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CHICAGO, Aug. 11, 2020 /PRNewswire=KYODO JBN/ --

- Reveal takes a major step forward in its mission to bring AI to the masses

and changing the way electronic data is managed with a "next-generation"

solution

Reveal announced today the acquisition of NexLP, the leading artificial

intelligence software in the legal industry. With the acquisition, Reveal

becomes the market-leader in AI-powered, end-to-end eDiscovery.

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The acquisition of NexLP marks a significant step forward for the eDiscovery

industry, positioning Reveal as a next-generation market leader with the first

software to include best-in-class review, artificial intelligence and

processing in an all-inclusive solution that achieves better outcomes and

discovery insights faster.

"The future of eDiscovery is artificial intelligence. We've acquired the leader

in this space to ensure our platform is powered by cutting-edge AI technology

and NexLP's premier data science team," said Reveal CEO, Wendell Jisa. "This

exclusive integration of NexLP AI into Reveal's solution provides our clients

the opportunity to lead in the evolution of how law is practiced."

NexLP's artificial intelligence platform turns disparate, unstructured data -

including email communications, business chat messages, contracts and legal

documents - into meaningful insights that can be used to deliver operational

efficiencies and proactive risk mitigation for legal, corporate and compliance

teams.

Reveal clients have access to the next-generation solution now. The companies

have worked to fully integrate NexLP's AI software into Reveal's review

software for more than a year. All features, including the industry-exclusive

ability to run multiple AI models, as well as all future functionality, become

part of Reveal's standard software. NexLP's artificial intelligence platform

will remain available as a stand-alone application for current clients.

With the acquisition, Jay Leib, Co-Founder and CEO of NexLP, joins the

leadership team of Reveal as its EVP of Innovation & Strategy.

"We chose Reveal, after considering all the major players in the space, because

they offer by-far, the most comprehensive, solutions-oriented technology on the

market and we have a shared vision for the future of legal technology," said

Jay Leib, Reveal EVP of Innovation & Strategy. "Reveal's global footprint and

ability to deploy the Reveal solution in the cloud or on-premise enables us to

rapidly expand the adoption of AI to tens of thousands of legal, risk and

compliance professionals overnight. Our existing clients and partners should

all be thrilled with our ability to expand our capabilities by joining Reveal."

The NexLP acquisition is Reveal's second major investment since Gallant Capital

Partners, a Los Angeles-based investment firm, acquired a majority stake in

Reveal in 2018. In June 2019, Reveal acquired Mindseye Solutions, an

industry-leading processing and early case assessment software solution.

About Reveal Data Corporation

Reveal helps legal professionals solve complex discovery problems. As a

cloud-based provider of eDiscovery, risk and compliance software, Reveal offers

the full range of processing, early case assessment, review and artificial

intelligence capabilities. Reveal clients include Fortune 500 companies, legal

service providers, government agencies and financial institutions in more than

40 countries across five continents. Featuring deployment options in the cloud

or on-premise, an intuitive user design, multilingual user interfaces and the

automatic detection of more than 160 languages, Reveal accelerates legal

review, saving users time and money. For more information, visit

http://www.revealdata.com.

About NexLP

NexLP's Story Engine(TM) uses AI and machine learning to derive actionable

insight from structured and unstructured data to help legal, corporate and

compliance teams proactively mitigate risk and untapped opportunities faster

and with a greater understanding of context. In 2014, NexLP was selected to be

a member of TechStars Chicago. For more information, visit:

http://www.nexlp.com.

Contact

Jennifer Fournier

PR@revealdata.com

SOURCE  Reveal