CoreVault™ Receives Endorsement from Oklahoma Bar Association (OBA)

May 22, 2007

OKLAHOMA CITY, May 22, 2007 - CoreVault™ announced today that it has received an exclusive endorsement from the Oklahoma Bar Association (OBA), which represents over 15,000 attorneys and law firms throughout the state. “This endorsement allows us an opportunity to tailor our service offering to the legal community right here in Oklahoma”, says Jeff Cato, Vice President of Sales & Marketing for CoreVault.



“Oklahoma lawyers’ highest priority is protecting our clients’ confidentiality and information,” said OBA President Stephen Beam. “Much of that information is now stored electronically, and it is critically important for that information to be backed up securely. By offering this secure service to OBA members, we are assuring the public that lawyer-client confidentiality is something we take very seriously while also protecting both clients and law firms from the risk of data loss.”



 Market research indicates that companies’ data storage needs are increasing on average at a rate of 30 to 40% annually. Despite this phenomenal data growth rate, many companies still back up their data on tape or disk. The Gartner Group, a nationally-recognized research firm, says, "34 percent of companies fail to test their backups, and of those that do, 77 percent have found tape backup failures." In recent years, escalation of natural disasters worldwide, increases in U.S. regulatory mandates like HIPAA and Sarbanes-Oxley, and the high cost of human resources continue to constrain small to mid-sized employers. Data management has become critical to the success of law firms.

   

“CoreVault™ assures OBA members that their important data will be backed up in a secure, reliable and cost-effective manner. CoreVault’s online services allow individual attorneys to back up their laptop data, which is a major area of vulnerability for many practicing lawyers today.  Many of OBA’s members are solo practitioners with no dedicated IT staff, and smaller law firms face more challenges with regular backup.  Larger law firms can benefit from our tiered service platforms designed to manage data and costs effectively on a long term basis. Our bottom line─CoreVault’s offerings of services and affordable secure solutions can be designed and implemented to suit your practice’s unique and specific needs.” said Cato.



“Law firms are generally very busy workplaces,” says Jim Calloway, Director of the OBA Management Assistance Program. “It is a challenge for many of them to get a weekly backup done and preserved off-site. Yet the economic impact of losing even a few days worth of work in the event of a system crash would be profound. Recreating two or three day’s worth of work could be challenging, especially if there were court deadlines looming.  This plan allows even a solo practitioner to have automated daily backups, with CoreVault™ staff in place to assist if there was a disaster and data needed to

be restored.”



OBA  members can learn more about the OBA-CoreVault™ backup plan by visiting the CoreVault™ website at   www.corevault.net/oba.

 

About CoreVault

CoreVault™ provides data backup and recovery services that are automated and centrally managed to help businesses protect their data. Our solution helps companies with offsite protection, fast restores, regulatory compliance, increased security and world class customer service. In addition, CoreVault's two private data centers are geographically separated and possess redundant systems. For additional information, go to www.corevault.net. 



About OBA

The Oklahoma Bar Association is a nonprofit organization created by the Oklahoma Supreme Court to advance the administration of justice and to foster and maintain learning, integrity, competence, public service and high standards of conduct among Oklahoma's legal community. The bar and its members are committed to serving the public by making sure the voices of all people in Oklahoma are heard in our justice system. For additional information, go to www.okbar.org.



Contact:

CoreVault

Jeff Cato, Vice President of Sales & Marketing

405 391 8421