ATLANTA, Aug. 26, 2005 (PRIMEZONE) -- Harland Financial Solutions, Inc., a wholly owned subsidiary of John H. Harland Company (NYSE:JH), continues to embrace technological advancements in the financial industry with its upcoming release of Pro Sign(tm), an electronic signing solution that eliminates the need to scan the most commonly used loan documents after closing.
Pro Sign is a comprehensive solution for electronically signing notices, disclosures and closing documents that works seamlessly with Laser Pro(r), Harland Financial Solutions' flagship compliant lending solution. Using a signature pad, Pro Sign captures digitized signatures and applies those signatures to each Laser Pro document during the loan signing process. After closing, documents may be imported into any Electronic Document Management System (EDMS) with Pro Sign easily adapting to established archival procedures.
Additionally, Pro Sign works with existing infrastructures using an intuitive workflow for the signing ceremony. It can accommodate signers at multiple locations by allowing documents to be checked in and out. All digitized signatures then appear on a single document set, reducing the need for Power of Attorney use and saving time otherwise spent on shipping documents between locations.
Addressing key issues, such as database security, Pro Sign grants access only to authorized users. Each signer must consent to signing documents electronically, subsequently controlling the application of their signature image to the loan documents. All signer actions are recorded in the transaction audit log, providing an evidentiary record of the signature process. After the signing ceremony, all signatures are purged from Pro Sign.
"We are proud to be one of the first technology providers in the financial industry to offer an electronic signing solution for loan documentation that simplifies workflow and effectively addresses security concerns," said Mike Clement, vice president and general manager of Lending Solutions with Harland Financial Solutions. "Pro Sign delivers significant value to our clients, saving them time and money by eliminating the need to manually scan multiple documents. It also incorporates best practices for the electronic signing of documents to help ensure a smooth audit."
Pro Sign has been developed in partnership with Epic River, LLC, a leading design firm located in Loveland, Colorado, that specializes in the process of innovation. Harland Financial Solutions provides many of the financial industry's most widely used loan origination, loan decisioning, teller, platform, call center, CRM, business intelligence, and deposit account opening systems. This partnership effort supports Harland Financial Solutions' ongoing commitment to provide innovative, end-to-end solutions for the financial industry.
About Epic River
Epic River (www.epicriver.com) has designed and developed a diverse set of products for market-leading software companies, including products for data storage, workflow/process management, Web-based applications and eRetail. Employing best practices in innovation, design and product management, Epic River strives to accelerate their partners' ability to move from idea to delivered product. Epic River seeks to enhance their partner organization's product portfolio and assist in their ability to continually provide innovations to their customers.
About Harland Financial Solutions
Harland Financial Solutions (www.harlandfinancialsolutions.com) supplies software and services to over 6,000 financial institutions of all sizes, offering its solutions in both an in-house and service bureau environment. Harland Financial Solutions delivers core systems, item processing, payment processing, electronic document management, financial accounting systems, electronic documents, deposit & loan origination, customer relationship management, compliance training, branch automation, check & MICR printing, mortgage lending and solutions consulting.
About Harland
Atlanta-based John H. Harland Company (NYSE:JH) (www.harland.net) is listed on the New York Stock Exchange under the symbol "JH." Harland is a leading provider of software and printed products to the financial institution market. Harland's software solutions include, deposit & loan origination, platform, teller, call-center, mortgage, business intelligence, core systems, and customer relationship management systems. Harland's printed products offerings include checks, direct marketing and financial forms. Scantron Corporation (www.scantron.com), a wholly owned subsidiary, is a leading provider of software services and systems for the collection, management and interpretation of data to the financial, commercial and educational markets.
This press release contains statements, which may constitute "forward-looking statements." These statements include statements regarding the intent, belief or current expectations of John H. Harland Company and members of its respective management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties and that actual results may differ materially from those contemplated by such forward-looking statements. Reference is made to the Risk Factors and Cautionary Statements in Harland's Form 10-K and Form 10-Q filed under the Securities Exchange Act.