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Electronic Discovery Provider Orange Legal Technologies Announces Quarter over Quarter Revenue Growth of 31% during the Second Quarter of 2010
OneO® Discovery Platform Enables Eighth Consecutive Quarter of Double-Digit Growth
SALT LAKE CITY – (August 23, 2010) – Orange Legal Technologies, a leading electronic discovery provider of one source litigation, audit, and investigation support services for law firms and corporations, continues to experience record growth and profitability with a 31% growth in revenue from Q1 to Q2 2010. This revenue growth, which annualizes to a 42% increase over 2009, follows record Q1 2010 electronic discovery growth and is the eighth consecutive quarter of double-digit revenue growth for the company.
“During the second quarter we continued our pattern of strong and sustained revenue growth – a growth accelerated by our participation in an increasing number of large and complex cases, “ shared Bret Laughlin, CEO and President of OrangeLT™. “Highlighted by our support of the joint defense counsel in one of the largest cases ever filed by the Securities and Exchange Commission – United States v. Robert Allen Stanford, et al. – our accelerating growth appears to be a direct indicator of increasing client desire for complete, integrated, and Software-as-a-Service delivered electronic discovery services. With our OneO® Discovery Platform and its ability to deliver online analytics (early case assessment), processing, and review from the security of a hosted centralized repository, we believe we are well positioned to both meet current and future client needs and to continue our record growth.”
“Eight consecutive quarters of double-digit growth is a significant milestone in the growth and sustainability of the company,” said Kristin Currey, Vice President of Sales of OrangeLT™. “This continued growth is a strong indicator of growing client confidence in our company, our OneO® Discovery Platform, and our ability to meet and exceed their electronic discovery expectations.”
For additional information on Orange Legal Technologies, please visit our website at: http://www.orangelt.com.
About Orange Legal Technologies
OrangeLT™ is a leading provider of one source litigation, audit, and investigation support services for law firms and corporations. OrangeLT™ offers a complete suite of electronic discovery services to include collection, analysis, processing, review and production of digital and paper-based information. OrangeLT™ is enabled by the OneO® Discovery Platform – an integrated, web-accessible electronic discovery platform that provides online analysis, processing and review of unstructured data from the security of a hosted centralized repository.
Media Contact | Rob Robinson | Orange Legal Technologies | 1-512-934-7531 | pr@orangelt.com
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