Thursday, September 15, 2005

Yaletown Technology Group Announces Availability of Records Crawler(TM) for FileNet

Yaletown Technology Group Announces Availability of Records Crawler(TM) for FileNet

     ARMA 2005
Booth #500

VANCOUVER, B.C.--(BUSINESS WIRE)--Sept. 15, 2005--

  New Product Manages and Secures Document Assets Outside of Content Management Repositories, Providing Enhanced Regulatory and Records Management Compliance  

Yaletown Technology Group Inc. (YTG, URL: http://www.yaletech.com), a leading provider of enterprise content compliance solutions, is pleased to announce the availability of Records Crawler(TM) for FileNet. FileNet Corporation (Nasdaq: FILE) is the leading provider of enterprise content and business process management solutions. Records Crawler(TM), a component of YTG's CONSPECT(TM) compliance solution, is a new breed of records management tool integrated with FileNet's award-winning FileNet P8 Records Management suite, providing improved management and integration of content assets that reside outside of FileNet ECM repositories.

Based on YTG's proven and highly extensible Universal File Importer (UFI) technology, Records Crawler(TM) for FileNet is a server side engine which searches network drives and user hard drives for important documents that must be managed in accordance with corporate policies, and should not be managed independently by users. Upon finding uncontrolled documents, Records Crawler(TM) applies policies to those documents and depending on the status of the files, will take appropriate action such as delete the document, create a shortcut to the official version stored in the repository, declare the document as a record, import the document directly into the records repository, or modify the security of the document in the file system so it cannot be edited or changed. Records Crawler(TM) for FileNet can help organizations effectively manage all documents and files stored on network drives within a records management framework and is integrated with FileNet Records Manager.

"Every organization has network drives cluttered with documents, wrong versions of contracts and out-of-date policies, which can pose significant legal and operational risks to the organization," said Adam Wilkins, vice president of business development at Yaletown Technology Group. "Managing these documents appropriately is something that must be tackled in the same way that email management is being addressed today."

"FileNet welcomes the release of Yaletown Technology Group's Records Crawler capability integrated with the FileNet P8 ECM platform," said Martyn Christian, FileNet CMO. "Records Crawler is a valuable and innovative extension to Records Management which we believe can bring real value to those large corporations already deploying or planning to deploy FileNet Records Manager. Yaletown's track record in building out proven extensions to FileNet products gives us confidence in its success. Given the level of market adoption we are seeing for our own Records Manager suite, we are excited by this complementary development."

Records Crawler(TM) for FileNet will be showcased at the upcoming ARMA 2005 Annual Conference and Exposition, at the Navy Pier Festival Hall in Chicago, IL, September 18-21, 2005, Booth #500.

About Yaletown Technology Group Inc.

Yaletown Technology Group Inc. (YTG) provides content compliance technology to ensure that email, instant messages, intellectual property and documents are managed using records management best practices and tools. With fifteen years experience, and the most innovative approach anywhere, YTG has solutions deployed in companies worldwide.

Contacts
Media:
Meir Kahtan Public Relations, LLC
Meir Kahtan, 212-699-6065
mkahtan@rcn.com

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