CoSign™ for eArchiving allows companies to retire their ageing paper archives
Petach Tikva, Israel - November 30, 2005
Countries around the world have updated legislation to allow replacing expensive paper archives with an electronic archiving (eArchiving) solution, provided the original documents are digitally signed during the scanning and eArchiving process. The global move toward eArchiving solutions is expected to save companies billions in expenses.
"Without a doubt, physical archiving is a solution that should be consigned to history," says Ramel Levin, Marketing Manager, Algorithmic Research (ARX) a leading worldwide provider of electronic signatures and data security solutions. "Until the recent legislation changes, companies were obliged to manage or outsource expensive physical archiving in order to comply with the requirement to present original documents during a legal dispute."
Using legally binding electronic signatures, however, companies are now able to legally sign documents before entering them into an eArchive, freeing them from the original paperwork.
"Electronic signatures enable organizations to seal archived documents," he explains. "Any changes made to these documents will be instantly visible as the seal is "broken". This means signer authenticity is guaranteed, and that accountability, data integrity and non-repudiation of documents and transactions is ensured."
Typical adopters of such solutions include the healthcare and pharmaceutical industry, governmental departments, universities and legal offices, among others.

About CoSign®
CoSign is ARX's, tamper-proof, easy to use, electronic-signature solution which delivers an innovative way for electronically signing documents, files, forms and transactions. Based on standard PKI technology, CoSign guarantees signer authenticity, data integrity, and non-repudiation of documents and transactions. With its unique centralized approach, built-in integration with the organization's existing User-Management System and extensive 3rd party application support, CoSign eliminates additional overhead costs.
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CoSign® is a registered trademarks of Algorithmic Research, Ltd. All other trade names and trademarks are the property of their respective holders.
More information about CoSign is available here
About Algorithmic Research (ARX)
Algorithmic Research (ARX) is a leading global provider of electronic-signature and data-security solutions. The company offers a wide range of high-end and state of the art products and services designed to simplify, secure, and accelerate electronic transactions. ARX specializes in designing and implementing easy to use, simple to deploy, electronic signature and security solutions, combining software and hardware products, for small, medium and large computing environments.
ARX has more than 18 years of experience in assisting financial institutions, governmental organizations and commercial sectors to secure and streamline their processes and transactions.
More information about ARX is available here
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Physical
Archiving is
a solution
that should
be consigned
to history
Ramel Levin,
ARX
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