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   Home > Press Releases > CoSign Adds Timestamp Technology

CoSign Digital Signatures Add Timestamp Technology

San Francisco, CA March 10, 2008

ARX (Algorithmic Research), a leading provider of digital signature solutions (standard electronic signatures), and DigiStamp, an innovative provider of timestamping technology and related services, have announced a partnership enabling the CoSign® digital signature solution to utilize a standard timestamp service.

The partnership combines CoSign digital signatures' legally-binding ability to sign, seal, and validate documents, with a standards-based time stamping authority. The benefit of incorporating a standard timestamp with a digital signature is the additional layer of integrity the document subsequently maintains, as the signer, content, and the time of signature all become indisputable.

CoSign digital signatures are delivered in a solution that is implemented and certified according to US and EU digital signature (FIPS 186-3) and security (FIPS 140-2 Level 3) standards. In addition, DigiStamp's timestamp is created based on standards established by the IETF (RFC 3161) and ISO (FCD 18014-2). As a result of this partnership, both can be applied to business documents for internally and externally routed electronic-document verification. This capacity is a significant business asset as it allows external and third parties to verify the authenticity of electronic documents.

“Organizations will always realize economies and a steady ROI from investments made in standards-based IT solutions, because standards improve the exchange and share-ability of information,” said John Marchioni, VP of Business Development, Americas, ARX. “With a combination of standards for electronic signatures and timestamping, these organizations will have added the confidence that signed documents provide proof of signer identity, intent, and transaction integrity, and now also include a bullet-proof timestamp.”

“As we transition from paper to electronic data and digital signatures, organizations face the challenge of lockdown security that’s easy to use,” said Rick Borgers, CTO, DigiStamp. “The combination of CoSign and secure digital timestamps gives companies the ability to comply with regulatory standards while, at the same time, being able to prove that nothing has been altered in their records. We are pleased that ARX has added secure time stamps to CoSign. We anticipate rapid growth of content security services, and trusted third-party time stamping is a critical part of that overall solution.”

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About DigiStamp

DigiStamp was founded in 1998 as a pioneer Time Stamp Authority to protect intellectual property. Ensuring strong legal evidence for customers remains their bedrock service. DigiStamp provides the tools to prove the authenticity and integrity of electronic records. Their solution is built using accepted industry standards from the IETF and OASIS. DigiStamp's customers include financial, insurance, healthcare, and science research organizations verifying regulatory compliance, managing liability risks, and recording possession of intellectual property. For more information, please visit http://www.digistamp.com.

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About CoSign Digital Signatures

CoSign makes it easy to digitally sign transactions, documents, and records by embedding the standard signature technology directly into mainstream business applications. CoSign produces a signature record for every signature it captures. This Portable Signature Format (CoSign PSF™) allows anyone to seamlessly verify and retain proof of identity, intent, and document integrity without costly, complicated, or proprietary software. CoSign keeps your business running smoothly by fully automating and quickly scaling processes at a low cost and with proper controls. Learn more at www.arx.com/products/cosign_moreinfo.php.

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About ARX - The Digital Signature Company

ARX (Algorithmic Research) is a global provider of cost-efficient digital signature solutions for industries such as life sciences, healthcare, government, and engineering. ARX engineers and scientists have more than 20 years of experience in security and standard digital signature application. ARX helps businesses secure, streamline, and scale their business processes and transactions with the proper controls required by legislation, regulation, and industry best practice. Visit us at www.arx.com.

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

Press Contact:
Edna Kaplan
KOGS Communication
781-639-1910/phone
kaplan@kogspr.com

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We anticipate
rapid growth of
content security
services, and
trusted third-party
time stamping is
a critical part
of that overall
solution.


Rick Borgers,
CTO DigiStamp
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