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JAWZ Launches its eXpedite Trust Suite -TM- Secure Digital Signature PKI Solution for Government and Healthcare Authorities Challenged with the Flood of Paperwork FAIRFIELD, N.J. & TORONTO--(BUSINESS WIRE)--March 28, 2001--JAWZ Inc. (NASDAQ:JAWZ - news)
JAWZ Inc. (NASDAQ:JAWZ - news) today announced JAWZ eXpedite Trust Suite(TM), a world-class PKI-enabled secure process management and managed security solution that will eliminate nearly 80% of the paperwork associated with government to consumer and government to business paper processes.
This total solution provides for legally valid authenticated digital transactions and forms that cannot be repudiated. The managed security component of the new JAWZ eXpedite Trust Suite(TM) will provide on-going secure transactions and follow-up for any application or paper process.
JAWZ eXpedite(TM) provides customers with secure integrated technologies to add documents, upload changes, forward documents and track the location of a document at any given time. When combined with a Public Key Infrastructure (PKI) customers can securely exchange the documents and authenticate them to ensure that only authorized individuals have access and that documents are associated with a legally binding electronic signature. Once the document or transaction has been completed, the system will then archive it in a secure format so that it cannot be altered.
``The JAWZ eXpedite Trust Suite(TM) will completely revolutionize the way governments not only handle paper intense processes, but how they conduct secure business in the future,'' said Robert Kubbernus, Chairman and CEO of JAWZ. ``This solution serves as a model for streamlining any paper transaction process by using information technology in a secure environment. By analysing the needs of our current customers and listening to their business challenges we were able to create JAWZ eXpedite(TM). JAWZ eXpedite(TM) combines the highest levels of security with a business process that will not only create tremendous efficiencies for the customer, but also significantly reduce costs. It also meets and exceeds any user or customer expectation for security and privacy.''
JAWZ eXpedite(TM) enables clients to streamline complicated processes, reduce paper and vastly improve transaction and forms-based processes. The ability to leverage current technological infrastructures such as web browsers, forms software and database back-ends allows customers to realize immediate cost savings.
The JAWZ eXpedite(TM) solution can be used right now to meet the demands for increased electronic infrastructures by business and government. For instance, the U.S. Government Paperwork Elimination Act (GPEA) mandates that:
Governments must provide by Oct. 21, 2003, (1) The option of electronic maintenance, submission or disclosure of information, when practicable as a substitute for paper, and; (2) The use and acceptance of electronic signatures, when practicable. According to an October, 2000 article in Federal Computer Week:
``For the Treasury Department alone, it is estimated that there are 2,957,430,696 responses from the public requiring 6,133,688,184 hours of work to comply and at a cost to the public of $217,833,000.''
However, implementing GPEA is more than just putting forms online. Within the tone of the guidance from Office of Management and Budget (OMB) and the legislation, there is a connection to digital signatures. This creates a focus on using the Web for the business processes involved in interacting with the public.
When fully implemented, the JAWZ eXpedite Trust Suite(TM) will drop processing time for government departments by approximately 75% and eliminate nearly 80% of the paperwork traditionally associated with applications and forms-based transactions in a truly secure environment.
JAWZ eXpedite(TM) addresses important government and business paper flow challenges that require expensive resources and excessive time spent on processing signatures and moving paper from one location to another. By securing signed, mission critical data, JAWZ eXpedite(TM) offers government and healthcare authorities a cost-efficient, highly-adaptable solution that meets its' time-to-market needs while improving overall service delivery to customers.
Kubbernus added, ``By providing customers with a highly adaptable, standard technology approach to secure, authenticated document management, JAWZ eXpedite(TM) can be tailored to meet both current and future needs without investing in expensive proprietary technologies.''
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