SNS Silanis

TIDMSNS

RNS Number : 5462O

Silanis International Limited

12 October 2012

 
 RNS Release   12 October 2012 
 

Silanis International Limited (the "Company") Announces Contract Renewal and Expansion of E-Signature Mobile and Transaction Management Capabilities for the US Army

The Company (AIM: SNS) announced today the renewal of a significant contract between Silanis Technology Inc. ("Silanis") and the US Army. As the most widely used electronic signature provider among leading government agencies including the US General Services Administration, Air Force Global Combat Support System and leading financial and insurance companies, Silanis will continue to provide the US Army with enterprise license support for electronic signatures. Nearly a decade after implementing the largest e-signature initiative in government to date, the US Army continues to progress towards a paperless operation.

In addition to its annual contract, the US Army has purchased mobile and transaction management capabilities through Silanis' Mobile e-Sign(TM) and Transaction Manager(TM) modules. Using Mobile e-Sign, field personnel can e-sign munitions requisitions and submissions on an iPad using a US Department of Defense Common Access Card (smart card), in locations with full, limited or no online connectivity. Coupled with the Transaction Manager module, personnel can monitor, manage and report on any in-progress or completed transactions, bringing additional visibility and control to the US Army's high volume of electronic transactions and moving processes forward faster through increased responsiveness and real-time data. The addition of these technologies speaks to the growing use of mobile devices within the US Army to enable timely decision-making and improve responsiveness to soldiers.

The US Army first began integrating Silanis' electronic signature solution into the ECMS in 2005. In addition to the substantial cost-savings, the solution helps to keep US Army personnel out of harms way by eliminating the need to send convoys into hostile territories in order to obtain signed approvals. Authorization can now be completed electronically from anywhere in the world. This project continues to represent the largest e-signature and e-forms deployment in the world.

Silanis' electronic signature solution is used in conjunction with IBM Content Manager and IBM Forms to also reduce cycle times, data-entry efforts and errors. The total cost savings attributed to adding e-signatures across the US Army's paperless initiatives is $1.3 billion annually.

About Silanis

Silanis is the most widely used e-signature solution in the world, responsible for processing more than 600 million documents annually. Founded in 1992, Silanis' solutions e-Sign Enterprise(TM) and e-SignLive(TM) enable thousands of organizations, including four of the top 10 North American banks, eight of the top 15 insurance companies and the entire US Army to accelerate business transactions, improve customer experience and reduce costs while improving compliance with legal and regulatory requirements. Silanis provides the most flexible deployment options with its on-premise, cloud and SaaS e-signature solutions, eliminating manual, paper-based processing and enabling 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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