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eSignSystems Launches Modernized Electronic Signing Experience

Redesigned SigningRoom Offers a Secure Mechanism to eDeliver & eSign Electronic Documents on Personal Computers and Mobile Devices (February 16, 2012)

LEE, MA -- (Marketwire) -- 02/16/12 -- eSignSystems, a division of Wave Systems Corp. (NASDAQ: WAVX), today announced the latest release of SmartSAFE, a leading solution for lifecycle management of electronically signed, legally-binding documents and records requiring ESIGN and UETA compliance. This new version of SmartSAFE features a redesigned SigningRoom that simplifies the entire eDelivery and eSigning process for all parties. Expanded cross-browser support allows users to log into the SigningRoom with all the most popular web browsers. Additionally, the SigningRoom has been optimized for tablets and mobile devices, bringing new convenience to field agents and consumers who need to complete transactions from remote locations.

"eSignSystems' SigningRoom provides a centralized, secure environment where parties can login to review and eSign documents from wherever they are at the time they need to conduct their business," said Kelly Purcell, EVP of eSignSystems. "Powerful new customization options ensure that partners can integrate the SigningRoom directly into their own business processes with a similar user interface. By extending the look and feel of our partners' existing web infrastructure, eSignSystems can ensure a seamless eSigning experience for the end-user."

"Given the regulatory environment of today, our customers demand high integrity around the document and data," said Roger Gudobba, Chief Strategy Officer of Compliance Systems, Inc. "That applies to the eSignature piece as well. That's why eSignSystems is our preferred solution -- couple the ease of use of the SigningRoom with the audit trails of the SmartSAFE eVault and it's a solution that can stand up to the rigorous requirements of electronic transactions."

The redesigned SigningRoom, which resides within the SmartSAFE, is more intuitive to use and has improved graphics. This release delivers three options to define the look-and-feel of the SigningRoom branding. Partners can set colors and images to match their existing web properties, through an easy to use configurable web interface. Secondly, the system supports the easy installation of cascading style sheets (CSSs), which provides graphic designers with complete control over the branding of the SigningRoom. Lastly, new architecture isolates the SigningRoom in a way that lets skilled developers modify and customize the SigningRoom to integrate with their organization's existing business processes and technology.


"The SigningRoom is a powerful solution for any organization that requires legal or regulatory proof of document eDelivery, and is even implemented in many cases where documents may not even require a signature," continued Purcell. "Great focus was put on the expansion of eDelivery based on customer requests and feedback, to meet the growing document lifecycle management issues and regulatory concerns of our partners in the insurance and mortgage industries, as well as the healthcare marketplace."

In addition, from the technology perspective the SigningRoom has been refreshed using the latest web development techniques, ensuring compatibility across a wide array of web-accessible devices. The SmartSAFE now generates expanded alerts around eDelivery actions within the SigningRoom. As an example, through the eDelivery process when a document is reviewed in the SigningRoom, an event is automatically generated and sent to the SigningRoom owner. Another new notification alert tells the SigningRoom owner if a signer opts-out of doing business electronically, allowing for quicker reaction time for paper fulfillment.

The global economy is in many cases migrating to electronic signing instead of traditional transportation of documents to obtain wet ink signatures. Many organizations are considering alternatives for document delivery for several reasons: to address stronger regulation of document management; to better protect transmission of personal private information and sensitive data; and to offset postal rate increases and decreased service. SmartSAFE is not only a cost-saving and more efficient solution to these needs, but also supports green initiatives. With eSignSystems, document integrity is assured throughout the entire lifecycle of an electronic document, for the strongest confidence that a signed document remains unaltered, legally-binding and easily accessible.

About eSignSystems
eSignSystems, a division of Wave Systems Corp. (NASDAQ: WAVX), is a leading provider of lifecycle management of electronically signed, legally binding documents, contracts and digital transactions. The SmartSAFE Bundle enables companies to manage business processes and transactions entirely online. Organizations can address certain regulatory compliance issues, improve productivity and efficiency in processing transactions, and achieve significant cost savings through the elimination of document transportation costs, processing and storage. For more information, visit www.esignsystems.com.

Safe Harbor for Forward-Looking Statements
Except for the statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to fund operations, the ability to forge partnerships required for deployment, changes in consumer and corporate buying habits, chip development and production, the rapid pace of change in the technology industry and other factors over which Wave Systems Corp. has little or no control. Wave Systems assumes no obligation to publicly update or revise any forward-looking statements.

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Contacts:
Public Relations
Mike Schultz
Message Infusion, LLC
978-496-1012
mike@messageinfusion.com

Company
David Hunter
eSignSystems
609-297-4037
dhunter@esignsystems.com


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