditions in the regions where FRONTEO provides solutions and services. Further information regarding these and other risks is included in FRONTEO’s reports filed with, or furnished to the Securities and Exchange Commission. FRONTEO does not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this press release and in the attachments is as of the date of this press release, and FRONTEO undertakes no duty to update such information, except as required under applicable law.
CONTACT: FRONTEO USA Marketing Tel: (866) 803-7668, then dial 6 usinfo@fronteo.com
