SHMsoft is Latest Client to Join the Houston Technology Center Accelerator Program

April 30, 2012 - PRLog -- Named by Forbes as one of “Ten Technology Incubators Changing the World,” HTC’s Information Technology Program provides selected technology start-up companies with strategic and tactical management, in-depth business guidance, and access to investors and technical service firms.

“Being invited into HTC’s program will be an invaluable asset to our company and greatly accelerate our product development cycle and overall growth, says Julie Wade, Vice President of Business Development at SHMsoft. “We’ve worked diligently to create an innovative, disruptive technology for the legal field. With HTC’s help, we will quickly deploy SHMcloud™, the company’s flagship e-Discovery platform that will transform the e-Discovery workflow process by providing producing parties the tools they need to efficiently and cost-effectively review data needed for litigation.”

About SHMsoft:
SHMsoft is the first company to provide an open source e-discovery technology solution based on the popular Hadoop framework being adopted by many of the top Fortune 100 companies.  e-Discovery provides an excellent business use case for Hadoop, which combines parallel processing of text and other unstructured file types with advanced “machine learning” analytics – technology that is greatly needed by attorneys conducting large document reviews. SHMsoft’s products and professional services deliver value to law firms, enterprises, large organizations and governmental entities who are seeking relief from the high costs and undue burdens imposed by e-discovery requirements. SHMsoft is located in Houston, Texas.  For more information:  http://www.shmsoft.com.

About Houston Technology Center:
Named by Forbes' as one of "Ten Technology Incubators Changing the World," the Houston Technology Center is the largest technology business incubator and accelerator in Texas, advancing the commercialization of emerging technology companies in the greater Houston area. HTC serves as the nexus of new ideas, technological innovation, and entrepreneurship. Each day, the staff and partners of the Houston Technology Center work closely with entrepreneurs and startup companies providing them with in-depth strategic and tactical business guidance, fundraising advice, and connecting them to opportunities, allies, and capital. As a catalyst for change, economic growth and development, HTC’s focus is to assist in the acceleration and commercialization of emerging technology companies. Each company is treated individually according to their position in the Acceleration Pathway and their unique needs. As a 501(c)(3) nonprofit organization, HTC assists Houston-based entrepreneurs within several key sectors: energy, information technology, life sciences, nanotechnology, and NASA/aerospace.

The Houston Technology Center is generously supported by more than 300 of Houston’s leading corporations and academic institutions, as well as the Greater Houston Partnership, Texas Medical Center, NASA-Johnson Space Center and the City of Houston. Since 1999, HTC has provided feedback to well over 1,000 companies and coached more than 250 companies.   For more information, visit: http://www.houstontech.org.