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Press release from Business Wire

Guidance Software Named a Leader in Magic Quadrant for E-Discovery by Leading Analyst Firm

<p class='bwalignc'> <i>Evaluation Based on Completeness of Vision and Ability to Execute</i> </p>

Wednesday, May 18, 2011

Guidance Software Named a Leader in Magic Quadrant for E-Discovery by Leading Analyst Firm16:38 EDT Wednesday, May 18, 2011 PASADENA, Calif. (Business Wire) -- Gartner, Inc. has named Guidance Software, Inc. (NASDAQ: GUID) a leader in its first Magic Quadrant for E-Discovery Software.(1) E-Discovery, also known as electronic discovery, refers to the collection, preservation, processing, analysis and review of electronic documents in civil litigation or in response to government regulatory inquiries. The rise in electronically stored information has led to significant increases in e-discovery costs and raised legal risks for organizations. As a result, many organizations are reducing costs and risk by taking control of their e-discovery process. “We believe Guidance Software's inclusion in the Leaders Quadrant for e-discovery recognizes our leadership, vision, continued innovation and the success of our EnCase® software," said Victor Limongelli, president and chief executive officer, Guidance Software. “EnCase delivers everything organizations want to accomplish in-house for e-discovery, from issuing legal hold notices and interviewing custodians online, to collecting and preserving potentially relevant data, to early case assessment, analysis, and first-pass review, all in a single, unified solution. With EnCase, risk and costs are lower because organizations don't have to spend time or money trying to integrate incompatible point solutions for each step of the e-discovery process, or transfer data between, and train users on, disparate systems.” Read a complimentary copy of the report here: http://www.guidancesoftware.com/gartner-magic-quadrant-ediscovery.htm. About the Magic Quadrant The Magic Quadrant is copyrighted 2011 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. (1) Source: Gartner, Inc. “Magic Quadrant for E-Discovery Software” by Debra Logan, John Bace, May 13, 2011 About Guidance Software, Inc. Guidance Software is recognized worldwide as the industry leader in digital investigative solutions. Its EnCase® platform provides the foundation for government, corporate and law enforcement organizations to conduct thorough, network-enabled, and court-validated computer investigations of any kind, such as responding to e-discovery requests, conducting internal investigations, responding to regulatory inquiries or performing data and compliance auditing - all while maintaining the integrity of the data. There are more than 30,000 licensed users of the EnCase technology worldwide, the EnCase® Enterprise platform is used by more than half of the Fortune 100, and thousands attend Guidance Software's renowned training programs annually. For more information about Guidance Software, visit www.guidancesoftware.com/. Follow Guidance Software on Twitter at www.twitter.com/encase and on Facebook at www.facebook.com/guidancesoftware. EnCase®, EnCE®, EnCEP®, EnScript®, FastBloc®, Guidance Software™ and Tableau™ are registered trademarks or trademarks owned by Guidance Software in the United States and other jurisdictions and may not be used without prior written permission. All other marks and brands may be claimed as the property of their respective owners. Forward Looking Statements This news release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements in this release involve risks and uncertainties that could cause actual results to differ materially from current expectations. There can be no assurance that demand for the Guidance Software's products will continue at current or greater levels, or that the Company will continue to grow revenues, or be profitable. There are also risks that the Guidance Software's pursuit of providing network security and eDiscovery technology might not be successful, or that if successful, it will not materially enhance the Guidance Software's financial performance; that the Company could fail to retain key employees; that changes in customer requirements and other general economic and political uncertainties could impact the Guidance Software's relationship with its customers; and that delays in product development, competitive pressures or technical difficulties could impact timely delivery of next-generation products; and other risks and uncertainties that are described from time to time in Guidance Software's periodic reports and registration statements filed with the Securities and Exchange Commission. The Company specifically disclaims any responsibility for updating these forward-looking statements. GUID-F Guidance Software, Inc.Cas Purdy626-768-4666cas.purdy@guidancesoftware.com