Nextpoint Announces The Full Launch of Cloud Preservation

Company Releases Automated Archiving Service for Web-based Content

CHICAGO- August 03, 2010

Nextpoint, Inc., the nation's leading provider of cloud-based technology products to law firms and corporate law departments, today announces the full release of Cloud Preservation™, a revolutionary web archiving service that securely captures and indexes data from websites, blogs, Twitter and Facebook feeds.

Cloud Preservation is an immediate, low-cost solution that allows users to schedule crawls that can archive social networking sites, blogs and public-facing websites. The product was originally launched in early June to a select group of beta users who tried the product and provided feedback to the development team at Nextpoint.

With Cloud Preservation, the ability to archive, search, and download web-based data is now available to corporations, law firms, organizations and even individuals answering compliance, regulatory and litigation requirements.

"We are very excited to bring this product to the marketplace," stated Rakesh Madhava, Nextpoint CEO. "We heard from our customers there was a need for a simple archiving solution for their intellectual assets on the web and we are pleased to provide them with the progressive technology and expertise to fill this need."

Madhava added, "We are very thankful for all the users we had for the beta launch of Cloud Preservation. They provided us with valuable feedback and ultimately helped us design the product to fulfill the needs of all users."

More information on Cloud Preservation can be found at www.cloudpreservation.com.

About Nextpoint

Nextpoint (www.nextpoint.com) is a leader in delivering cloud computing products and services to the legal industry. Our 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 P: 773.929.4000 E: efleischman@nextpoint.com