PORTLAND, OR, Oct 13 (Reuters) -- Exterro, a leading provider of legal hold and discovery management
software for the legal industry, today announced the formation of the Legal GRC Center for Innovation. The Center for Innovation will serve as
a thought leadership forum for the legal industry. The forum will be dedicated to helping companies understand the implications of legal
governance and compliance on legal processes and systems by leveraging concepts already proven in other industries. It will be a collaborative
effort, led by a self-governing board of members, in which professionals help each other.

"With the passage of the Sarbanes-Oxley Act in 2002, IT and finance sectors have had a GRC forum in which to identify risk areas, create
special internal audit grounds, track success and minimize risk exposure," said Bobby Balachandran, CEO of Exterro. "With the launch of
the Legal GRC Center for Innovation, the legal industry now has its own forum in which organizations can share experiences and develop insights
about how legal teams 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 manage the risk exposure and compliance concerns. All too often, corporate
counsel has had to spend excessive resources remaking the wheel, reacting to litigation requests, government inquiries, and other compliance
obligations. Legal GRC will create efficient internal processes that companies can rely on, creating a consistent, streamlined approach to risk
mitigation and compliance.

Legal GRC (governance, risk, and compliance) holds the potential to alleviate the pain and reduce risk exposure in-house counsel face across
compliance areas. GRC has been applied successfully in other professions, most notably the IT and finance sectors. In the legal industry, GRC is a
holistic approach to identifying compliance burdens and risk areas, creating processes and policies to mitigate these risks, instituting
controls to ensure compliance with internal and external policies, and benchmarking metrics associated with risk areas. Corporations can then
implement a proactive approach, anticipating risk exposure by establishing good governance and controls to minimize future risk. Through informal
gatherings, interactive thought sessions, roundtable events and online discussion forums, the Center for Innovation will provide corporate legal
teams with insights into how governance and legal compliance affect business units. It will help legal teams formulate efficient and effective
responses to increasing regulatory and litigation-related compliance.

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

"Successful Legal GRC initiatives will require strategic vision that leverages a combination of policies, processes, and technologies to manage
corporate information at all levels," said Gary Tully, Senior IT Manager for Corporate Legal and Technology Licensing at Qualcomm, Incorporated.
"By participating in a collaborative group where members can share experiences and formulate effective responses to Legal GRC issues,
companies will be able both to develop that vision and to initiate streamlined processes. I look forward to working with my peers in this
forum."

About Exterro

Exterro, Inc. is the recognized leader for legal governance, risk management and compliance software solutions. Exterro’s solutions enable legal teams to control risks, reduce costs, enforce compliance and streamline processes by tightening collaboration between outside counsel, in-house legal teams, cross-platform business units, service providers and experts. Exterro pioneered e-discovery workflow management technology, and continues to expand the Fusion suite of applications – Genome: Dynamic Data Map 2.0, Legal Hold, Discovery Workflow Management and FusionGo. The complete Fusion platform provides an end-to-end risk assessment and information management solution. Regardless of industry or system environment, Fusion integrates seamlessly with existing business processes and enterprise systems. Exterro solutions assure regulatory compliance and create sustainable ROI. Headquartered in Portland, Oregon, Exterro has operations across the United States and abroad. For more information, visit www.exterro.com, or contact the company directly at +1 877-398-3776.

Read original article here: http://www.reuters.com/article/pressRelease/idUS187496+13-Oct-2008+MW20081013