SNS Silanis

 

TIDMSNS 
 
RNS Number : 0919U 
Silanis International Limited 
08 October 2010 
 
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| RNS release                   |               8 October  2010 | 
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                  Silanis International Limited (the "Company") 
                  US Army E-Signature Usage Continues to Expand 
 
The Company (AIM: SNS) is pleased to announce that the US Army has renewed its 
annual electronic signature enterprise license support with Silanis Technology 
Inc. ("Silanis"). The Army Audit Agency has validated that the use of electronic 
signatures is expected to save the US Army $1.3 billion every year once the Army 
Publishing Content Management System ("APCMS") is fully implemented. This 
initiative is aimed at transforming US Army operations by eliminating paper from 
forms-based processing. 
 
Tommy Petrogiannis, Silanis' founder and C.E.O. commented: "The US Army, one of 
the largest organizations in the world, undertook a monumental challenge six 
years ago to transform itself into a paperless organization. Every year, tens of 
millions of electronic signatures are used to improve operational readiness and 
reduce costs. Continuous improvement is underway, as evidenced by Silanis' 
September 2010 announcement that a division of the Army licensed our latest 
generation of solutions. This division will now be able to harness the power of 
Silanis' Electronic Signature Process Management capability, and easily extend 
e-signing processes to the iPad and other web-centric, platform-independent 
mobile devices." 
The US Army first began integrating Silanis' electronic signature solution into 
the APCMS in 2005. In addition to the substantial cost-savings, the solution 
helps to keep US Army personnel out of harms way by eliminating the need to send 
convoys into hostile territories in order to obtain authorization and signature 
approvals. This can now be completed electronically from anywhere in the world. 
2,500 of the most critical Department of Army forms have been digitized and made 
available to more than 1.6 million users. Fully deployed, this will represent 
the largest e-signature and e-forms deployment in the world. 
Silanis' electronic signature solution is used in conjunction with IBM Content 
Manager and IBM Lotus Forms to also reduce cycle times, and data-entry efforts 
and error. For example, the Army estimates that two hours will be saved each 
time an evaluation report is processed electronically, for a total potential 
annual savings of $28 million. Furthermore, it is estimated that pre-populating 
forms with data will result in saving each person in the Army an estimated 30 
minutes per day. 
 
For further details, please contact: 
+----------------------------------------+----------------------+ 
| Silanis International Limited          |                      | 
| Tommy Petrogiannis, Chief Executive    | Tel: +1 514 337 5255 | 
| Officer                                |                      | 
|                                        |                      | 
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| Canaccord Genuity Limited              | Tel: +44 (0) 20 7050 | 
| Mark Williams                          | 6500                 | 
+----------------------------------------+----------------------+ 
 
About Silanis 
 
Silanis Technology Inc. is the leading provider of Electronic Signature Process 
Management solutions. The world's largest insurance and financial services 
companies, major government agencies, and service providers depend on Silanis to 
accelerate business transactions and reduce costs while improving compliance 
with legal and regulatory requirements. The company's on-premises, cloud, and 
Software-as-a-Service (SaaS) e-signature solutions eliminate manual, paper-based 
processing to enable e-commerce and e-government transactions to be executed 
fully electronically from start to finish. Visit us on the Web at 
www.silanis.com 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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