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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 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 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.

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

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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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