CGOC to Host Executive Breakfast on the Implications of Recent Electronic Discovery Verdicts; Speakers from CSFB and Weil Gotshal Will Give Corporate and Outside Counsel Perspectives.

PALO ALTO, Calif. -- The Compliance, Governance & Oversight Council (CGOC), a resource for legal and compliance executives, today announced the CGOC Executive Breakfast titled, "The New Standards in Discovery: Implications of the Morgan Stanley and UBS Verdicts." Speakers include Gideon Schor, Director of Litigation for the Americas at Credit Suisse First Boston, Adam Cohen, a partner at Weil, Gotshal & Manges and co-author of Electronic Discovery: Law and Practice, and Deidre Paknad, founder of CGOC and President and CEO of PSS Systems, Inc.

The invitation-only event takes place on July 12, 2005 at the Weil, Gotshal & Manges LLP office in New York City and will cover:

--Corporate strategies and best practices for information preservation and production, presented by Gideon Schor of Credit Suisse First Boston

--Legal obligations in the aftermath of recent verdicts and the proposed modifications to the Federal Rules of Civil Procedure, presented by Adam Cohen of Weil, Gotshal

--Optimizing retention and collection processes, presented by Deidre Paknad of PSS Systems

"With the recent penalties issued against Morgan Stanley and UBS for failing to meet the courts' standards as to appropriate preservation and production of electronic information, it is essential that companies better understand their obligations so they can address them efficiently and effectively," said Adam Cohen, Partner at Weil, Gotshal & Manges and the co-author of Electronic Discovery: Law and Practice. "The CGOC Executive Breakfast will provide legal and compliance executives with the latest guidance, best practices and software solutions to institute robust and efficient processes."

A limited number of invitations to this exclusive event are still available. Qualified individuals interested in attending this complimentary event can register at www.pss-systems.com.

About CGOC

The Compliance, Governance & Oversight Council (CGOC) is a resource to legal and compliance executives who seek advice, guidance and insight on critical policy, compliance and oversight challenges. Central to the CGOC's mission is harnessing the guidance and expertise of industry thought leaders to help the executive membership make better business decisions. Resources include executive events, publications, newsletters, and white papers.

CGOC is founded and sponsored by PSS Systems, the leading provider of information policy management solutions. The company's AtlasIPM suite drives business advantage by reducing legal and IT costs while reducing risk and complexity. AtlasIPM enables enterprises to define, apply, extend, and enforce information policies across the entire information lifecycle -- from cradle to grave -- without impacting user workflow or productivity. PSS Systems customers include Credit Suisse First Boston, Babcock & Brown, Cap Gemini, and others.