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CoSign Digital Signatures Boost Business Processes, Enable Green Processes at CSH

San Francisco, California January 23, 2008

ARX (Algorithmic Research), a leading global provider of digital signatures (standard electronic signatures), has implemented a CoSign® digital-signature solution at the Corporation for Supportive Housing (CSH), a non-profit organization, supplying housing solutions to the homeless.

CSH is using CoSign to expedite internal approval processes that require multiple signatures by staff located within 10 geographically dispersed offices across the United States. Hundreds of documents (reports, expense reimbursements, check requests, contracts, invoices, time sheets, etc.) created in Microsoft Word, Excel, and Adobe PDF formats are digitally signed every month.

"In addition to having expedited our processes, we experienced a speedy ROI of just 3 months and savings of about $20,000 a year by eliminating paper from our business processes. Furthermore, reduced paper use allows us to contribute to our national initiative to benefit the environment, resulting in cleaner, healthier air for all Americans," explained Sergey Drukman, Director of Finance, CSH.

"CSH’s decision to improve their internal processes and to cut paper-related expenditures made CoSign an easy choice,” said Sam Aviram, Sales Manager at ARX, Inc. “Furthermore, CoSign’s support for multiple file formats and ability to create trusted electronic records that can be validated by outside third parties, enabled CSH to seamlessly shift its focus from hard-copy business processes to an efficient and productive electronic workflow."

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About CSH

CSH (www.csh.org) helps communities create permanent housing with services to prevent and end homelessness. CSH strives for a day when homelessness is no longer a routine occurrence and supportive housing is an accepted, understood, and easy-to-develop response. In coordination with broader national efforts to end homelessness, CSH will help communities create 150,000 units of supportive housing during the next decade.

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About CoSign Digital Signatures

CoSign is ARX's digital signature solution that allows users to digitally sign multiple document types, records, files, forms, and electronic transactions from their desktop or via a zero-footprint technology using any Web browser. By using standard digital signature technology, CoSign produces a portable signature record for every signature it captures. The portable signature format – CoSign®PSF™ enables partners, customers, and prospects to retain and verify the proof of identity, intent, and transaction integrity over the life of the record without any proprietary software. CoSign signatures are being used by hundreds of thousands of users in Enterprise, B2B and B2C processes, to learn why please see our white papers and product details at www.arx.com/products/cosign_moreinfo.php.

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About The Digital Signature Company - ARX (Algorithmic Research)

ARX is a global provider of digital signature solutions for the life sciences, healthcare, government, engineering, and manufacturing organizations. ARX has over 20 years of experience assisting businesses to cost effectively secure, streamline, and scale their business processes and transactions. The company specializes in enabling organizations of any size to scale digital signature and security solutions at the lowest TCO while retaining proper control mechanisms that are required by legislation, regulation and industry best practice. For more information, please visit www.arx.com.

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

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CSH’s decision
to improve their
internal processes
and to cut paper-
related expenditures
made CoSign an easy
choice.


Sam Aviram,
ARX
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