Wave Launches SmartSignature Server(TM) Adding Enhanced Functionality and Convenience to the eSign Transaction Management Suite(TM) Monday October 24, 7:00 am ET
LEE, Mass.--(BUSINESS WIRE)--Oct. 24, 2005--Wave Systems Corp. (NASDAQ:WAVX - News) announced today that it has expanded its product line of electronic signature and document process management solutions with the introduction of the SmartSignature Server, a new modular component of the eSign Transaction Management Suite (eTMS). ADVERTISEMENT
Wave's eSign Transaction Management Suite is designed to enable organizations to manage business processes and transactions entirely online, enabling automation of business policy compliance and reduce the need for time-consuming and costly traditional ink signatures and paper storage, or expensive traditional delivery services.
With Wave's SmartSignature Server deployed by service providers and enterprises, users may now more conveniently enjoy the benefits of e-signature applications without additional plug-in downloads, common in signing applications today, because the enhanced signing capability is an integrated part of the document process. Service providers may customize the electronic signing experience and authentication processes based on the risk of the transaction.
Service providers and enterprises may also use the stronger security options for signatures based on PKI certificate authentication and signing, including support for the Trusted Computing Group's Trusted Platform Module security chip. Wave's eSign Transaction Management Suite is designed to be integrated into this trusted computing environment.
Through Wave's SmartConnect(TM) web-services, SmartSignature Server is also designed to be easily integrated into existing applications such as CRM or document management systems to create new interfaces for signers. These capabilities allow organizations such as banking, mortgage, insurance or financial services companies to create a signing experience that is seamless and appears as an extension of existing processes and documents.
As an industry leader in developing trusted computing software and services, Wave's SmartSignature Server extends the range of options available to enterprises for authentication and signing, including integration with the eTMS SmartSAFE(TM) application. SmartSignature Server has elements that make an e-signature signing process "intelligent," including dynamically preparing a document for signing based on transaction requirements and parameters such as document expiration, the designation of signers, transaction specific language, and consumer consent.
"By adding SmartSignature Server to Wave's eSign Transaction Management Suite, we believe we can offer to our customers the most comprehensive eSign solution available today with choices to address the various levels of authentication, signing requirements, formats, and risk management decisions associated with all document types," said Brad Eaton, vice president of mortgage products with a la mode, inc., developer of desktop, mobile, and Web tools for the real estate and mortgage industries. "We serve different financial services markets, such as mortgage and real estate, with different regulatory and compliance requirements, and this solution allows us to deliver customized solutions by using the modular pieces of the eSign Transaction Management Suite."
"SmartSignature-Server allowed us to easily add electronic signatures to our iForms Suite," said Dave Kenney, CEO of Efficient Forms. "Our customers now have the ability to accurately and automatically complete forms processes and sign them on-line without ever leaving the organizations' web-site."
"By eliminating the need for traditional ink signatures and paper transactions, organizations can realize a significant return-on-investment with this business process automation solution," said Scott Schrader, president of Wave's eSign Systems.
"The ability to tailor the signing experience to fit a specific process, gives us the ability to address a greater range of scenarios in business-to-business, business-to consumer and government transactions," said Kelly Purcell, Wave's senior vice president, business development. "Wave's eSign Transaction Management Suite is an emerging leader in e-vault, ESIGN compliant digital and electronic signing, records retention, PKI-based identity and integration services."
Wave's eTM Suite consists of SmartSignature, SmartSignature Server, SmartSAFE, SmartIdentity(TM) Services, SmartConnect, the SMARTDoc(TM) Mortgage Banking Module and the Embassy® Trust Suite of software solutions.
The SmartSignature application uses digital certificates in a point-and-click client signing process, including support of trusted computing hardware being shipped today in millions of PCs. The SmartSignature Server application is a username/password based signing component residing in a server. Both applications are integrated with the SmartSAFE and can be implemented simultaneously. SmartSAFE stores digitally-signed, legally-binding contracts in a document repository for future viewing and legal record retention. SmartIdentity Services validates the identity of parties involved through an optional PKI-based identity application using an Equifax® patented process and automated digital certificate issuance. The eTM Suite SmartConnect solution offers web services for integration with other applications such as forms engines, work flow, documents systems legacy systems and CRM.
For more information on these solutions, please visit www.esignsystems.com or www.wave.com/signonline/signonline.html.
About Efficient Forms
Efficient Forms is a privately held company located in Littleton Colorado. With more than 200 customers in the Insurance and financial services industries, Efficient Forms has experienced explosive growth with a new approach to forms creation and integration. Efficient Forms was founded by a group of IT professionals who have spent the last 18 years developing and deploying enterprise class software for financial services companies.
About a la mode
a la mode, founded in 1985, develops desktop, mobile, and Web tools for real estate appraisers, agents, inspectors and mortgage lenders. Each year, over half of the nation's home appraisals are created with a la mode's WinTOTAL software and delivered electronically through its server network, which handles nearly a million and a half paperless mortgage transactions a month. a la mode XSites allow real estate professionals to deploy a professional Web presence that manages transactions and communications with their clients and provide an integrated platform for their own day to day processes. Learn more at http://www.alamode.com.
About Wave Systems Corp.
Consumers and businesses are demanding a computing environment that is more trusted, private, safe and secure. Wave is the leader in delivering trusted computing applications and services with advanced products, infrastructure and solutions across multiple trusted platforms from a variety of vendors. Wave holds a portfolio of significant fundamental patents in security and e-commerce applications and employs some of the world's leading security systems architects and engineers. For more information about Wave, visit http://www.wave.com.
Safe Harbor for Forward Looking Statements
Except for the statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to fund operations, the ability to forge partnerships required for deployment, changes in consumer and corporate buying habits, chip development and production, the rapid pace of change in the technology industry and other factors over which Wave Systems Corp. has little or no control. Wave Systems assumes no obligation to publicly update or revise any forward-looking statements.
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CAPE TOWN, South Africa -- Following a survey of about 400 members in 19 countries, the ATM Industry Association (ATMIA) has gained a consensus of five years as the international average for the ATM depreciation period.
Good morning. Yes, the stainless steel framing that the ATM's are encased in will last a good deal longer than 18 years.
I am in the same industry and Diebold is a customer of mine. The larger bank equipment manufacturering companies that deal directly with the financial industry always have upgrade and repair contracts as well as service agreements. The software would have to be changed on a regular basis as nothing stays static for long. This is true of ATM's from NCR also.
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