Daegis Announces Strategic Partnership with RedOwl Analytics

Partnership Enables Corporations to Use Their Archived Data to Assess Insider Risk

IRVING, Texas--(BUSINESS WIRE)-- Daegis Inc. (NASDAQ: DAEG), a global information governance, data migration solutions and development tools company, today announced a strategic partnership with RedOwl Analytics, a provider of security software for detecting insider threats. Through the partnership, corporations will be able to use enterprise and communication data archived in the Daegis Information Governance Platform with RedOwl’s behavioral analytics technology to comprehensively detect, assess and report patterns in user digital behavior that could pose insider-related security risks.

Corporations use the Daegis Information Governance Platform to manage their entire electronic footprint for regulatory compliance, governance, eDiscovery and FINRA and SEC requirements. As data is continually generated and volumes grow, this archived information becomes critical in providing a complete foundation for assessing and monitoring patterns and anomalies in the data that pose internal risk. RedOwl Analytic’s software, Reveal, takes the curated data in the Daegis archive and applies its algorithms, behavior modeling and content analysis capabilities to identify risky behaviors and digital exhaust or data trails produced by employees in order to identify potential insider risk to the organization.

“Corporations are looking for easier ways to centralize and manage data sources in order to completely and thoroughly assess the compliance and governance issues associated with insider risk, such as theft of intellectual property,” said Tim Bacci, CEO of Daegis. “The partnership between Daegis and RedOwl will be incredibly valuable to these corporations, as information is centrally archived, indexed and stored in Daegis’ Information Governance Platform and continuously available to RedOwl analytics for assessing insider threats as part of an overall information governance strategy.”

RedOwl CEO Guy Filippelli added, “RedOwl is pleased to partner with Daegis to provide a comprehensive solution that meets the compliance, security and eDiscovery demands of forward-leaning Chief Information Security Officers, Chief Compliance Officers, General Counsels and other senior executives that understand the massive potential of their untapped internal data sources in improving oversight and reducing risk.”

The Daegis Information Governance Platform archives email, instant messages, social media, file system documents, and essentially all structured and unstructured data into a single repository. This central archive provides corporations with a comprehensive source of data when conducting an investigation, generating real-time notifications of unusual patterns in digital behavior and for intelligent targeting of key documents for review for compliance or eDiscovery.

About Daegis Inc.

Daegis Inc. (NASDAQ: DAEG) is a global enterprise software and services company with comprehensive product offerings for information governance, data migration and application development. Our products include leading-edge information archive and eDiscovery, technology assisted review, mobile application development, application migration and data management software. Daegis also offers specialized services including analytics consulting, project management, managed document review and professional services and support. Approximately 20% of Fortune 100 companies use Daegis software. Headquartered in Irving, Texas, Daegis has offices in Rutherford, New Jersey and Roseville, California as well as in Australia, Canada, France, Germany and the UK. Visit www.daegis.com to learn more about Daegis’ software and services solutions.

About RedOwl Analytics

RedOwl Analytics provides a cutting-edge solution for risk, compliance, and investigatory use cases. The flagship product, Reveal, provides unprecedented value to forward-leaning organizations that understand the massive implications of the information they produce. Founded in Baltimore, MD, RedOwl is building software applications that diminish the liability hidden in corporate digital archives. All forms of relational event data are ingested and statistically analyzed with inferential mathematics. Users explore results through an intuitive and user-friendly interface. For more information, visit redowlanalytics.com.

Daegis Inc.
Ray R. Hernandez, 214-584-6466
[email protected]

Source: Daegis Inc.

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