Contract renewal (8365P)
October 10 2011 - 1:00AM
UK Regulatory
TIDMSNS
RNS Number : 8365P
Silanis International Limited
10 October 2011
RNS Release 10 October 2011
Silanis International Limited (the "Company") announces US Army
Enterprise E-Signature Usage Continues to Expand
The Company (AIM: SNS) is pleased to announce that the US Army
has renewed its annual electronic signature enterprise license
support with Silanis Technology Inc. ("Silanis"). This represents
Silanis' largest value annual maintenance contract. Seven years in
use and the largest government e-signature implementation to date,
the US Army continues its move towards a paperless operation. The
Army Audit Agency validated the use of electronic signatures which
is expected to save the US Army $1.3 billion every year once the
Army Publishing Content Management System ("APCMS") is fully
implemented. This initiative is aimed at transforming US Army
operations by eliminating paper from forms-based processing.
Tommy Petrogiannis, Silanis' founder and C.E.O. commented: "With
the Army's direction towards fully web based, zero client e-forms
solutions, Silanis added native e-signature integration to the IBM
Forms server allowing Army users to sign an e-form in a
browser-only environment. In addition, this new functionality
includes interoperability between the client based solution and
zero client based solution. Army personnel can start the signing
process with the Silanis/IBM forms solution in a zero client, web
browser-only mode while maintaining the option to complete the
process offline at a later date.
The US Army first began integrating Silanis' electronic
signature solution into the APCMS in 2005. In addition to the
substantial cost-savings, the solution helps to keep US Army
personnel out of harms way by eliminating the need to send convoys
into hostile territories in order to obtain authorization and
signature approvals. This can now be completed electronically from
anywhere in the world. 2,500 of the most critical Department of
Army forms have been digitized and made available to more than 1.6
million users. Fully deployed, this will represent the largest
e-signature and e-forms deployment in the world.
Silanis' electronic signature solution is used in conjunction
with IBM Content Manager and IBM Forms to also reduce cycle times,
and data-entry efforts and error. For example, the Army estimates
that two hours will be saved each time an evaluation report is
processed electronically, for a total potential annual savings of
$28 million. Furthermore, it is estimated that pre-populating forms
with data will result in saving each person in the Army an
estimated 30 minutes per day.
About Silanis
Silanis is the most widely used e-signature solution in the
world. Since the company was founded in 1992, our solutions have
processed hundreds of millions of e-signatures, strengthening
business processes within the world's largest insurance and
financial services companies, government agencies and service
providers. Enterprises around the globe depend on Silanis to
accelerate business transactions and reduce costs while improving
compliance with legal and regulatory requirements. Silanis'
on-premise, cloud and SaaS e-signature solutions eliminate manual,
paper-based processing and enable e-commerce and e-government
transactions to be electronically executed from start to
finish.
For further details, please contact:
Silanis International Tel: + 1 514 337
Limited 5255
Tommy Petrogiannis,
Chief Executive Officer
www.sil-intl.co.uk
Canaccord Genuity Limited Tel: +44 (0)20 7050 6500
Mark Williams
This information is provided by RNS
The company news service from the London Stock Exchange
END
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