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IBM Lotus Forms and CoSign Digital Signatures Deliver Trusted eForms Applications

San Francisco, CA March 24, 2008

IBM®, the global leader in information technology innovation, and ARX Inc. (Algorithmic Research), a leading global provider of digital signature (standard electronic signature) solutions, today announced that the CoSign® digital signature system has been qualified for use with IBM Lotus® Forms V3.0. The combined capability delivers eForms’ efficiencies and the security and standards of digital signatures to users of forms-driven applications.

Based on the XForms standard developed by the W3C, Lotus Forms deliver a flexible, easy-to-use front-end for business process automation that makes the benefits of eForms available via the web. The open architecture of Lotus Forms allows quick and easy integration with the CoSign digital signature solution and will also enable customers to deploy flexible electronic-forms applications that fit naturally into any Enterprise, B2B, and B2C environment.

“Many of our customers understand the benefits of becoming paperless but have concerns about the lack of information integrity in web-based processes that could interrupt the flow of their business, or fail to meet audit and regulatory requirements,” stated Grace Tseng, Director of Business Development for IBM Healthcare and Life Sciences. “Standard digital signatures alleviate these concerns, and the ARX CoSign approach is among the best we have seen for delivering this capability effectively, ensuring a measurable ROI every year after its deployment."

By sealing the web transactions in a manner that also provides proof of the signer’s intentions, CoSign digital signatures give Lotus Forms users additional confidence needed to deploy web-based processes that may cross their corporate boundaries. Since eForms are signed digitally, CoSign also ensures all process steps remain electronic — there is no need to print before signing. In addition, CoSign signatures can be verified anywhere, and anytime in the future, guaranteeing the signed eForm will meet records-retention and audit requirements.

CoSign’s integration within Lotus Forms also enables customers to comply with diverse regulations worldwide, including the U.S. FDA 21 CFR Part 11, HIPAA, SOX, the US E-Sign and UETA acts, and the EU Directive for Electronic Signatures. Once a document is signed, the signer cannot deny his/her digital signature, and the document has legal effect.

“We are seeing a growing global demand for standards in electronic forms solutions,” stated John Marchioni, VP Business Development at ARX. “The standards delivered by Lotus Forms and CoSign enable businesses processes to be effectively and securely extended outside traditional corporate boundaries, further increasing the enterprise’s collaborative output and competitive advantage.”

MAXIMUS Workforce Management Division processes over 1,000,000 I-9 Forms every year for employers in the US.  I-9 processing is regulated by the Department of Homeland Security and the Social Security Administration, and under a US law made effective in 2005, I-9 forms may be signed and managed electronically.  "The I-9 forms are now completed online and electronically signed by both employee (new hire) and employer (client manager), using digital signatures provided by CoSign. In addition to the cost and time savings for MAXIMUS and our clients, the CoSign solution gives us a competitive advantage in our increasingly competitive marketplace," says Nancy Kim, Vice President, MAXIMUS.

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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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We are
seeing a
growing global
demand for
standards in
electronic forms
solutions.


John Marchioni,
VP Business Development
Americas, ARX
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