Sonasoft (SSFT) announces that The Golden Gate Bridge Highway and Transportation District awarded Cornerstone Technologies, the Company’s eDiscovery partner, a five-year managed services contract to assist the municipality that ensures a rapid response to its public records requests. The agreement is worth $260,000 over five years.
FOR IMMEDIATE RELEASE
(As published on Nasdaq GlobeNewswire)
August 9, 2018 – San Jose, California, Sonasoft Corp. (OTCPK: SSFT), a leader in providing innovative eDiscovery and email archiving solutions, announces that The Golden Gate Bridge Highway and Transportation District awarded Cornerstone Technologies, the Company’s eDiscovery services partner and new subsidiary, a five-year managed services contract to assist the municipality with the rapid response to its public records requests. The agreement is worth $260,000 over five years.
This municipality awarded the five-year service contract to Cornerstone Technologies for its consistent and proven track record in providing litigation support and managed eDiscovery services to many major technology, healthcare, municipalities and financial institutions. Cornerstone Technologies’ support contract includes running searches, identifying key content from multiple data sources, preserving data, expiring irrelevant content, as well as, quickly producing the needed data to resolve public, legal, and other time-sensitive requests that are mandated upon the municipality.
In 2004 and 2014, respectively, California voters approved Propositions 59 and 42 to amend the state constitution to include the public’s right to access public records in a timely manner. The California Public Records Act (CPRA), which is similar to the Freedom of Information Act (FOIA) but emphasizes the inherent right for people to access the information as written in the California Constitution. According to the CPRA, a ten-day response time with a maximum 14-day extension may be made for producing information. In no way may the extension be used to delay or obstruct the collection of data. Therefore, the public sector is legally obliged to respond to its citizens. It is the constitutional law to produce these documents within these stringent time constraints. There is no higher appeal. Cornerstone Technologies along with parent company Sonasoft, will provide the technology services and expertise to ensure major clients such as The Golden Gate Bridge Highway and Transportation District remain compliant with the stringent requirements under the CPRA and FOIA.
The competitive advantage to Cornerstone Technologies’ managed eDiscovery services include:
- Highly skilled search experts that are leveraged for legal production; this frees up the client’s employee resources who might not be proficient in conducting legal searches
- Dedicated litigation support to track and meet all time requirements and deadlines
- Ability to search and produce relevant data across platforms to satisfy an eDiscovery litigation or public records requests
“Once again, our amazing team has earned the opportunity to serve a major client because of our reputation and performance with others,” said Eugene Alfaro, Cornerstone Technologies CTO and VP of Engineering. “The dedication and contribution of each team member to successfully meet and exceed our clients’ needs yield great returns. Although investors pay close attention to our large consulting engagements like this one, every managed service contract matters. These organizations trust Cornerstone Technologies to look after its data and immediately produce only the relevant data when required. We give our clients the peace of mind knowing that they will be serviced and supported in the most professional way possible. I am glad that Cornerstone Technologies, in partnership with Sonasoft, can continue to earn these organizations’ trust and business.”
Cornerstone Technologies has migrated over 250,000 users and billions of messages into platforms such as Microsoft 365 for many large enterprise clients over the past 7 years. Once Sonasoft’s email archiving, eDiscovery, and AI product offerings are fully integrated, the combined Company intends to be a one-stop shop to capture a significant portion of the eDiscovery services and technology markets.
Sonasoft signed the definitive agreement to acquire Cornerstone Technologies on May 1, 2018. Both companies are currently undergoing an independent audit prior to finalizing the acquisition. Once completed, Sonasoft intends to up-list to OTCQB and become a fully reporting company. These initiatives are expected to be completed in the coming weeks. Shareholders can expect service contracts from clients of this caliber on a consistent basis moving forward as Cornerstone Technologies is fully integrated into Sonasoft.
Further announcements from the Company can be expected in the coming weeks as corporate and technology-specific initiatives continue to develop and finalize.
For a no-cost consultation and to learn more about more about the power of SonaVault 6.1 eDiscovery and Email Archiving Solution, visit us here:
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About Cornerstone Technologies
Based in the heart of Silicon Valley, Cornerstone Technologies is a leading provider of engineering services focused on the design, deployment, migration, and management of IT workloads for enterprise customers. With expert focus on messaging migration, identity access management, modern data center, and managed services solutions, Cornerstone Technologies plays a pivotal role in the transformation of their clients’ IT environments. Cornerstone Technologies is a key partner to Microsoft, Dell/EMC, VMware, and TransVault, and the company has built an impressive customer list across multiple verticals, which include retail, high tech, healthcare, public transportation, and financial services.
For further information about Cornerstone Technologies, please visit:
Sonasoft Corporation is a publicly traded corporation and is listed on the OTC Markets under the trading symbol SSFT. Sonasoft is now an AI-first company. The Company intends to integrate artificial intelligence (AI) into the Company’s core business model, which includes enterprise-class email archiving, eDiscovery, and business continuity software solutions for Microsoft Business Applications on Microsoft Windows platforms. Sonasoft’s signature products for eDiscovery tools, which include SonaVault 5.0 Email Archiving and eDiscovery Software, as well as SonaVault Email Archiving Appliances, deliver affordable enterprise-level functionality that exceeds compliance and ease-of-use requirements of small and medium-sized businesses, governments, school districts, organizations, and enterprises. The company also launched SonaSecure, which protects systems from ransomware and other email-based threats as well as provides email continuity services. In addition, Sonasoft offers data export and migration services for competing email archiving solutions. Sonasoft email archiving and eDiscovery solutions have hundreds of deployments with an exceptionally high degree of customer satisfaction. Founded in 2003, the company is headquartered in San Jose, California.
For more information about Sonasoft’s email archiving solutions and business continuity software, contact:
Phone: (408) 708-4000
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This release contains statements that constitute forward-looking statements. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company’s financing plans; (ii) trends affecting the Company’s financial condition or results of operations; (iii) the Company’s growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words “may,” “would,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “intend,” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.
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