Signitas Wipes Away Ink With Complete Online Digital Signature Service.

Business/Technology Editors

NEWTON, Mass.--(BUSINESS WIRE)--Aug. 20, 2001

New Digital Signature Service Allows Users to Easily Digitally

Sign and Manage Legally Enforceable Documents in a Secure Web-based

Environment

Signitas Corporation, a provider of secure online digital signature technology, today announced the availability of a complete Web-based digital signature service, TruSign(TM). Leveraging the federal E-SIGN law which gives legal standing to digital signatures, TruSign makes digital signatures more viable by enabling users to easily sign and manage legally enforceable documents in a secure Web-based environment.

Designed to seamlessly integrate into a company's workflow, TruSign provides a complete management and archive environment that ensures the integrity of a digital signature from the time it's sent to the time it's received and stored. Most digital signature services store their certificates on the user's desktop making them susceptible to fraud by anyone gaining access to the user's PC. TruSign is the only service that stores digital certificates on a roaming server, where it is protected by an individual's user name and password. Additionally, because it can be accessed anywhere there is an Internet connection, users do not need to download software or plug-ins to begin using the service -- they simply type in their user name and password and can sign documents within minutes.

"When online, you're anonymous, and there's always someone who will try to take advantage of that anonymity to commit fraud," said Bruno Tramontozzi, president of Signitas. "In developing TruSign, we were not only committed to providing users with a service that is easy to use and requires no software downloads, but also granting users the confidence to know with absolute certainty exactly who they are dealing with. We see this as a critical step in enabling organizations to finally begin to take advantage of secure digital signatures and all their benefits."

Delivering Rich Functionality in a Secure Environment

While providing a powerful feature set and intuitive interface, Signitas' Trusign service ensures document security by utilizing Entrust Technologies Public Key Infrastructure (PKI) Signature ID system and Oracle 9I database and Oracle 9IFS repository. The Entrust Technologies PKI Signature ID system encrypts and stores every users digital certificate, allowing the user to move from computer to computer without the need to take their digital certificate with them. Oracle IFS provides content management to Signitas clients which benefit from the rich functionality that is inherent in Oracle Internet File System, including full text document indexing, version control, an excellent document management infrastructure, and native XML support.

TruSign Highlights

TruSign benefits business professionals who require a secure online environment to share, collaborate, and digitally sign documents with legally binding digital signatures.

TruSign key features include:

--Roaming Server. Ensures the safety and integrity of a users digital certificate by storing it on a roaming server. Other digital signature services store their certificates on a token, smart card, or a user's server making it susceptible to compromise.

--Internet Access - No Software Downloads. Accessed via the Internet. There is no software to download; no plug-in required to begin using the service. TruSign can be accessed anywhere there is an Internet connection. It is ready for all employees to use as soon as the company signs up for the service.

--Collaborative Workflow. Integrates seamlessly into the existing company workflow. Organizes the document management process from creation to storage. TruSign differentiates itself by providing the ability to digitally sign a legally binding document from within the system as well as allowing the user to establish and manage their own workflow.

--Multiple Levels of Electronic Signatures Supported. Supports several types of electronic and digital signatures, including electronic signature captures used for everyday commerce.

--Storage and Retrieval. Saves all versions of the documents as well as permanently archives all of the digital signature components.

Availability & Pricing

The TruSign digital signature service is currently available through Signitas. The company has developed a monthly transaction plan that is similar to cellular telephone plans. Monthly fees are tailored to meet customers' needs and depend on the number of users, the number of digital certificates being purchased, and the monthly transaction plan the business will subscribe to. Monthly transaction plans are based on the number of documents that a company plans to store and sign in the system. Initial set-up and training costs begin at $1,470 for 5 users and $100 per month based on 100 transactions. Cost per transaction can be as little as .31(cent).

About Signitas

Signitas is a provider of secure online digital signature technologies. In 2001, Signitas Corporation launched TruSign, a sophisticated and innovative service featuring a patent pending process within which traditional paper-based documents and processes can be transformed into permanent, legal, and enforceable electronic documents. The company's service improves business processes in many industries, including real estate, financial, legal, healthcare and insurance. For more information on Signitas, visit www.signitas.com.

Signitas and TruSign are trademarks of Signitas Corporation. All other trademarks are the property of their respective holders.