[2936] in cryptography@c2.net mail archive
IP: Doc.Authentic.Sys Announces Intro of `Electronic Original(TM)'
daemon@ATHENA.MIT.EDU (Robert Hettinga)
Fri Jul 10 10:02:52 1998
Date: Fri, 10 Jul 1998 09:12:46 -0400
To: cypherpunks@cyberpass.net, cryptography@c2.net
From: Robert Hettinga <rah@shipwright.com>
Is this yet another watermarking scheme with delusions of grandeur?
Cheers,
Bob Hettinga
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Subject: IP: Doc.Authentic.Sys Announces Intro of `Electronic Original(TM=
)'
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Status: U
Source: PR Newswire
Document Authentication Systems Announces the Introduction Of the
`Electronic Original(TM)'
BALTIMORE, July 9 /PRNewswire/ -- Document Authentication Systems, In=
c.
("DAS") announced today the release of DocuGuard(TM), a complete portfoli=
o
of electronic commerce products that enable a business breakthrough; the
creation of Electronic Original(TM) documents.
The patented DocuGuard(TM) process allows companies to conduct busine=
ss
with an Electronic Original(TM) exactly as they would function with a pap=
er
document. This means that vital, complex documents such as contracts,
mortgages, leases, regulatory filings and drug applications can now be
"worked" electronically between parties, instead of relying on paper
originals and courier services as the basis for handling complex,
commercial transactions. The Electronic Original(TM) can help virtually
any commercial or government enterprise save time, reduce expenses and
improve efficiency.
"The Electronic Original(TM) breakthrough represents the next wave in
the evolution of business-to-business electronic commerce," said Douglas =
H.
Trotter, chief executive officer for DAS. "DocuGuard(TM) fuses the
emerging digital signature and cryptography technologies with secure,
effective document authentication control practices into an innovative
solution that dramatically improves the efficiency of any paper-intensive
business or regulatory process."
Major features of DocuGuard(TM) include:
-- Enables the electronic creation and signing of all commercial
documents.
-- Eliminates the need for original paper documents and hard-copy
storage for companies and their trading partners.
-- Provides and maintains a legal, verifiable chain of evidence and
custody for protected documents through trusted third parties.
-- Enables legally enforceable agreements, transactions, and contract=
s.
-- Produces electronic records that meet government regulations for
"originals."
-- Enables legally effective transfers of ownership between parties.
DocuGuard(TM)'s product set includes a scalable workstation
application, a Trusted Custodial Utility(TM) that receives and manages th=
e
electronic documents and a public key infrastructure that integrates
certification authority services with digital signatures, certificates,
directories and key issuance and management of secure tokens.
DAS has licensed DocuGuard(TM) for the mortgage and commercial
equipment leasing markets, and has recently signed a letter-of-intent wit=
h
Sterling Commerce to implement DocuGuard(TM) in the pharmaceutical
industry. Other DAS partners and customers include: Renaissance Capital
Group, Arkoma Venture Partners, Perot Systems Corporation, Prime New
Ventures and General Electric Capital Corporation.
"Electronic Commerce is playing an increasingly important role in
streamlining internal business processes," said David Dodge, president of
the Commerce Business Division for Sterling Commerce. "We look forward t=
o
working with DAS to bring their innovative solution to help the
pharmaceuticals industry with its many paper-intensive regulatory
requirements."
Document Authentication Systems, Inc., based in Baltimore's historic
Camden Yards area, is a privately held electronic commerce software and
services company that develops and licenses DocuGuard(TM).
DAS(TM), DocuGuard(TM), Electronic Original(TM) and Trusted Custodial
Utility(TM) are trademarks of Document Authentication Systems, Inc.
SOURCE Document Authentication Systems, Inc.
CONTACT: Susan L. Penn of Document Authentication Systems,
410-659-9796, or, slpenn@das-inc.com
=A91998 PR Newswire.
-----------------------
NOTE: In accordance with Title 17 U.S.C. section 107, this material is
distributed without profit or payment to those who have expressed a prior
interest in receiving this information for non-profit research and
educational purposes only.
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-----------------
Robert A. Hettinga <mailto: rah@philodox.com>
Philodox Financial Technology Evangelism <http://www.philodox.com/>
44 Farquhar Street, Boston, MA 02131 USA
"... however it may deserve respect for its usefulness and antiquity,
[predicting the end of the world] has not been found agreeable to
experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'
The Philodox Symposium on Digital Bearer Transaction Settlement
July 23-24, 1998: <http://www.philodox.com/symposiuminfo.html>
