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Re: stayfocused post# 16

Thursday, 01/15/2009 9:29:38 AM

Thursday, January 15, 2009 9:29:38 AM

Post# of 60
US banks and lenders are challenged with the need to increase revenue while improving the effectiveness and efficiency of their processes in the face of increased regulatory and compliance demands exacerbated by the recent sub prime and credit crisis. The Company anticipates that this crisis, which will lead to increased regulatory controls and the need to administer the billions of bailout dollars to settle troubled mortgages, will accelerate the deployment of electronic signature technology based solutions to address those challenges. Although there is uncertainty relative to how long the capital market/credit crisis will last and to what degree its impact will effect IT spending in the financial market that the Company serves, it seems increasingly apparent that financial institutions are recognizing that the Company’s technology addresses their needs for both revenue growth and expense reduction and that the crisis may well accelerate the adoption of electronic signature solutions in the financial services industry.

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