Intraspexion's Early Warning System to Identify Potential Litigation Risks Relies on the dtSearch® Engine
Oct 27, 2016, 09:00 ET
BETHESDA, Md., Oct. 27, 2016 /PRNewswire/ -- Intraspexion is a start-up company that is pioneering the use of "deep learning" algorithms to identify potential litigation risks. dtSearch is a leader in enterprise and developer text retrieval software and document filters. Together, the companies announce the initial release of Intraspexion's application to scan an organization's current email and other messaging data as an early warning system for spotting potential litigation risks.
"Intraspexion trains a deep learning algorithm to identify different types of potential litigation risks and provide an early warning to an in-house legal department," says Nick Brestoff, founder and CEO of Intraspexion. "Our first use case is employment discrimination."
"Using Deep Learning, our system surfaced one solid risk out of over 7,600 emails, which no one had to read and which is much less than one-tenth of one percent of the emails," continues Mr. Brestoff.
For that reason, he noted, NVIDIA accepted Intraspexion into its Inception Program.
"The use case is strong," Mr. Brestoff adds. "Any organization can preserve net profit of a minimum of about $350,000 by identifying just one litigation risk early on, and addressing it before it turns into a lawsuit."
For its email and attachment support – including multilevel nested email attachment support – Intraspexion chose the dtSearch Engine. dtSearch's core developer product, the dtSearch Engine, instantly searches terabytes of text, including 25+ full-text and metadata-driven search options. The dtSearch Engine works with online and offline data, including a broad range of document and email types, website data and other databases.
F. Scott Barker, author of numerous database programming books, recipient of the Microsoft MVP Award, and a prolific dtSearch Engine third-party developer, has joined Intraspexion's team as a co-founder. "For the first time in decades, I joined a startup team because this is a killer app for Deep Learning," says Mr Barker. "When combined with the power of dtSearch, Intraspexion is a dream come true for corporate and governmental users. Who doesn't want less litigation?"
About Intraspexion, intraspexion.com
Intraspexion's software system helps commercial and governmental entities avoid or prevent litigation. The company is led by a unique combination of tech-savvy attorneys, programmers and deep learning experts, all of whom are co-founders. To learn more, please visit www.intraspexion.com
About dtSearch, dtSearch.com
The Smart Choice for Text Retrieval® since 1991, the dtSearch product line has 25+ search options for instantly searching terabytes of text. Along with enterprise and developer text retrieval, the company has its own document filters, offering parsing, extraction, conversion and searching of a broad range of data formats. Supported data types encompass databases, website data, popular "Office" formats, compression formats, and emails with attachments. dtSearch products meet some of the largest-capacity text retrieval needs in the world, including developer APIs spanning multiple platforms. The products have received hundreds of excellent case studies and press reviews. (Please see dtSearch.com for these.) The company has distributors worldwide with coverage on six continents.
SOURCE dtSearch