Deloitte and Silanis Partner to Deliver E-Signature Solutions In South Africa - Partnership Combines Technology with Business Process Expertise for Paperless Processes

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Silanis Technology and Deloitte, announce a partnership to deliver electronic signature solutions in South Africa. Under this partnership, Deloitte becomes the exclusive distributor for SilanisÂ? ApproveIt Web Server product to the South African commercial market.

Silanis Technology, the market leader in automating business approval processes, and Deloitte, the only fully integrated business consulting and advisory service firm, globally and in South Africa, today announced a partnership to deliver electronic signature solutions. Under this partnership, Deloitte becomes the exclusive distributor for Silanis’ ApproveIt Web Server product to the South African commercial market.

The ApproveIt Web Server is the premier product for bringing electronic approvals onto the web. From presenting documents for review and approval, to capturing consumer signatures and consent on transactions and contracts to secure delivery, the ApproveIt Web Server provides both ease-of-use and strong digital evidence to ensure legal enforceability.

“Many commercial and financial organizations are striving to streamline processes, automate approvals and eliminate their reliance on paper,” said Kobus Burger, Partner, Innovation with Deloitte South Africa. “We have seen a great deal of interest from organizations in the auto finance, banking and telecommunications sectors.”

“Deloitte is the leading business consulting firm in South Africa,” said Michael Laurie, vice president of strategy at Silanis. “They are ideally positioned to apply their expertise in business process management to build solutions around our technology for their customers.”

Deloitte’s plan is to leverage the technology to assist clients to automate business transactions such as new account openings, loan origination and closings, consumer contracts for cell phones, and vehicle asset finance applications.

The Electronic Communications and Transactions Act, passed in 2002 (ECT Act), was the first legislative step in South Africa for completely enabling e-business and e-commerce. The Act aids existing legislation to legally recognize electronic signatures and contracts, providing them with the same legal enforceability as paper contracts.

About Deloitte

Deloitte, one of the country's leading professional services firms, provides audit, tax, consulting and financial advisory services through nearly 4,000 people in more than nine cities in South Africa. Deloitte is the South African member firm of Deloitte Touche Tohmatsu, an organization of member firms devoted to excellence in providing professional services and advice executed locally in nearly 150 countries. With access to the deep intellectual capital of 120,000 people worldwide, our member firms (including their affiliates) deliver services in four professional areas: audit, tax, consulting and financial advisory services. They serve over one-half of the world's largest companies, as well as large national enterprises, public institutions, and successful fast-growing global companies.

About Silanis

Silanis Technology is the leading provider of solutions that automate the Business Approval Process. The company’s award winning desktop and server-based solutions leverage electronic signature and approval technology to achieve total automation. With over 1,000 customers across government, mortgage, auto finance, insurance, banking and FDA regulated industries, Silanis has over a decade of experience in developing and delivering solutions that work the way organizations do. Silanis' flagship customers include the US Joint Chiefs of Staff, US Army Medical Command, GMAC CM, and Stewart Title. For more information, visit http://www.silanis.com.

Contacts

Andrea Simmons, Marketing Communications Manager, Silanis Technology

(514) 337-5255 ext. 1152, andrea_simmons@silanis.com

Kobus Burger, Partner, Innovation, Deloitte, +27118065227, kburger@deloitte.co.za

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Andrea Simmons