iSIGN Expands Relationship With Top 5 U.S. P&C Insurer

Redwood Shores, California, UNITED STATES

Client Deploys iSign® Console™ for Standalone E-Signatures to Complement 8-Year Deployment of Straight-Through Processing Solution for Policy Management

REDWOOD SHORES, Calif., Oct. 11, 2016 (GLOBE NEWSWIRE) -- iSign Solutions Inc. (“iSIGN”) (OTCQB:ISGN), a leading supplier of electronic signature and other software solutions enabling secure, cost-effective and paperless management of contracts and other document-based transactions, today announced that a Top 5 U.S. property and casualty insurer has completed the implementation and rollout of iSign® Console™ (the “Console”). This long-term iSIGN client has been using iSIGN’s SignatureOne® Ceremony® Server (the “Ceremony Server”) to process insurance applications, policy issuances and other documents for approximately 8 years. iSIGN estimates that the client has processed over 50 million transactions to date through the Ceremony Server.

The Ceremony Server is a leading software platform adopted by large financial institutions that require a fully-automated electronic solution to process high-volume forms without the need for manual intervention. This type of solution is referred to as enabling straight-through processing. The Console leverages the Ceremony Server’s core signature engine and is ideal for organizations looking for a standalone electronic signature solution to handle the electronic signature of low-volume documents. Through its intuitive user interface, the Console allows users to upload documents for signature, select signers and signature methods, and manage and enforce document workflow for routing, reviewing, signing and notifications. The Console offers a secure and intuitive solution that requires no integration and is available on-premise or in the cloud.

“We are seeing increased demand from our existing and prospective enterprise-level clients and SaaS platform partners for greater flexibility in capturing secure signatures,” said Philip Sassower, co-chairman and chief executive officer for iSIGN. “The Console was developed to meet the specific requirements of our leading enterprise customer companies and our white-label digital transaction management channel partners, for standalone e-signature capabilities. The flexibility available from signing documents on an ad-hoc basis with the Console or via straight-through processing with the Ceremony Server provides a great benefit to larger enterprises and our SaaS provider channel partners alike.”

iSIGN (formerly known as Communication Intelligence Corporation or CIC) is a leading provider of digital transaction management (DTM) software enabling fully digital (paperless) business processes. iSIGN’s solutions encompass a wide array of functionality and services, including electronic signatures, simple-to-complex workflow management and various options for biometric authentication. These solutions are available across virtually all enterprise, desktop and mobile environments as a seamlessly integrated software platform for both ad-hoc and fully automated transactions. iSIGN’s software platform can be deployed both on-premise and as a cloud-based service, with the ability to easily transition between deployment models. iSIGN is headquartered in Silicon Valley. For more information, please visit our website at iSIGN’s logo is a trademark of iSIGN.

Certain statements contained in this press release, including without limitation, statements containing the words “believes”, “anticipates”, “hopes”, “intends”, “expects”, and other words of similar import, constitute “forward looking” statements within the meaning of the Private Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors, which may cause actual events to differ materially from expectations.  Such factors include the following (1) technological, engineering, quality control or other circumstances which could delay the sale or shipment of products containing the company’s technology; (2) economic, business, market and competitive conditions in the software industry and technological innovations which could affect customer purchases of the company’s solutions; (3) the company’s inability to protect its trade secrets or other proprietary rights, operate without infringing upon the proprietary rights of others or prevent others from infringing on the proprietary rights of the company; and (4) general economic and business conditions.


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