To: Kip518 who wrote (63 ) 10/27/1999 8:41:00 AM From: Kip518 Read Replies (1) | Respond to of 97
October 27, 1999 08:22 Interlink Electronics Inc. & Silanis Technology To Bring Electronic Signature Approval to Microsoft Office Documents CAMARILLO, Calif.--(BUSINESS WIRE)--Oct. 27, 1999--Interlink Electronics Inc. (NASDAQ:LINK) announced today that it has formed a strategic partnership with Silanis Technology Inc. to provide Microsoft(R) Office(R) users with an electronic signature solution for hand signing and authentication of MS-Office documents. Integrating Interlink's new ePad(TM) pen input pad with Silanis' ApproveIt(TM) software, the off-the-shelf solution will enable Office users to work in an "end to end" electronic document environment on networks, intranets, and over the Internet. Available in the fourth quarter of 1999, this turnkey E-Business signature solution will cost less than $100 per workstation. "Of the 75 million MS-Office users worldwide, most remain paper bound due in part to the lack of an electronic signature component within their application. Unfortunately, adoption of the software technology by this mainstream market has remained impeded by the relatively high cost of pen input hardware and has contributed to enterprises' inability to realize electronic business initiatives," said Tommy Petrogiannis, President of Silanis Technology. "Interlink Electronics' ePad is a robust input device that is being offered at a price-point that will help to open new markets for the technology. Widespread adoption of electronic approval software, such as ApproveIt, need no longer be bound by the cost constraints associated with sophisticated hardware." "Silanis Technology is one of today's leading developers of pen-based signature approval software," said E. Michael Thoben, chairman, CEO and president of Interlink Electronics. "It is our E-Business strategy to form strategic alliances with such companies around solutions that directly address emerging market demand. Given the immense install-base of MS-Office and the worldwide trend towards a paperless office, this cost-effective electronic signature solution should find broad market acceptance." ePad Electronic Signature Pad Interlink Electronics' ePad signature pad uses the company's patented VersaPad(R) semi-conductive input pad technology to ergonomically emulate the natural feel of signing on paper. In addition to capturing the line shape of electronic signatures, ePad records the stylus pressure and time-to-sign data required by more sophist-icated pen-based applications such as electronic signature binding and biometric signature verification. ePad is a Windows '95/'98 "plug-and-play" input device. ApproveIt Electronic Approval Software ApproveIt software provides ePad users with an off-the-shelf solution to ensure the creation of secure, bona fide documents and signatures within established corporate approval processes. A standard solution in many industries, ApproveIt meets all U.S. and international legislation and regulations for digital signatures and encryption. ApproveIt for Desktop, also available from Silanis Technology, sells for $149 per seat and expands upon the concepts of digital and electronic handwritten signature technology to include advanced automation capabilities which manage multiple approval processes, including document section and batch signing functions. About Interlink Electronics Inc. Interlink Electronics Inc. (NASDAQ:LINK) is an international leader in the development of intuitive interface technologies and solutions. Innovative products include interactive remote controls for business communications and home entertainment markets, signature pads for electronic transactions and E-Commerce, and integrated computer pointing devices. OEM partners include Sony, IBM, Microsoft, NEC, Sharp, Toshiba, InFocus Systems, and Mitsubishi. The company maintains offices in Camarillo, Calif. and Tokyo, Japan, and is available online at www.interlinkelectronics.com or in Japan at www.interlinkelec.co.jp. About Silanis Technology Inc. From the moment of its inception in 1992, Silanis Technology's has been providing solution which allow users to enhance corporate electronic business initiatives and realize the promise of increased business process efficiency. The company's ApproveIt line of software is a standard for electronic approval and is a complete off-the-shelf solution for many corporations, including those in government, defense, pharmaceutical, insurance, health, finance and manufacturing.