For Immediate Release
Media Contacts Compass Company, Inc.
Greg Serio
President
Tel: (518) 426-3232
Carla Silverstein
Vice President
Tel: (518) 426-3232
Precision Discovery
Jerry Barbanel
President & CEO
Tel: (877) 987-4545
Email: jbarbanel@precisiondiscovery.com
Compass Company Enters Into Strategic Alliance With Precision Discovery
Companies Form Alliance To Provide World Class IT Risk and Litigation Consulting Services to Clients
November 18, 2007 (New York, NY) - Compass Company, Inc. today announced that it has entered into a strategic alliance with Precision Discovery, an information technology risk and litigation consulting solutions provider. Through this alliance, Compass will be able to offer its risk management clients assistance with some of their most complex IT risk issues that require electronic discovery, computer forensics, IT security and litigation preparedness consulting.
As a result of the alliance, former U.S. Senator Alfonse M. D'Amato, founder of Compass' parent company, Park Strategies, will become a senior advisor to Precision Discovery's board of directors to help guide the company and its strategic relationship with Compass.
Based in New York City, Precision Discovery is an independent IT risk and litigation consulting firm that works with clients and their counsel to anticipate, provide insight on and overcome the
most complex legal, regulatory and investigative challenges. Precision Discovery is comprised of some of the industry's top experts in the fields of electronic discovery, computer forensics, IT security and litigation preparedness consulting services.
"Because Compass is focused on bringing innovative services to our clients, this alliance provides us with an extraordinary opportunity to serve the critical needs of our risk management clients," said Greg Serio, former Superintendent of the New York State Insurance Department, and the President of Compass. "This alliance further demonstrates our commitment to building world class consulting and risk management advisory services for our clients and complements the risk management consulting that Compass provides to the insurance industry. We look forward to providing our clients with a service level that is unmatched in the industry."
"Compass has an excellent reputation in the industry for providing clients with the highest caliber of advisory and consulting services. With both firms focused on providing best in class risk mitigation services, we will be able to offer clients a comprehensive risk management offering. Most importantly, our clients will have access to some of the leading risk management, IT risk and litigation consultants and experts," said Jerry F. Barbanel, President and CEO of Precision Discovery. "This strategic alliance with Compass further validates Precision Discovery's competitive advantage in the industry."
Barbanel recently authored the article "Claims: Controlling Litigation Costs - The Harnessing of Electronic Discovery Processes." The article is featured on the cover of the November 3, 2008 issue of Insurance Advocate.
