RenewData® Wins Award as One of the Fastest Growing Private Companies in Austin

Austin Business Journal Cites RenewData as 2nd Fastest Growing Private Company in the over $10 Million in Revenue Category

Austin, TX, Oct. 21, 2005 - RenewData, the leader in Information Governance™ solutions for corporations, has been cited as the 2nd Fastest Growing Private Company in Austin. The award, given by the Austin Business Journal, recognizes companies in the Austin area that have shown extraordinary growth in the last three years. RenewData provides compliance, archiving and electronic discovery solutions for law firms and corporations. The company has grown from $3.6 million in net revenues in 2002 to $12.5 million in net revenues in 2004, with more than $40 million projected for 2005 year end.

"Our growth can be contributed to the increasing demand by corporations for a comprehensive solution to help them become compliance and litigation ready. When RenewData was founded, we provided mainly reactive electronic discovery solutions. But, new federal regulations and some unprecedented court decisions made it clear to us that in the future companies were going to need a more comprehensive and proactive approach. We expanded our services to encompass compliance, preservation archiving, enhanced electronic discovery and consulting solutions based on the growing market demand", said Bob Gomes, CEO of RenewData.

RenewData has grown from 16 employees in 2002 to its current roster of 210 employees, with plans to hire 100-140 more within the next few years. RenewData's headquarters are in Austin and has regional offices in Minneapolis, New York, Houston, Los Angeles and Washington D.C.

About RenewData

RenewData is a leading provider of e-discovery and ESI (electronically stored information) risk management services to assist corporations and law firms responding to lawsuits, investigations, and audits. Superior legal expertise, scalable technology, and a state-of-the-art facility featuring government level physical security enable RenewData to provide clients with secure, accessible, and manageable data in a cost effective and timely manner. RenewData's e-discovery services cover the five critical steps of the e-discovery process, including planning, preservation and collection, processing, review, and production. RenewData's ESI risk management services, which include backup tape liability management, data migration, and evidence storage, provide corporations with a proactive means of managing the risks associated with ESI. RenewData has been ranked a "top provider" in the Socha-Gelbmann Electronic Discovery Survey Report for four consecutive years and was ranked in the 2006 and 2007 Inc. 500 lists of fastest-growing privately held companies in the U.S. For more information, visit www.renewdata.com or call 888.811.3789.

Copyright © 2008 Renew Data Corp. All rights reserved. RenewData, the sphere logo, ActiveVault, and "Evidence. Not Data." are registered trademarks. ESIRM, BTLM, and single-pass processing are trademarks of Renew Data Corp. RenewData disclaims any proprietary interest in the marks and names of others.

Contact

RenewData: Diane Block | Sr. Director, Corporate Marketing | 512.276.5500 | dblock@renewdata.com

Lois Paul & Partners: Erin Hanley | Account Manager | 512.638.5309 | erin_hanley@lpp.com