SNS Silanis

TIDMSNS

RNS Number : 4261J

Silanis International Limited

07 August 2012

 
 RNS Release   7 August 2012 
 

Silanis International Limited (the "Company") Announces a Major US Government Agency Chooses Silanis E-Signatures

The Company (AIM: SNS) announced today that a major US federal government agency has chosen Silanis Technology Inc. ("Silanis"), the leader in enterprise e-signature solutions with the largest e-signature deployments, to bring added transparency and auditability to its organization.

With insight and accountability being paramount for all government agencies, enterprise-class systems like Silanis' e-Sign Enterprise(TM) are being chosen to better fulfill the US Government's mandate for agencies to track funds and maintain compliance with changing policies and regulations. By increasing visibility and control into its transactions, this major US government agency will be able to deliver on its obligation.

"Transparency and fiscal responsibility are top priorities for US government agencies, even as they look to increase the efficiency and measurability of their processes while using fewer resources. And that's where e-signatures come in - they provide the ultimate in automation and control when executing a process," says Tommy Petrogiannis, Silanis' Chief Executive Officer and co-founder. "Enterprise e-signatures allow organizations to enforce business, legal and regulatory requirements while also generating a secure audit trail - this kind of insight into transactions, and proof of who signed what, when and in what order is invaluable to government agencies," continues Petrogiannis.

This government agency will implement Silanis' e-Sign Enterprise nationally this year, marking another win for Silanis in the federal government space. In use for over a decade by the entire Joint Chiefs of Staff and by over 1.4 million US Army personnel, Silanis has been the e-signature solution provider behind the longest running implementations and the largest e-signatures initiative ever undertaken in the US government. Silanis is proud to be the electronic signature of choice in the government marketplace.

About Silanis

Silanis is the most widely used e-signature solution in the world, processing over 600 million documents annually. Since the company was founded in 1992, our solutions have strengthened the business processes of thousands of organizations, including four of the top 10 North American banks, five of the top 10 insurance companies and the entire US Army, among others. Companies and government organizations around the globe depend on Silanis to accelerate business transactions, improve customer experience and reduce costs while improving compliance with legal and regulatory requirements. Silanis' on-premise, cloud and SaaS e-signature solutions eliminate manual, paper-based processing and enable e-commerce and e-government transactions to be electronically executed from start to finish.

For further details, please contact:

Silanis International Limited

Tommy Petrogiannis, Chief Executive Officer

www.sil-intl.co.uk

Tel: + 1 514 337 5255

Canaccord Genuity Limited

Simon Bridges

Tel: +44 (0)20 7523 8000

This information is provided by RNS

The company news service from the London Stock Exchange

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