NEW YORK, July 19, 2017 (GLOBE NEWSWIRE) -- FRONTEO USA, Inc. (“FRONTEO USA”), a wholly-owned direct subsidiary of FRONTEO, Inc. (“FRONTEO”) (NASDAQ:FTEO) (TSE:2158) and a leading provider of global eDiscovery, advanced review, compliance and governance services utilizing artificial intelligence (“AI”), announced today that it has been named as a “Major Player” in the IDC MarketScape: Worldwide eDiscovery Services 2017 Vendor Assessment. (Angela Gelnaw, #US42255117). The IDC MarketScape study assesses both the existing capabilities and the future business strategies of leading eDiscovery service providers.
FRONTEO USA’s access to FRONTEO’s broad international footprint and innovative technologies are a key differentiators for the firm. FRONTEO offers end-to-end eDiscovery services, in addition to Lit i View E-DISCOVERY, utilizing proprietary technology for AI and Asian-based processing and review, as well as leading industry technology products such as RelativityOne.
“We are pleased that FRONTEO USA has been recognized for our accomplishments in building a leading, global eDiscovery organization,” said Craig Carpenter, CEO at FRONTEO USA. “Our industry leadership in cross-border and multilanguage cases, along with continued innovation in the use of AI and cloud technologies allow us to provide Global 1000 and AM Law clients with deep expertise and global coverage to meet any challenge in litigation and investigations, today and into the future.”
FRONTEO’s regional headquarters are based in Tokyo, New York, London, Seoul, and Taipei. Its professionals provide discovery consulting, complete eDiscovery services, analytics consulting, and managed review staffing from 16 offices and review centers across the globe.
About IDC MarketScape
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
About FRONTEO USA, Inc.
FRONTEO USA, Inc. (“FRONTEO USA”) is a wholly-owned direct subsidiary of FRONTEO, Inc. (“FRONTEO”) (NASDAQ:FTEO) (TSE:2158), Inc., a publicly traded global technology and services company specializing in big data, artificial intelligence, information governance, managed review, and litigation consulting for the eDiscovery market. FRONTEO USA serves AM Law 200 law firms, Fortune 500 companies and government agencies across all phases of the eDiscovery process including collection, processing, forensic investigation, hosted review, and production. FRONTEO USA provides robust English language services along with advanced specialization in Chinese, Japanese and Korean (CJK) languages supported by our Lit i View™ platform. Driven by FRONTEO’s unique AI technology KIBIT™, companies are able to proactively and predictively assess fraud, data leakage and pre-crime events alongside the eDiscovery lifecycle and gain a deep understanding of their data. FRONTEO USA is a Relativity Best in Service Orange partner, and maintains review centers in San Francisco, Los Angeles, Phoenix, Houston, New York, Washington, DC, Tokyo, Seoul, Taipei City, and Manila. For more information visit www.fronteo.com/usa.
Safe Harbor Statement
This announcement contains forward-looking statements. These forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the amount of data that FRONTEO expects to manage this year and the potential uses for FRONTEO’s new service in intellectual property-related litigation, contain forward-looking statements. FRONTEO may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about FRONTEO’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: FRONTEO’s goals and strategies; FRONTEO’s expansion plans; the expected growth of the data center services market; expectations regarding demand for, and market acceptance of, FRONTEO’s services; FRONTEO’s expectations regarding keeping and strengthening its relationships with customers; FRONTEO’s plans to invest in research and development to enhance its solution and service offerings; and general economic and business conditions in the regions where FRONTEO provides solutions and services. Further information regarding these and other risks is included in FRONTEO’s reports filed with, or furnished to the Securities and Exchange Commission. FRONTEO does not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this press release and in the attachments is as of the date of this press release, and FRONTEO undertakes no duty to update such information, except as required under applicable law.