Document and information security is paramount as these firms depend upon our virtual data rooms to serve as a confidential due diligence document repository as they seek additional funding, licensing or strategic partnership arrangements.
Atlanta, GA (Vocus) February 23, 2010
V-Rooms™, a product of Due Diligence Online,
LLC, will launch several new document management features associated with Digital Rights Management (DRM) at the upcoming National Investment Bankers Association (NIBA) Conference in Ft. Lauderdale, February 25-26.
DRM for documents is an approach to enhanced document security in which the saving, copying, printing and distribution of digital content is restricted according to rules established by the owner of the document. This works by encrypting the files and then selectively granting access to them based on whatever credentials the documents’ owner uses to authenticate users.
"These enhancements are in direct response to requests from our clients, especially those whose assets consist primarily of intellectual property like life science, biotech and pharmaceutical companies," said Dan Bradbary, CEO of V-Rooms. "Document and information security is paramount as these firms depend upon our virtual data rooms to serve as a confidential due diligence document repository as they seek additional funding, licensing or strategic partnership arrangements.”
The benefits of providing DRM for documents are very compelling. By providing the same security that is available to keep documents secure within a corporate firewall, our virtual deal rooms allow secure collaboration with employees, partners, attorneys, contractors or other parties who may be located around the world. We will also be able to deliver even more useful data about how users are viewing, exchanging and printing documents, when, and from which platforms and devices. Having a document repository with an audit trail provides even more accountability in complex business transactions.
Due Diligence Online, LLC (800-731-6379). V-Rooms provides a privately-branded online virtual data room solution, designed to streamline document management, collaboration, exchange and archiving for Financial, Legal and Corporate professionals. Our document repository facilitates the compliant and auditable exchange of sensitive information to accelerate complex, information-intensive processes, while reducing the time and expenses associated with data distribution, courier, printing and travel.
Karen Perkins, President KPerkins (at) V-Rooms (dot) com Phone: 800-731-6379