Undiscovered: Sonasoft’s Success Story in the eDiscovery Market

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As published on The OTC Investor on April 8, 2015 by Ryan Allway:There is little doubt that we live in a litigious society, especially when it comes to large corporations. According to Forbes, 5,000 lawsuits are filed against Wal-Mart Corporation (NYSE: WMT) each year, which amounts to 17 lawsuits for each working day. Governments are no exception: The New York Police Department alone gets sued an average of 10 times each day, according to Gothamist.With many lawsuits hinging on evidence from communications, the market for email archiving – software used to store and easily access corporate or governmental email communications – has skyrocketed. Transparency Market Research projects that the global e-Discovery market will grow at a 15.4% clip through 2017 to reach nearly $10 billion in size, driven by increased litigation and the need for records.Sonasoft Corp. (OTC: SSFT) is a leader in email archiving and e-Discovery software solutions that doubled its revenue last year and registered a profit on the bottom line – a rare occurrence in the world of micro-cap stocks trading over-the-counter. In this article, we’ll take a look at why investors may want to take note of the company moving forward.Continued…

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