ApproveIt - Best New Product Finalist at FOSE '99

March 15, 1999

Government Computer News selects ApproveIt as Best End User Software finalist.

Montreal, Quebec - March 16, 1999 — Last evening, Silanis Technology's electronic approval software product ApproveIt was named as a finalist in Government Computer News' Best New Product at FOSE '99 awards. As a finalist in the best new product - end user software category, ApproveIt was judged carefully on software qualities important to Government Computer News' readers such as those related to innovation, usability, specifications and value.

"ApproveIt's nomination as a Best New Product at FOSE '99 is a reflection of the interest and importance of electronic approval in the government marketplace," says Tommy Petrogiannis, President of Silanis Technology. "The Government Paperwork Elimination Act has definitely set the pace for paperless processes in government and ApproveIt electronic approval and electronic signature capabilities are an essential piece of the government reinvention puzzle!"

ApproveIt is the among a new class of offering, complete, off-the-shelf electronic approval software. ApproveIt has enabled both commercial and government agencies, departments and installations to electronically approve and exchange documentation worldwide. It is the first product that enables users to take the electronic document that they have already created and to automate their existing paper approval process without having to change established procedures or hierarchy of authority. For the first time, organizations are taking full advantage of its IT infrastructure and can eliminate the delays incurred with handling, routing, archiving and retrieving paper.

ApproveIt meets the requirements of government's paper processes by adapting the capabilities of the electronic world and managing the dilemma of juggling issues of security and of ease of use. It incorporates all these requirements into a commercial-off-the-shelf (COTS) product by way of its exclusive Intelligent Signature technology (patent pending). It is the only product on the market today that provides a complete approval solution that can be easily used enterprise wide by leveraging the current investment in document creation applications, email, document management, workflow and/or internet/intranet systems. Government customers benefiting from ApproveIt include the Joint Chief of Staff, US Army, US Air Force, US Marine Corps, and US Navy. Other customers include Nationwide Insurance, Williams Communications, Bristol-Myers Squibb and NASA.

About Silanis

Founded in 1992, Silanis Technology Inc. develops ApproveIt, the industry's first and only multi-signature electronic approval management software. Over 400 organizations use Silanis products in government, business, insurance, medical, and health care sectors, including the US Joint Chiefs of Staff, TRW, Williams Group, Nationwide Insurance, and National City Bank. Silanis software is recognized for its mature feature set, security, ease-of-use, and simple integration.