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CoSign Digital Signatures to Expedite Field Service Reports at MEDRAD

San Francisco , California April 29, 2008

ARX (Algorithmic Research), a leading provider of digital signatures (standard electronic signatures) and information assurance solutions, has been chosen to implement a CoSign® digital signature solution at MEDRAD (a subsidiary of Bayer AG), a worldwide provider of medical devices and services.

Approximately 100 field service representatives maintain MEDRAD's cardiovascular and angiography diagnostic and therapeutic imaging medical systems throughout the world. These field reps are required by US Food and Drug Administration (FDA) regulation to generate a signed service report for all field service work performed. MEDRAD's CRM generates these field reports, and multiple copies are then printed for signing. Over the course of a year, tens of thousands of field service reports are generated, signed, shipped, and archived. In order to alleviate such a cost-prohibitive and labor intensive process, MEDRAD decided to implement the use of a digital signature solution, which would allow them to maintain a completely electronic workflow. CoSign's compatibility with all major documentation formats provided the perfect solution to MEDRAD's digital signature needs.

Upon CoSign's full implementation at MEDRAD, the company's field service representatives will document their maintenance work in reports created by the CRM. The report will automatically be turned into a PDF and saved to a folder on their local PC. Later in the week, or when it's convenient, the representative will be able to digitally batch sign all of their reports at once, and have them automatically saved to the network drive in an FDA 21 CFR Part 11-compliant manner. The Cosign digital signature solution will completely eliminate the need to print, sign, ship, and physically archive service reports, reducing a two week process into one that can be completed in a minute.

Rodd Schlerf, Sales Manager at ARX said, "We find that medical device companies have many processes that can benefit from CoSign. Field service reports are a great example of a regulated, large volume, paper-intensive process costing organizations huge amounts of money and more importantly – people’s time."

Angela Gasper, IT Project Manager at MEDRAD explained, "Through our use of CoSign's digital signature solution, MEDRAD expects to significantly cut costs in shipping, paper-related products, and workload." Gasper added that, "Additionally, ARX's experienced technical staff worked closely with us to customize our application for batch signing of reports, allowing our field service representatives to concentrate on work, not paperwork."

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About MEDRAD

MEDRAD, Inc. is a worldwide leading provider of medical devices and services that enable and enhance imaging procedures of the human body. Used in diagnostic imaging, MEDRAD's product offerings include a comprehensive line of vascular injection systems, magnetic resonance (MR) surface coils and accessory products, and equipment services. MEDRAD is a recipient of the 2003 Malcolm Baldrige National Quality Award in the manufacturing category, the top honor a U.S. company can achieve for business excellence. For more information please visit www.MEDRAD.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 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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Through our
use of CoSign's
digital signature
solution,
MEDRAD expects
to significantly
cut costs
in shipping,
paper-related
products, and
workload.


Angela Gasper,
IT Project Manager,
MEDRAD
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