SAPERION Makes AuthentiDate Signature Technology Available for All Archiving Customers.Business Editors/High-Tech Writers BERLIN/DUSSELDORF, Germany & SCHENECTADY, N.Y.--(BUSINESS WIRE)--April 4, 2003--AuthentiDate International AG (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ADAT (Alesis Digital Audio Tape) A digital audio recording technology from Alesis, LLC, Cumberland, RI (www.alesis.com). In 1992, Alesis introduced the first 8-track digital tape recording system. ) - RWE RWE Rot-Weiss Essen (Germann football club) RWE Ralph Waldo Emerson RWE Rheinisch-Westfälische Elektrizitätswerke (German Power Supplier) RWE Read Write Execute RWE Right Wing Extremist Trading GmbH, a Subsidiary of RWE AG and a SAPERION Customer, Will Reduce Costs Using the Integrated Signature Solution - AuthentiDate International AG, a subsidiary of AuthentiDate Holding Corp. (NASDAQ: ADAT), and SAPERION AG, a technology leader for enterprise-wide document and knowledge management solutions, announced today an agreement and completion of the integration of AuthentiDate's signature technology with SAPERION's enterprise archiving software. The agreement makes the preparation and verification of qualified time stamps in accordance with the German Signature Law a centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. and fully automatic part of SAPERION's workflow and archiving processes. While financial terms where not disclosed, AuthentiDate has already generated upfront license fees through this agreement and will generate additional transaction fees from every customer of Saperion using the new integrated functionality. Saperion's installed customer base is currently over 3,100 companies. RWE Trading GmbH, a subsidiary of Europe's leading utility corporation RWE AG, will be one of SAPERION's first customers to use the integrated solution to optimize their energy trading processing. RWE uses the SAPERION DocFlow module for the electronic transfer of its energy trade processes. RWE Trading GmbH expects document run times will be reduced and cost-intensive paper archives will be eliminated due to the addition of the AuthentiDate Signature Solution. "With the implementation of DREP DREP Depot Repair Enhancement Program DREP Dominica Rural Enterprise Project (document related electronic processes) we expect a reduction of our process costs in a very short time", said Dr. Norbert Verweyen, Vice President of the Department of Corporate and Business System Development at RWE Trading GmbH. The SAPERION DocFlow module allows the generation and visual representation of typical business transactions. Prepared or changed documents are given a legally secure time stamp with AuthentiDate's technology at defined points within the workflow, in compliance with the German Signature Law. The integrated AuthentiDate software module ensures secured communication with AuthentiDate's accredited accredited recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria. accredited herds cattle herds which have achieved a low level of reactors to, e.g. Trust Center where the qualified time stamps are generated. With the integration of the AuthentiDate signature solution in the SAPERION software, SAPERION customers may now easily utilize legally secure data in compliance with the German and European Signature Law for archiving and workflow without having to pay for costly and time consuming installations. Consequently, customers do not have to make large initial investments in additional hardware such as smart cards Example of widely used contactless smart cards are Hong Kong's Octopus card, Paris' Calypso/Navigo card and Lisbon' LisboaViva card, which predate the ISO/IEC 14443 standard. The following tables list smart cards used for public transportation and other electronic purse applications. or card reading devices. "The combination of SAPERION's broad product range with AuthentiDate's signature and time stamping time stamping The stamping of order tickets with the time of entry and execution. For example, options exchanges require stamping of order tickets with the times of execution to the nearest minute. technology allows automated and legally secure documentation of complete business processes. The automation achieved and the cost savings realized through the legally secure archiving of all kinds of documents, electronic invoices or workflow documents utilizing signatures that conform with the Signature Law, result in a fast return on investment," said Dr. Mathias Petri, member of the executive board of SAPERION AG. About AuthentiDate International AG AuthentiDate International AG (www.authentidate.de), Dusseldorf, Germany is the first Accredited Certification Provider, certified by the German Regulatory Authority Noun 1. regulatory authority - a governmental agency that regulates businesses in the public interest regulatory agency administrative body, administrative unit - a unit with administrative responsibilities for Telecommunications and Posts (RegTP), focusing legal binding timestamps compliant to the strong German electronic signature laws and European signature directives. Thus, the time signatures supplied by AuthentiDate International AG for any electronic data provide the highest level of protection recognized by law in the form of qualified digital signatures. AuthentiDate is also the first accredited vendor focusing business process solutions, based on electronic signatures and time stamping technology. AuthentiDate's Business Solutions feature short ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). (return of investment) cycles, simple integration, low operating expense Operating Expense The essential things that a company must purchase in order to maintain business. Notes: For example, the payment of employees wages are an operating expense. Also known as OPEX. and ease of use. The unique design enables most customers for the first time receiving substantial profit contributions from signature and time stamping technologies. The AuthentiDate Group has a worldwide presence; in Europe, the USA and through partners in Asia. AuthentiDate Holding Corp, Inc. located in the USA (New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of ) is listed on the NASDAQ stock exchange (ADAT) and in Germany (WKN WKN Wertpapier-Kenn-Nummer (identifying number assigned to securities traded in Germany) WKN Warrior Knowledge Network (US Army) 893715). About AuthentiDate Holding Corp. AuthentiDate Holding Corp. (AHC AHC Appalachian Hardwood Center AHC American Heritage Center (University of Wyoming, Laramie, WY) AHC American Horse Council AHC Association for History and Computing AHC Australian Heritage Commission AHC Assault Helicopter Company ) is the holding company of five business units: DocSTAR, AuthentiDate International AG, AuthentiDate, Inc., DJS Marketing Group/Computer Professionals International and Trac Medical Solutions, Inc. AuthentiDate and AuthentiDate AG provide the authentication (1) Verifying the integrity of a transmitted message. See message integrity, e-mail authentication and MAC. (2) Verifying the identity of a user logging into a network. of digital data through its proprietary and patent pending technology. AuthentiDate is establishing itself as the authority on "content security," a growing sector of the electronic network security infrastructure market Trac Medical uses the AuthentiDate service to improve speed, accuracy and security in processing medical forms. These three business units comprise the AuthentiDate Segment for financial reporting purposes. DocSTAR sells a complete line of document imaging products and DJS delivers professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. centered on systems integration projects, staff augmentation, out-tasking and outsourcing services, and resells computer related products. The AuthentiDate solutions are nationally and internationally used by well-known companies of different branches. The customers utilize the signature solutions to achieve legal security within eBilling, archiving, scanning and workflow. In addition AuthentiDate's technology is already integrated in different products of other manufacturers, therefore legal security for business processes is automatically available for many companies. The AuthentiDate Group is worldwide present in Europe, USA and through partners also in Asia. AuthentiDate Holding Corp, Inc. located in USA (New York) is listed on the NASDAQ stock exchange (ADAT) and in Germany (WKN 893715). About Saperion AG SAPERION AG, headquartered in Berlin, has been developing software solutions for document and knowledge management since 1985 and has achieved technology leadership for enterprise-wide document and knowledge management solutions. SAPERION(R) holds top positions in the categories: general DMS (1) (Document Management System) See document management. (2) (Defense Messaging System) An X.500-compliant messaging system developed by the U.S. Dept. of Defense. functionality and integration capability, administration and flexibility, system architecture and e-Business integration according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a US Doculabs Report. In addition to the Company's Berlin headquarters, and additional competence centers in Germany, the Company has International Technology Centers (ITC ITC (Brit) n abbr (= Independent Television Commission) → Fernseh-Aufsichtsgremium ITC n abbr (BRIT) (= Independent Television Commission) → ) in Boston and Singapore. This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Act of 1934. When used in this release, the words "believe," "anticipate," "think," "intend," "plan," "will be," "expect," and similar expressions identify such forward-looking statements. Such statements regarding future events and/or the future financial performance of The Company are subject to certain risks and uncertainties, which could cause actual events or the actual future results of the Company to differ materially from any forward-looking statement. Such risks and uncertainties include, among other things, the availability of any needed financing, the Company's ability to implement its business plan for various applications of its technologies, the impact of competition, the management of growth, and the other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission. In light of the significant risks and uncertainties inherent in the forward-looking statements included herein, the inclusion of such statements should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved. |
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