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Evertrust Eases Expunging: Page 3 of 3

OEM partners can purchase the software either as an Evertrust.net service, or they can buy a license per terabyte of storage. The service, which includes putting the document under storage with an electronic fingerprint, tracking it through its lifecycle, and deleting it when the retention period is over, costs a minimum of $500. The licensing fee for one terabyte of storage, meanwhile, costs $15,000.

AEstor has been in beta test with "dozens" of OEMS for the past year and has been available for the past six weeks. Gosnell insists the prospects are good. “It’s looking very promising, but the money isn’t in the bank yet,” he says. In addition, Evertrust.net has upgraded some of its present customers, including those that use its EvertrustWeb software to track Website data, to include the AEstore software.

The company, which was founded by Gosnell and executive vice president Robert Delemore with a personal investment of half a million dollars in November 2000, is not now looking for any outside funding, Gosnell says.

— Eugénie Larson, Reporter, Byte and Switch