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Efficient Forms Deploys eSign Systems’ eSignature and eVault Solutions

November 28, 2006

Efficient Forms Deploys eSign Systems’ eSignature and eVault Solutions on Additional Platforms

LEE, Mass.-- eSign Systems, a division of Wave Systems Corp. (NASDAQ: WAVX), launched an electronic signature and electronic vault enhancements to Efficient Forms’ industry leading electronic contracting and online insurance application solutions. The new Efficient Contracting Solution and enhanced Efficient Application Solution are available immediately.

Both Efficient Forms solutions now integrate Wave’s eSign Transaction Management Suite (eTMS) into their core functionality, enabling users to create, sign, store, access and manage the lifecycle of legally binding signature processes and electronic records. eTMS provides Efficient Forms the functionality designed to meet the technical and legal requirements of transactions governed by the Electronic Signatures in the Global and National Commerce Act (ESIGN), the Uniform Electronic Transactions Act (UETA) and Revised Article 9 of the UCC, and the industry standards body Standards and Procedures for Electronic Records and Signatures (SPeRS).

“The combined benefits of the on-line agent interview with electronic file storage make it a valuable management tool. Additionally, the more carriers that incorporate portals for electronic submission directly impacts our efficiency by limiting non-revenue producing activities,” noted John P. Billiter, Director of Operations, Capital Marketing Group, Inc., a national marketing organization based in Raleigh, NC.

The integration expands upon Efficient Forms’ and eSign’s relationship which has spanned more than a year and has included the integration of eTMS with Efficient Forms’ iForms Product Suite™.

Source: Wave Systems Corp.



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