PSS Systems Launches Independent Forum to Help Companies Meet Governance, Compliance and Oversight Challenges

Palo Alto, California, February 24, 2004 — PSS Systems, Inc., a pioneer in document policy solutions that span the information lifecycle, today launched the Compliance, Governance & Oversight Council (CGOC), an independent forum designed to provide expert insight as well as strategic and tactical advice to corporate executives responsible for enhancing and enforcing their corporate governance practices.

The Council’s programs will include webcasts delivered through the CGOC portal site, as well as executive breakfasts held around the country. Events will feature thought leaders and experts on regulatory compliance, litigation and electronic discovery, risk assessment and records retention, and other governance topics. In addition, CGOC will publish articles and white papers that contain primary research and the insights of its speaker alumni.

"With the increased focus on corporate governance, business executives are faced with new challenges; new requirements create new operational and cost burdens. CGOC provides them the opportunity to hear new models for achieving governance goals in the context of competitive business goals and share their own insights with colleagues and peers," said Deidre Paknad, president and CEO of PSS Systems.

Among the featured speakers for the 2004 program of events, which kicks off Wednesday, February 25, will be Adam Cohen, a partner at Weil Gotshal & Manges and co-author of the recent book "Electronic Discovery: Law and Practice," and Fred Diers, Entium Technology Partners executive and past president of ARMA International. See list of upcoming events below.

Upcoming CGOC Events

• Wednesday, Feb. 25, 2004, 10 a.m. - 11 a.m. PST, Webcast: "Conducting an Information Inventory," Fred Diers, former ARMA president and vice president business development, Entium Technology Partners, LLC
• Thursday, March 25, 2004 10 a.m. - 11 a.m. PST, Webcast: "Policies for Electronic Information — Your Risks and Obligations," Adam Cohen, partner, Weil, Gotshal, & Manges, and co-author of "Electronic Discovery: Law and Practice"
• Wednesday, April 21, 2004, Executive Breakfast, Boston, MA: "Assessing Risk in the Information Lifecycle," Gerard Verweij, Technology Advisory Services, partner, PriceWaterhouseCoopers
• Thursday, April 22, 2004, Executive Breakfast, Hartford, CT: "Key Retention & Compliance Issues for the Insurance Industry," Gerard Verweij, Technology Advisory Services, partner, PriceWaterhouseCoopers

About CGOC
The CGOC is a community of experts in retention and preservation. Its charter is to create a forum in which legal and compliance executives can get the insight, interaction, and information they need to make good business decisions. It fulfills its charter through an annual CGOC Summit, educational lunch series, executive workshops, and fall working sessions. CGOC Sidebar is a forum for outside counsel assisting corporate clients with preservation and retention programs. The organization was founded by Deidre Paknad, CEO of PSS Systems and a visionary in retention and preservation solutions, to create a continuing, high quality executive level exchange of expertise and information on these fast-changing business issues. For more information visit www.cgocouncil.com.

About PSS Systems
PSS Systems started the legal holds and retention management software revolution in the early 2000s by envisioning a change in the legal requirements corporations would have to comply with. Its Atlas software suite consists of two components that when used together reduce cost and risk. Atlas LCC streamlines the legal holds and collection processes end to end, while Atlas ERM enables corporate retention programs across disparate business units, information sources, and systems. Today, PSS Systems continues to lead the industry through their unparalleled innovation and has become the thought leader on retention and preservation topics. It founded and sponsors the CGOC, a professional community on retention and preservation. PSS Systems is headquartered in Mountain View, California, with offices throughout the United States including New York, Los Angeles, Chicago, and Houston. For more information visit www.pss-systems.com.

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