DocuSign Issues the 'Go Green With DocuSign Challenge' -- Goal is to Save 10 Million Pieces of Paper by Earth Day 2008

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In recognition of Earth Day and in an effort to help save thousands of trees and reduce carbon monoxide emissions, DocuSign the leading web-based electronic signature service, today announced the "Go Green With DocuSign Challenge". Starting this week, DocuSign is challenging businesses to join in an effort to save over 10 million pieces of paper by Earth Day 2008. Using Electronic Signature technology greatly reduces the amount of paper used, fuel used and carbon monoxide emissions caused by trucks and airplanes for global delivery of these documents.

Go Green With DocuSign Challenge

In recognition of Earth Day and in an effort to help save thousands of trees and reduce carbon monoxide emissions, DocuSign the leading web-based electronic signature service, today announced the "Go Green With DocuSign Challenge". Starting this week, DocuSign is challenging businesses to join in an effort to save over 10 million pieces of paper by Earth Day 2008.

Today business documents are created electronically, then printed for paper/pen signature, transported to the signer, then transported back to the sender to be scanned back in electronically. By using DocuSign's web-based service, companies can eliminate the paper/pen step and execute contracts and agreements electronically. Using the electronic signature process instead of paper greatly improves a company's bottom line by increasing revenues and reducing the time and money spent on items such as printing, faxing, postage and global shipping. The DocuSign solution also greatly reduces the amount of paper used, fuel used and carbon monoxide emissions caused by trucks and airplanes for global delivery of these documents.

DocuSign's web site will track the number of pages of paper saved throughout the year and will announce the results on Earth Day 2008. The company that wins the "Go Green With DocuSign Challenge" by saving the most amount of paper by signing documents and contracts electronically will have 1,000 trees planted in their name. The complete story can be heard via podcast at http://www.docusign.com.

There is a consensus in the scientific community about the dangers and impacts of global warming on the environment globally. While there are many companies and organizations that are implementing best practices that have a positive impact on the environment, there is much more that can be done. Statistics about the use of paper, ink cartridges, the cost of fuel for global overnight mail delivery and the overall impact on the global environment are staggering:

  • Xerox calculates that 18 trillion pages are printed on office equipment each year which equals 223 million trees or 4.5 million acres of trees that are cut down for the production of this paper. A forest of these wasted trees would be twice the size of Yellowstone National Park.
  • One tree produces 80,500 pieces of paper.
  • One tree consumes 50 pounds of CO2 each year.
  • Each year, 300 million ink/printer cartridges are thrown away which, if stacked side-by-side, would circle the planet.
  • In 2006, a major home loan lender spent over $90 million on postage.
  • In 2005, a leading overnight delivery service spent $48 million on fuel alone for the company's delivery trucks and airplanes.

"The 'Go Green With DocuSign Challenge' is not just about saving money and improving your company's bottom line, it's about taking a stand and doing something to help improve the environment. While we will be recognizing the winning company that saves the most paper during our challenge, it's important to point out that everyone wins when we work together to help offset the risks of global warming," said Matthew J. Schiltz, CEO and President of DocuSign. "Companies that decide to 'Just DocuSign It' will find that it's easy to save a huge amount of paper and trees and greatly reduce the amount of fuel and carbon monoxide emissions typically associated with signing and transporting business documents. Besides the obvious benefit of encouraging 'greener' business practices, using web-based electronic signatures for signing important business documents is a simpler, faster and better way to grow a business and eliminate the cost of global shipping permanently."

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Megan McKenzie
DocuSign
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