Laserfiche® Adds CoSign® Standard Electronic Signatures to Repository and Workflow Solution

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Laserfiche® and ARX today announced the introduction of CoSign® Lite for Laserfiche which allows Laserfiche users to replace handwritten signatures with legally-binding digital signatures for electronic documents within the Laserfiche records-management and workflow environment.

Deployment of the CoSign Digital-Signature technology by Laserfiche is yet another proof point that standard digital signature solutions can be flexible and feature rich, while also affordable and easy to use.

Laserfiche®, a developer of powerful electronic document management systems (EDMS), and ARX (Algorithmic Research), a leading global provider of standard digital signature solutions, today announced the introduction of CoSign® Lite for Laserfiche. CoSign Lite will allow Laserfiche users to replace handwritten signatures with legally-binding digital signatures for electronic documents within the Laserfiche records-management and workflow environment.

With this new professional developer partnership™, Laserfiche users now have access to technology that can sign, seal and route documents for verification anywhere; thereby, immediately expediting business processes, reducing costs, while maintaining document integrity and complying with regulations. In addition, CoSign Lite offers support for major applications and file formats including PDF, Microsoft® Word, Excel®, Outlook®, TIFF, InfoPath® and many more.

Standard electronic signatures, when used with good record-keeping practices ensure audit and regulatory compliance. CoSign Lite for Laserfiche enables compliance with regulations worldwide, including the U.S. FDA 21 CFR Part 11, US E-Sign and UETA acts, and the EU Directive for Electronic Signatures. Once a document is signed, the signer cannot deny her/his electronic signature and the document has legal effect.

"CoSign Lite for Laserfiche is being launched specifically to meet a growing demand for electronic document and record's integrity in internal and cross-organizational business processes," said John Marchioni, VP of Business Development, Americas, ARX.

Commenting on the relationship, Marchioni continued, "Deployment of the CoSign Digital-Signature technology by Laserfiche is yet another proof point that standard digital signature solutions can be flexible and feature rich, while also affordable and easy to use." Marchioni concluded by stating, "It is important for ARX to partner with such an exceptional leader in document management technology. With Laserfiche on our team, we are now better positioned to meet the dynamic IT requirements of an even broader community of businesses and government agencies worldwide."

"After our investigation of the field of electronic-signature solutions, we chose to partner with ARX for their extensive experience and track record in delivering solutions that are easy to deploy and manage, and yet are among the most secure," stated Tom Wayman, Director of Product Strategy, Laserfiche. "With this new quick-to-learn and easy-to-deploy electronic-signature capability, the Laserfiche platform further enables our customers to eliminate wasted time and manpower, while optimizing their business operations, and in doing so we expect they will see a positive impact to their bottom-line operating costs and profits within several months of deployment."

About Laserfiche:
Laserfiche (http://www.laserfiche.com) creates simple and elegant document management solutions that help organizations run smarter. Since 1987, more than 23,000 organizations have used Laserfiche software to help staff find what they need in seconds, collaborate more effectively and complete daily tasks more efficiently. Engineered for rapid deployment, Laserfiche easily integrates with the primary business applications staff use every day.

Laserfiche distributes software through a worldwide network of value-added resellers (VARs), who tailor solutions to clients' individual needs. In recognition of the outstanding training and support we provide to our resellers, the Laserfiche VAR program has received the Five-Star Rating from VARBusiness magazine.

About CoSign:
The CoSign approach means digital signature standards and efficiencies across your operations. Signing and sealing documents with CoSign immediately expedites business processes, reduces costs, increases security and enables organizations to comply with diverse regional and industry regulations. CoSign works with all major applications and document formats including: Microsoft® Word, Excel®, Outlook®, Adobe® PDF, TIFF, AutoCAD®, InfoPath®, Lotus Forms, and many more. CoSign signatures are being used by hundreds of thousands of users in Enterprise, B2B and B2C processes, to learn why please see our white papers and product details at http://www.arx.com/products/cosign.php.

About ARX Inc. (Algorithmic Research):
ARX has over 20 years of experience assisting banking, financial services, life sciences, healthcare, governmental organizations and commercial sectors to secure and streamline their business processes and transactions. ARX offers a wide range of highly scalable products designed to simplify, secure, and accelerate electronic business. ARX Inc. is a wholly owned subsidiary of Algorithmic Research Ltd., which successfully completed its MBO acquisition from Cylink Corporation, today SafeNet, Inc. (NASDAQ:SFNT) in 2001. For more information, please visit http://www.arx.com.

CoSign® is a registered trademark of Algorithmic Research, Ltd. All other trade names and trademarks are the property of their respective holders.

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Miki Weiser
ARX Inc
+972-3-927-9587
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Elena Bosio
Laserfiche
1-562-988-1688
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