Benoit Hogue Appointed to eSignLive Board of Directors

December 12, 2004

December 13, 2004 — Silanis, the leading provider of solutions that automate the business approval process, today announced the appointment of Mr. Benoit Hogue to its Board of Directors. Mr. Hogue joins the Board as a representative of Propulsion Ventures, and adds 18 years of investment experience in the media and IT industries.

“We are very pleased to welcome Mr. Hogue to our Board of Directors,” said Richard L. Warren, Chief Executive Officer of Silanis. “Mr. Hogue’s extensive experience in market analysis and venture capital will be an asset to our organization as it expands in the coming years.”

Mr. Hogue is a Managing Partner and co-founder at Propulsion Ventures, an early stage software venture capital manager. Propulsion Ventures manages over $100  million in assets through two funds and under a contract with Caisse de depot et placement du Quebec. Prior to joining Propulsion, Mr. Hogue spent five years at the Caisse as financial analyst and investment manager, for an important portfolio that generated strong returns from communications and IT companies.

Mr. Hogue holds a Bachelor of Finance from the University of Quebec in Montreal. He is also a Chartered Financial Analyst (C.F.A) and a member of the Association for Investment Management and Research (AIMR).

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. Government customers include NIH NIAID, USPS OIG, US Mint, and an enterprise license with both the US Joint Chiefs of Staff and the US Army.

Mary Ellen Power
(514) 337-5255 ext. 1117

[email protected]