The company utilizes third-party software licenses, including a key license agreement with Relativity for its eDiscovery platforms, which expires on June 30, 2027. Renewal of this agreement is not guaranteed or assured on commercially reasonable terms. Additionally, the company employs various web service providers, such as Microsoft Azure, to deliver cloud-based products. These third-party services are essential to the company's operations but are subject to potential interruptions that could adversely affect its operations, reputation, and financial condition. The company expects to continue relying on these suppliers, and any significant changes or disruptions may necessitate sourcing alternative providers or incurring additional costs.
Kldiscovery Inc's Comment on Supply Chain
The company utilizes third-party software licenses, including a key license agreement with Relativity for its eDiscovery platforms, which expires on June 30, 2027. Renewal of this agreement is not guaranteed or assured on commercially reasonable terms. Additionally, the company employs various web service providers, such as Microsoft Azure, to deliver cloud-based products. These third-party services are essential to the company's operations but are subject to potential interruptions that could adversely affect its operations, reputation, and financial condition. The company expects to continue relying on these suppliers, and any significant changes or disruptions may necessitate sourcing alternative providers or incurring additional costs.
Sources:
Kldiscovery Inc 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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