eSignLive presents an educational web seminar on compliance for electronic signatures and records

June 18, 2006

Will your electronic transactions and records stand up in court?

Montreal, QC, June 19, 2006 — Silanis Technology, the industry’s most experienced electronic signature provider with more than two million users and consumers in business and government, announced today that Michael Laurie, Co-founder and Vice President, will present an educational web seminar on compliance for electronic signatures and records.  The session entitled “Will your electronic transactions and records stand up in court?” is scheduled for Thursday, June 29, 2006 at 2:00 pm EST. This presentation will provide an overview of the types of documents and activities that are affected by compliance requirements when substituting paper-based document signing processes with an electronic equivalent.

Electronic signatures are an essential part of any eBusiness or eGovernment initiative. Without this capability, processes can only be partially automated and will still be burdened by the inconvenience and cost of printing to paper whenever a signature is required.

Despite significant benefits, concern that electronic signatures could increase exposure to risk has prevented some organizations from moving forward.  A ruling in December, 2005 by a New York court recommended the State Police improve their existing signature system to reduce future legal uncertainty. This illustrates the need for proper knowledge of the related laws, regulations and business policies, prior to implementing eSignatures.

The web seminar will provide a framework for understanding the legal issues surrounding electronic signatures and documents with focus on: US eSignature legislation; industry-specific compliance concerns; requirements for creating enforceable eSignatures and records; implementation examples; and an overview of existing jurisprudence.

About Silanis

Founded in 1992, Silanis Technology Inc. is the largest and most experienced provider of electronic signature solutions. More than 1,100 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.