eSignLive appoints Director of North American Commercial Sales

Timothy Walsh brings nearly two decades of experience in financial services to Silanis

MBA Conference, Atlanta, GA - March 12, 2002 - Silanis Technology Inc., a leading provider of electronic signature and approval management solutions, today announced the appointment of Timothy Walsh as the company's Director of North American Commercial Sales. With over 19 years of sales, business development, and management experience working for companies like eOriginal, IBM, and Bell & Howell, Mr. Walsh will play an integral role in optimizing Silanis' sales processes and customer relationship management strategies for the financial and general commercial markets.

"Mr. Walsh brings extensive background in strategic business development and a proven track record of building successful sales organizations," says Lynne Boyd, Vice President Worldwide Sales at Silanis. "His broad industry application and business process knowledge in key segments of the financial services industry will be a tremendous asset to Silanis as we focus our efforts on customer satisfaction and continue to solidify our position as the leading provider of electronic signature solutions."

Mr. Walsh's responsibilities will include hiring and developing sales teams, assessing how Silanis' technology can best improve the business goals of its customers, and improving overall operational performance in order to maximize revenues and meet Silanis' aggressive sales objectives.

Prior to joining Silanis, Mr. Walsh held the position of Vice President of Sales and Business Development at eOriginal Inc., where he was responsible for creating, staffing and executing business development plans for industry vertical markets, with particular emphasis on real estate finance. He also successfully developed multi-faceted strategic business partnerships, opening up sales channels for enterprise solutions.

Mr. Walsh also served as Director of Software and Professional Services Sales for Bell & Howell Mail & Messaging Technologies. He was a Vice President of Sales and Business Development and a principal at The Harris Group, a Baltimore-based software startup that was acquired by Bell & Howell in 1997. Before joining The Harris Group, Mr. Walsh spent 10 years with IBM, serving in a variety of sales and marketing management positions specializing in new business and strategic account development.

Mr. Walsh received his MBA degree from Seton Hall University and his BS–Business Management degree from the University of Maryland. He is a member of the Mortgage Bankers Association and is a frequent speaker at industry conferences and events.

About Silanis

Founded in 1992, Silanis Technology Inc. has more than a decade of experience in developing and deploying electronic signature and approval management software to over 900 organizations in the financial, government and manufacturing industries. The company has acquired a deep understanding of business approval processes, and has become a veritable expert in process automation. A privately held company, Silanis is backed by New York's Lehman Brothers Venture Capital in addition to leading Canadian capital investors. (www.silanis.com)

ApproveIt is a trademark of Silanis Technology, Inc. Other names and brands mentioned herein may be the trademarks of their respective owners.

For more information contact:

Andrea Simmons
Silanis Technology
(514) 337-5255 ext. 1152
e-mail: [email protected]
www.silanis.com