Pure Edge Transactions Exceed 35 Million per Year as Customers Embrace Open Standards for Form-based Business Process Automation. Businesses acheive faster time-to-value and quicker compliance using PureXML e-forms

PureEdge Solutions Inc., a leading provider of automation for XML form-based business processes is the only e-form company that has technological representation at the local, regional, district and national level. PureEdge has demonstrated through their open standard-based XML e-forms unparrelled diversity in a wide range of applications,seamless integration and ease of implementation. Organizations such as the US Air Force,Securities & Exchange Commission (SEC),JP Morgan Chase and the City of Los Angeles use PureEdge e-forms. Insurance and Healthcare sectors will experience significant value proposition, cost reduction and improved operational efficiencies as PureEdge continues its exponential growth in the market.

Victoria, BC (PRWEB) June 17, 2004 -- PureEdge Solutions Inc., a leading provider of automation for form-based business processes, today announced that customer usage of its PureXML e-forms has skyrocketed, surpassing 35 million transactions per year, representing over 100,000 transactions daily. This significant milestone indicates an increased demand for open standards-based e-forms that streamline business processes, reduce costs and improve operational efficiencies.

Some of the leading organizations that rely on PureEdge e-forms to easily create, deploy, capture and integrate secure XML e-forms into core business processes include Grants.gov, the Securities & Exchange Commission (SEC), JP Morgan Chase, the City of Los Angeles and the US Air Force.

Grants.gov, a US E-Government initiative that provides a single, secure and reliable source to apply for federal grants online, selected PureEdge XML e-forms in 2003 as its dynamic front-end system for grant applications. More than $350 billion in US grants is issued each year to state and local governments, academics, non-profit groups and other organizations.

"Dynamic XML e-forms are an important element of our strategy to leverage the Web to make grant information more accessible, improve service delivery, streamline application processing, while also complying with the Government Paperwork Elimination Act," said Rebecca Spitzgo, Program Manager for Grants.gov. "We have already seen significant interest in the PureEdge e-forms solution for Grants.gov from organizations that need to work on submissions without being online for the entire process."

PureEdge is gaining significant traction in document intensive, service-oriented industries, such as government and financial services, because of its capacity to enable the flexible and rapid deployment of XML forms-based processes. The unique, open systems architecture of PureEdge solutions also makes it easier for organizations to securely integrate their document-centric front-ends with critical back-end systems, such as content management systems.
"Several factors are driving the growth of the e-forms industry, including an increased market demand for open standards-based technology, the need for regulatory compliance with legislation such as the Government Paperwork Elimination Act and Sarbanes-Oxley, and pressure for organizations to find new ways to improve service delivery while managing costs," said Toby Bell, Research Director, Gartner.

"Thirty-five million transactions yearly clearly demonstrates that secure PureXML e-forms address a significant market need for dynamic forms-based business process automation solutions that enable quick and tangible business benefits," said Mark Upson, President and CEO, PureEdge Solutions. "Building on our heritage as the first company to publish an XML protocol for enforceable electronic forms, PureEdge continues to innovate by delivering solutions that allow organizations to integrate people, processes and information to decrease the total cost of ownership, accelerate ROI and deliver an improved user experience."

About PureEdge
PureEdge is an enterprise software company that increases organizational effectiveness and productivity by enhancing business processes using PureXML e-forms solutions. Our unique open standards framework integrates people, processes and information to decrease implementation times and the total cost of ownership. The PureEdge solution is composed of products, partnerships and services that allow customers to create manage and deploy XML forms-based processes and securely leverage existing sources and systems. PureEdge has worked with government organizations including the Securities & Exchange Commission (SEC), JPMorgan Chase and the US Department of Defense to increase overall productivity and reduce costs, meet regulatory requirements, and leverage and extend corporate and line-of-business applications and data.

For further information contact: Roy C Lachance Strategic Corporate Business Development Partner.

Suite 411, 1177 West Hastings St
Vancouver, British Columbia
V6E 2K3
Canada
Tel: 604-762-1033
Fax: 604-684-7077
Email: rlachance@mgcg.ca
www.pureedge.com