eSignLive reports demand for e-signed contracts of all kinds, across all industries

June 26, 2007

The leading e-signature provider is seeing demand for all types of e-contracting, including high-value, complex transactions. The company's ApproveIt platform of electronic signature solutions is robust and flexible enough to sign in any environment.

Montreal, QC, June 27, 2007 — Silanis Technology, the only enterprise e-signature provider, is pleased to share its observation of increased electronic contracting adoption across many industries and processes.

From Web-based or point-of-sale e-contracting with consumers, to electronic agreements with partners and employees, Silanis' e-signature solutions are in use across the board.

Recent Silanis e-contracting wins include Booz Allen Hamilton for partner sub-contracting and the Air Force Recruiting Service (AFRS) for new recruit processing. Silanis also boasts a longstanding relationship with the US General Services Administration (GSA), the largest contracting organization in the world, to enable vendors to submit and modify schedules online through the GSA Advantage portal.

The breadth of Silanis' implementations illustrates a growing demand for sophisticated electronic signing solutions to support financial instruments, regulatory compliance, multiple signatures and sectional signing -- with the ability to fall to paper, if necessary.

BMW Financial Services & ADP Dealer Services are examples of Silanis clients using e-signatures in these types of environments, with high-value auto finance contracts that must meet stringent UCC requirements. Both have reduced the amount of time required to complete the auto finance process and, as a result, have increased customer satisfaction.

“We are now seeing a surge in demand for e-contracting solutions, driven by customer expectations of convenience and speed," said Richard L. Warren, CEO, Silanis.

"With the regulations in place and proven enterprise solutions available, e-contracting is no longer limited to low-value, high-volume operations.”

In order for an e-signature solution to support these transactions, it must also be flexible, secure and easy-to-use, he added.

As a licensed solution, ApproveIt offers a flexible, customizable solution that seamlessly integrates with existing processes and customer sites, for a consistent look and feel. It also allows organizations to maintain control over mission-critical documents, and keeps total cost of ownership low.

Silanis' ApproveIt® Desktop, ApproveIt® XHTML Server and ApproveIt® Web Server work separately and together to provide secure, legally enforceable e-signatures with robust audit trails, in any environment.

About Silanis

Founded in 1992, Silanis Technology Inc. is the largest and most experienced provider of electronic signature solutions. More than 1,400 government and commercial organizations, representing two million users, depend on Silanis' solutions to accelerate operations, improve service and reduce costs.

The company's solutions not only eliminate the inefficiencies of paper, they provide reliable and auditable business records needed to demonstrate compliance with applicable laws, standards, regulations and policies.