eSignLive Announces ApproveIt Web Server Version 2.0

August 3, 2003

New XAP Platform automates Business Approval Processes for all web-applications

August 4, 2003Montreal, QC, August 4, 2003 – Silanis Technology, the leading provider of solutions that automate the Business Approval Process, today announced the release of ApproveIt Web Server Version 2.0, an enterprise solution for moving any business approval process to a web application. This new version of the award-winning ApproveIt Web Server product introduces the XML Approval Process™ (XAP), an XML-based platform that provides greater flexibility, increased scalability and adaptable approval process definition. XAP creates an enterprise platform for any organization looking to introduce electronic signature, consent, approval, review, and delivery of documents required to complete business processes and transactions in an online, point-of-sale, or internal environment.

“Organizations are beginning to understand the time and cost benefits of bringing Business Approval Processes online and are looking for ways to capture true, legally enforceable electronic approvals,” says Tommy Petrogiannis, president of Silanis. “ApproveIt Web Server Version 2.0 provides enterprises with the most scalable and flexible web approval solution in the market, ensuring a seamless transition from paper to web-based approvals.”

Silanis’ ApproveIt Web Server product was originally designed to meet the demands of heavily regulated industries, including mortgage, auto finance and FDA regulated markets, where a zero-download web server solution was needed  Over the past year, demand for Silanis’ web-approval solution in various enterprise applications created a need for the XAP Platform to provide customers with the ability to pre-define and control the approval process through advanced automation features. With ApproveIt Web Server Version 2.0, organizations can customize their approval process by defining key parameters like the number of signers and the process for delivery, review and signing of documents and contracts. In addition, this version also allows for a more streamlined integration with web portals enabling commercial and government organizations to fully leverage existing investments while offering an integrated and branded signing experience.

ApproveIt Web Server Version 2.0 will be generally available on September 15th.

About ApproveIt Web Server

ApproveIt Web Server enables organizations to control the electronic signing, consent, approval, review, and delivery of documents and contracts in either an online or point-of-sale environment. The product’s unique Process Signature™ technology captures the signer’s intent and creates a legally enforceable transaction with Electronic Evidenceä that includes a detailed audit trail and activity history related to the transaction. A J2EE compliant solution that integrates into enterprises existing IT and web infrastructure, the ApproveIt Web Server supports standards like XML and XSLT and can be used to approve document formats such as Acrobat PDF and MISMO SMART Docs. The product is available as a zero-download server solution that meets the legal requirements of the federal Electronic Signatures in Global and National Commerce (E-SIGN) Act and the Uniform Electronic Transaction Act (UETA) and it can also be used to meet the stringent requirements of the FDA’s 21 CFR Part 11 regulation. In addition, it also supports point-of-sale signature capture and electronic ID for electronic signing. ApproveIt Web Server can also be coupled with the ApproveIt Transferable Records Manager to enable the creation, management and control of unique, original documents including financial transferable records such as notes, leases, and loans.

About Silanis

Silanis Technology is the leading provider of solutions that automate the Business Approval Process. The company’s award winning desktop and server-based solutions leverage electronic signature and approval technology to achieve total automation. With over 1,000 customers across government, mortgage, auto finance, insurance, banking and FDA regulated industries, Silanis has over a decade of experience in developing and delivering solutions that work the way organizations do. Silanis' flagship customers include the US Joint Chiefs of Staff, US Army Medical Command, GMAC CM, and Stewart Title.

Mary Ellen Power
(514) 337-5255 ext. 1117
[email protected]