DRAPER, UT -- November 11, 2008 -- NextPage,a leader in information risk management and compliance, today announced theavailability of NextPage Control™, a next generation enterprise informationrisk management application. The features and functionality of theaward-winning NextPage Document Retention have been incorporatedinto the new application, NextPage Control™. The combination furtherenables enterprises to track all document types, enforce policy acrossdocument storage locations, control risk and minimize the cost ofe-discovery.
NextPage Control ties a Digital Thread™ trail through all documents and versions so that a policy can be applied that results in enterprise-wide action: disposition, retention, preservation -- across all mediums hard drives, shared drives, USB key drives, email attachments and centralized repositories. The application helps reduce the risk of information by properly disposing of work versions and scattered versions, decreasing the cost of e-discovery by reducing the number of documents retained.
"Information risk exists because organizations cannot control informationassets that are created at the 'edge' across a large number of distributeddevices," said Brian Babineau, Senior Analyst with Enterprise StrategyGroup. "Without control, corporations will continue to save all dataforever, lose intellectual property, and risk the inability to locate andpreserve electronic evidence. NextPage provides a solution to help addressthis exact problem."
"In today's enterprises over 80% of documents should be disposed of basedon policy, yet less than 5% are. This creates significant risk and inDupont's case a cost of $11.9 M to review documents that should have beendeleted," said Darren Lee, President and CEO of NextPage. "With NextPageControl, enterprises can now control all of the information in theorganization and correctly enforce policy. This means they can drivecompliance and reduce risk and cost."
Features of NextPage Control:
