"With the passage of the Sarbanes-Oxley Act in 2002, IT and finance sectorshave had a GRC forum in which to identify risk areas, create specialinternal audit grounds, track success and minimize risk exposure," saidBobby Balachandran, CEO of Exterro. "With the launch of the Legal GRCCenter for Innovation, the legal industry now has its own forum in whichorganizations can share experiences and develop insights about how legalteams can formulate and implement efficient and effective risk management,governance, and compliance processes."

About the Legal GRC Center for Innovation

Legal GRC has tremendous potential to help in-house counsel better managethe risk exposure and compliance concerns. All too often, corporate counselhas had to spend excessive resources remaking the wheel, reacting tolitigation requests, government inquiries, and other complianceobligations. Legal GRC will create efficient internal processes thatcompanies can rely on, creating a consistent, streamlined approach to riskmitigation and compliance.

Legal GRC (governance, risk, and compliance) holds the potential toalleviate the pain and reduce risk exposure in-house counsel face acrosscompliance areas. GRC has been applied successfully in other professions,most notably the IT and finance sectors. In the legal industry, GRC is aholistic approach to identifying compliance burdens and risk areas,creating processes and policies to mitigate these risks, institutingcontrols to ensure compliance with internal and external policies, andbenchmarking metrics associated with risk areas. Corporations can thenimplement a proactive approach, anticipating risk exposure by establishinggood governance and controls to minimize future risk. Through informalgatherings, interactive thought sessions, roundtable events and onlinediscussion forums, the Center for Innovation will provide corporate legalteams with insights into how governance and legal compliance affectbusiness units. It will help legal teams formulate efficient and effectiveresponses to increasing regulatory and litigation-related compliance.

"With increasingly complex and costly legal compliance initiatives, thereis a sense of urgency to streamline the associated legal processes. Thatsaid, it's time to apply GRC to the legal industry," said Robert Johnson,Litigation Support Specialist at Dominion Resources. "I look forward toputting processes in place where compliance with document requests,government inquiries and even court judgments can be tackled effectivelyand efficiently."

"Successful Legal GRC initiatives will require strategic vision thatleverages a combination of policies, processes, and technologies to managecorporate information at all levels," said Gary Tully, Senior IT Managerfor Corporate Legal and Technology Licensing at Qualcomm, Incorporated. "Byparticipating in a collaborative group where members can share experiencesand formulate effective responses to Legal GRC issues, companies will beable both to develop that vision and to initiate streamlined processes. Ilook forward to working with my peers in this forum."

A whitepaper explaining the benefits of the Center for Innovation can befound at: http://www.exterro.com/resources/whitepapers.exterro#

About Exterro

Exterro is the leading provider of advanced workflow technology for legalhold and e-discovery management. It was recognized in the 2008Socha-Gelbmann 6th Annual Electronic Discovery Survey as a top provider forits work with preservation, as well as a top all-around software providerbased on Corporation Rankings.

Exterro Fusion helps legal teams control litigation and discovery processesand costs by tightening collaboration between outside counsel, in-houselegal teams, service providers and experts. Exterro's easy-to-use,quick-to-deploy and simple-to-integrate management platforms are built onan open architecture that integrates seamlessly with existing businesssystems. A built-in management workflow engine provides cost controls,delivers time savings and reduces risks throughout the litigation supportprocess. Exterro is headquartered in Portland, Ore., with satellite officesin San Francisco, Chicago, New York and Dallas. Find out more about Exterroand its technologies at www.exterro.com.

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For More Information, press only:Valerie ChanExterroPhone: 206.856.7885E-mail: Email Contact