AXS-One.

• Position: RECORDS MANAGEMENT

AXS-One, a provider of scalable, high-performance records compliance management (RCM) solutions, has announced the release of the AXS-One Compliance Platform 3.7, an enhanced version of its flagship product.

Rutherford, N.J.-based AXS-One says, "Version 3.7 is the first and only archiving solution to provide comprehensive, integrated functionality to ensure that records pertaining to a specific case or cases are preserved and managed, in line with litigation hold orders, and that an auditable chain of custody supports testimony requirements."

Version 3.7 is dubbed The Data Preservation Edition, and general availability was timed to coincide with the first anniversary of the amended Federal Rules of Civil Procedure (FRCP) last Dec. 1. The amendments introduced new rules for the discovery and handling of electronic records in federal courts, placing additional importance on the need for adequate data preservation, as well as introducing a new all-encompassing category of records described as Electronically Stored Information (ESI).

"FRCP requires litigation hold, which can prevent companies from disposing of records," said Bill Lyons, CEO of AXS-One, in an announcement. The new application, however, "allows companies to confidently start the...