Silanis International Limited Contract Renewal (5462O)
October 12 2012 - 1:00AM
UK Regulatory
TIDMSNS
RNS Number : 5462O
Silanis International Limited
12 October 2012
RNS Release 12 October 2012
Silanis International Limited (the "Company") Announces Contract
Renewal and Expansion of E-Signature Mobile and Transaction
Management Capabilities for the US Army
The Company (AIM: SNS) announced today the renewal of a
significant contract between Silanis Technology Inc. ("Silanis")
and the US Army. As the most widely used electronic signature
provider among leading government agencies including the US General
Services Administration, Air Force Global Combat Support System and
leading financial and insurance companies, Silanis will continue to
provide the US Army with enterprise license support for electronic
signatures. Nearly a decade after implementing the largest
e-signature initiative in government to date, the US Army continues
to progress towards a paperless operation.
In addition to its annual contract, the US Army has purchased
mobile and transaction management capabilities through Silanis'
Mobile e-Sign(TM) and Transaction Manager(TM) modules. Using Mobile
e-Sign, field personnel can e-sign munitions requisitions and
submissions on an iPad using a US Department of Defense Common
Access Card (smart card), in locations with full, limited or no
online connectivity. Coupled with the Transaction Manager module,
personnel can monitor, manage and report on any in-progress or
completed transactions, bringing additional visibility and control
to the US Army's high volume of electronic transactions and moving
processes forward faster through increased responsiveness and
real-time data. The addition of these technologies speaks to the
growing use of mobile devices within the US Army to enable timely
decision-making and improve responsiveness to soldiers.
The US Army first began integrating Silanis' electronic
signature solution into the ECMS 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 signed approvals.
Authorization can now be completed electronically from anywhere in
the world. This project continues to 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,
data-entry efforts and errors. The total cost savings attributed to
adding e-signatures across the US Army's paperless initiatives is
$1.3 billion annually.
About Silanis
Silanis is the most widely used e-signature solution in the
world, responsible for processing more than 600 million documents
annually. Founded in 1992, Silanis' solutions e-Sign Enterprise(TM)
and e-SignLive(TM) enable thousands of organizations, including
four of the top 10 North American banks, eight of the top 15
insurance companies and the entire US Army to accelerate business
transactions, improve customer experience and reduce costs while
improving compliance with legal and regulatory requirements.
Silanis provides the most flexible deployment options with its
on-premise, cloud and SaaS e-signature solutions, eliminating
manual, paper-based processing and enabling e-commerce and
e-government transactions to be electronically executed from start
to finish.
For further details, please contact:
Silanis International Limited
Tommy Petrogiannis, Chief Executive Officer
www.sil-intl.co.uk
Tel: + 1 514 337 5255
Canaccord Genuity Limited
Simon Bridges
Tel: +44 (0)20 7523 8000
This information is provided by RNS
The company news service from the London Stock Exchange
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