eSignLive wins finalist position in IBM’s CTO innovation award at Lotusphere

January 17, 2010
Montreal (Quebec) CANADA, January 18, 2010 – Silanis Technology, the leader in Electronic Signature Process Management, today announced that it is a finalist for IBM’s Lotusphere CTO Innovation award based on e-SignLive™ and e-SignRoom™, two new e-signature process management services that Silanis has introduced for LotusLive. The CTO Innovation award recognizes IBM Business Partners who are leading the technology charge by exploiting the latest capabilities of LotusLive and WebSphere Portals in exciting, new ways that stand out above their peers. e-SignLive and e-SignRoom have earned Silanis a finalist position because they bridge the gap between enterprise collaboration and business process management to enable the industry’s first collaborative e-commerce platform. Silanis and IBM announced an agreement during Lotusphere 2010 that would see Silanis’ new e-SignLive and e-SignRoom e-signature process management services integrated with IBM LotusLive to enable business users, customers and partners to electronically review, modify and sign documents in a secure, compliant and collaborative, on-demand environment. The services guide all parties through an electronic document review and signing process, while ensuring documents cannot be returned if they are missing any data, signatures or initials. Moreover, the services produce strong Electronic Evidence™ of what took place during the online process for legal and audit purposes. The entire ceremony takes place within a web browser so that no plug-ins, additional software or special hardware are needed. This easy “click-to-sign”, browser-based process makes it possible for anyone to participate in an electronic signing ceremony, and ensures high user adoption. Canderel, one of Canada’s largest real-estate developers, will become a beta customer of the joint solution. Canderel will bring business partners and investors from around the world to the LotusLive online collaboration platform to close high value, commercial real estate development projects using the integrated e-SignRoom services. “We are extremely honored to have received this prestigious recognition from IBM,” said Dr. Robert Al-Jaar, Executive Vice President and Chief Technology Officer of Silanis. “Increasingly organizations are looking to conduct mission-critical business transactions with their global partners over the web in order to accelerate human processes and increase productivity. E-signatures make this possible by enabling signatures to be captured electronically – anywhere, anytime, anyplace and by anyone.” Silanis has achieved a number of industry firsts, including the first web-based, zero-download solution designed for processing consumer applications, and one of the first integrated e-signature and e-vaulting solution to process consumer loans from origination to securitization. In 2009, Silanis introduced the world’s first e-signature process management solution. E-signature process management goes beyond simple signature capture to execute transactions electronically from start to finish. The solution has been adopted by some of worlds’ leading insurance, lending and government organizations. About Silanis Silanis Technology is the leading provider electronic signature process management solutions. The world’s largest insurance and financial services companies, major government agencies, integrators and service providers depend on Silanis to accelerate business transactions and reduce costs while improving compliance with legal and regulatory requirements. The company’s electronic signature platform, ApproveIt®, is an enterprise-class e-signature process management solution that transforms paper-based business transactions to all-electronic, Web-based processes for e-commerce and e-government. Visit us on the Web at http://esignlive.silanis.com