The E-Sign Act granted electronic signatures the same legal weight in a court of law, when affixed to contracts and agreements, as wet-signed originals
Laguna Beach, CA (Vocus) June 8, 2010
Settleware Secure Services, Inc. recognizes June as “National e-Sign Awareness Month” in celebration of the 10th Anniversary of the passage of the U.S. Electronic Signatures in Global and National Commerce Act and in an effort to increase awareness of the many benefits of e-Signatures.
On June 30, 2000, President Bill Clinton ‘inked’ the E-Sign Act, one of the most significant pieces of legislation in the world, into law. “The E-Sign Act granted electronic signatures the same legal weight in a court of law, when affixed to contracts and agreements, as wet-signed originals,” stated Settleware’s President, CEO and Founder, C. Richard Triola. “After 10 years of validation, we are starting to see acceptance and adoption.”
“I liken it to the ATM machine,” Triola continued. “The ATM machine took only 17 years for mass adoption of usage so I see we are now rounding 2nd base with e-Signing and reaching the tipping point.”
Embraced today by large institutions, including the U.S. patent office, County Recorders, Secretaries of State, Fannie Mae, FHA and Wells Fargo, the benefits of streamlining processes and eliminating the need to legally execute a contract with ‘pen on paper’ are also of enormous benefit to small to medium size businesses. Of all the technologies available to us in the 21st century, electronic signatures have notably had the most profound impact on business, the environment and our economy, giving businesses of all sizes reason to celebrate.
E-Signing’s single point of usability eliminates the need for couriers, printers, fax machines, paper, pens and is an aid in moving along the dollar more expeditiously during the normal business transaction.
“Bottom line,” says successful entrepreneur and real estate broker Lillian Walker, “e-Signing is quickly becoming THE de facto standard of doing business. Our entire office has used Settleware’s e-Sign platform for two years. I can honestly say that this has changed the way we do business, for the better, forever. We couldn’t, as an example, imagine doing business these days without a cell phone or email. My office rates Settleware’s e-Signatures right up there as an absolute essential!”
Throughout the entire month of June, Settleware and its ExpressDox division will be advancing the benefits of e-Signatures with special events and promotions. Join the celebration! Join Settleware on Facebook this month and see why businesses using Settleware’s e-Signing platform have reason to celebrate and recognize June as “National e-Sign Awareness Month.”
About Settleware’s ExpressDox
Since 1999, Settleware has been the leading provider of secure and compliant electronic workflow solutions, enhanced by e-Signatures and ExpressDox. With the ExpressDox ‘48 hour Go Live’ promise (no installations or downloads required), an entire office can process and legally bind transactions in minutes.
The intelligence around the ExpressDox process is almost as valuable as the documents it binds. Join Settleware’s thousands of satisfied ExpressDox users and take ExpressDox for a free test drive.
With offices in Orange County, Calif. and Raleigh, NC, Settleware Secure Services, Inc. has been working to facilitate electronic and paperless real estate/mortgage transactions since 1999. The leading provider of e-Signatures, e-Notarization and e-Recording workflow to the Mortgage/Real Estate/Mortgage Industry, the company’s innovative workflow meets guidelines set by the E-Sign Act and UETA and supports both MISMO SMART Doc® and e-Signed PDF standards.
Settleware offers a secure signing solution that provides document tamper sealing, roles and permissions access and secure digital encryption algorithms that can authenticate the source of a digital signature as "valid" while providing one of the Industry’s first certified e-Vaults.
The company’s low-cost and patented web-based solution seamlessly connects all parties to the real estate or mortgage transaction, is vendor neutral and is offered as an affordable Software as a Service (SaaS) subscription basis.
For more information about Settleware, visit the company’s website, Settleware Secure Services, Inc.
Media Contact: Cayce Lee | Email: p r at settleware dot com