Nextpoint Experiences Substantial Growth in First Half of 2010

July 14, 2010 - PRLog -- CHICAGO, IL – Nextpoint, Inc., the nation’s leading provider of cloud-based technology products to law firms and corporate law departments, today announces that the company experienced substantial growth in the first half of 2010. To respond to the growth, staff additions were made in the company's Chicago headquarters and the Nextpoint Technology Lab in Madison, WI. The company also has expanded its presence on the West Coast in Los Angeles, and will continue making investments in its cloud computing platform.

“We are very excited by the growth in our key business metrics—revenues, data processed and hosted, and users—that we have experienced so far in 2010,” stated Rakesh Madhava, Nextpoint CEO. “Cloud computing is maturing and our investments over the past four years are paying off. We believe experiencing growth in this kind of economic climate is a validation of our business strategy, and we are committed to continued innovation in our cloud platform for our customers.”

The company recently announced the beta release of Cloud PreservationTM, an immediate, low-cost solution that allows users to schedule crawls that can archive social networking sites, blogs and public-facing websites. The company expects the product to come out of beta into full release by the end of Q3 2010.

Nextpoint technology was recently the focus of an Amazon Web Services (AWS) case study, which can be viewed at: http://aws.amazon.com/solutions/case-studies/nextpoint/. Nextpoint chose AWS as the hosting platform for its applications to provide exponentially faster processing, practically infinite storage capacity, industry-standard security, and the assurance of being on a platform that by its very nature will remain affordable and viable well into the future.

About Nextpoint
Nextpoint (www.nextpoint.com) is a leader in delivering cloud computing products and services to the legal industry. The company’s world-class, cloud-based platform answers the unique legal, regulatory, and compliance requirements posed by data stored in "the cloud." Trusted by leading corporations and blue-chip law firms, Nextpoint provides a better platform to manage sensitive business-critical information.

Contact:

Elyse Fleischman
Nextpoint
P: 773.929.4000
E: efleischman@nextpoint.com

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Nextpoint is the leading provider of cloud computing technology to law firms and corporations of all sizes. Lawyers nationwide rely on Nextpoint technology for data preservation and compliance, electronic discovery, and trial preparation.