Menlo Park, CA - May 20, 2004 - OpenSource, Inc., a leading provider of legal document analysis and management software to law firms, legal departments and legal publishers, today announced the release of OpenSource Sanitize. The new module enables law firms' knowledge management efforts by introducing accurate and efficient removal of sensitive data from transaction documents. OpenSource Sanitize makes use of the company's expertise in Natural Language Processing to significantly cut the time and increase the accuracy of document preparation for sharing.
Firms invest thousands of dollars and many work hours in processes, training and technology to capture and leverage partners' knowledge. All too often these efforts stumble on the apparent inconsistency between sharing practice knowledge and keeping transaction information confidential. Confidential information may include deal identifiers, for example price; company names and addresses; individuals' names, titles, and phone numbers. In many cases, sharing this information would be a breach of fiduciary duty. Removing it manually can be time-consuming and result in legal exposure through human errors. OpenSource Sanitize comes to enable automatic removal of this information from transaction documents.
"OpenSource Sanitize is a natural extension of our capabilities", said Uri Zernik, co-founder and CEO of OpenSource. "We listen carefully to our clients' needs. This, combined with our expertise in automatically understanding legal content, allows us to solve some of their major issues in a very short time. The removal of sensitive information before posting a document to a knowledge management system was one such issue and I am proud that we identified and dealt with it in no time."
OpenSource Sanitize includes the following capabilities:
A server-based module, OpenSource Sanitize is available as part of the company's flagship product, OpenSourceCM, or separately.
About OpenSource Inc.
Established in 1995, OpenSource provides legal document analysis and management solutions to law firms, corporate legal departments and legal publishers. The Company's products and services combine technologies such as Document Structure Analysis (DSA), Natural Language Processing (NLP) and Optical Character Recognition (OCR), with web architecture. They feature full-text cross-documents search, automatic removal of sensitive information, advanced comparison, automatic hyperlinking of referenced text, event ticklers and reports. For more information, call (+1 650) 330-1262 or visit www.opensourceinc.com.
OpenSource, OpenSource, Inc., OpenSourceCM, and OpenSource Sanitize are trademarks or registered trademarks of OpenSource, Inc. All other company and product names are property of their respective owners.