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AOL Expands its Investment in Exterro’s End-to-End E-Discovery Software to Reduce Outside Legal Spending

AOL adds Exterro E-Discovery Data Management with Managed Review, Exterro Compliance Portal and Exterro's SharePoint Connector after a successful deployment of Exterro Legal Hold in 2013

PORTLAND, Ore., May 13, 2015 – Exterro® Inc., the preferred provider of software specifically designed for in-house legal and IT teams at Global 2000 organizations, today announced that AOL Inc. (NYSE: AOL) has expanded its investment of Exterro's software as part of an initiative to improve e-discovery efficiency and cut down on external spending. After successfully deploying Exterro Legal Hold last year, AOL is expanding its in-house e-discovery systems by adding Exterro E-Discovery Data Management with Managed Review, Exterro Compliance Portal and Exterro's SharePoint connector.

“Our risk profile has become much more complex over the years. We're no longer just an Internet service provider. We now have dozens of subsidiaries across the country and overseas, which have brought distinct litigation and compliance risks, new technologies and different operating cultures that we've had to learn to navigate," said Jeff Novak, AOL's chief counsel of litigation and compliance and VP of state public policy. “Tighter legal budgets and an upward trend in e-discovery spending have required us to take a fresh look at our approach to e-discovery and the technology we use to manage it."

AOL adopted Exterro Legal Hold in 2013 as part of a strategic initiative to automate its e-discovery processes and enable its legal team to programmatically manage the company's preservation obligations. Expanding on that initiative, AOL is bringing more of its e-discovery process in-house with the following applications:

  • Exterro E-Discovery Data Management with Managed Review – AOL will now be able to conduct early case assessments, collections, analysis, review and productions internally to better assess matter issues, size and resource requirements much earlier in the discovery process. This includes Exterro's full managed review application to support large-scale, multi-tenant review, which will enable AOL to better control data volumes and cases being sent to outside counsel.
  • Exterro Compliance Portal – To help improve custodian compliance with legal hold requests, AOL has added Exterro Compliance Portal, which consolidates employees' hold obligations and interview requests and allows them to be viewed on their PCs or from their smart phones, tablets and other personal devices.
  • Exterro SharePoint Connector – Furthering its integrations with the company's IT systems, AOL is integrating Exterro E-Discovery Data Management with SharePoint to ensure rapid access to custodian information.

“We are extremely pleased to be working with AOL as a valued client," said Bobby Balachandran, president and CEO of Exterro. “Having the ability to manage all e-discovery processes with via a single system will enable AOL to achieve measurable ROI by significantly advancing internal processes, improving efficiencies and controlling outside legal spend. We look forward to helping the AOL team fully leverage all of the capabilities available in the Exterro E-Discovery Software solution to achieve its goals."

About AOL, Inc.

AOL (NYSE: AOL) is a media technology company with a mission to simplify the Internet for consumers and creators by unleashing the world's best builders of culture and code. As the 4th largest online property in the U.S., with approximately 200 million monthly consumers of its premium brands, AOL is at the center of disruption of how content is being produced, distributed, consumed and monetized by connecting publishers with advertisers on its global, programmatic content and advertising platforms. AOL's opportunity lies in shaping the future of the digitally connected world for decades to come. Follow us on twitter @AOL_Inc.