CoSign, NextDocs to Drive Life Sciences Industry Compliance and Process Optimization

Release Date: January 9, 2007

Algorithmic Research (ARX), a leading worldwide provider of standards based electronic signatures and data security solutions, and NextDocs, a document management software provider for life sciences and other regulatory environments, today announced a new integrated product that combines CoSign® electronic signature solution with NextDocs document management solution.

The integrated product offering enables businesses operating in regulatory environments to manage processes and compliance in a unified solution while reducing the cost and complexity of compliance.

The new solution will drive down the cost and complexity of compliance by reducing or eliminating printing, copying, faxing, mailing and archiving associated with manual paper-based processes. In addition, approval process is accelerated because documents are securely electronically signed and routed, enabling collaboration across corporate, technical and geographic boundaries.

“We determined standard PKI-(Public Key Infrastructure) based digital signatures were the most secure and widely accepted solution for regulatory compliance,” said Zikria Syed, CEO of NextDocs. “In addition, CoSign provided a high-level API (SAPI) for our web application integration, and virtually zero system administration once deployed.”

The integrated offering manages and automates SOP and work instruction approvals, training requirements associated with SOPs, and project specific processes related to GxP, computer system validation, FDA and vendor audits.

“NextDocs delivers documents to a dispersed user community via a web-based application. With CoSign, electronically signed documents become portable electronic records,” says Rodd Schlerf, Life Science Practice Manager of ARX. “These records may be easily routed in order to verify the signer’s identity and authenticity, and validate the document’s integrity without using proprietary hardware or software. “

Schlerf adds that CoSign’s ability to cost effectively setup and generate standard electronic signatures combined with Microsoft SharePoint Server 2007 web interface enables a NextDocs architecture that serves today’s dispersed and mobile users in the life sciences industry.

About NextDocs

NextDocs is a provider of document management software for life sciences companies and other businesses operating in regulatory environments. The company offers document management software and process, quality, and technology implementation services to complement the software.
For more information please visit www.nextdocs.com

NextDocs product suite, designed from the ground up to be used in regulatory environments, provides base document management software as well as turnkey applications to manage business needs including regulatory and compliance processes. Compliant with FDA 21 CFR Part 11, NextDocs products provide advanced process specific workflows, digital signatures and seamless integration with desktop applications including Microsoft Office. Built on Microsoft SharePoint platform, NextDocs products are web based, easy to use and implement and provide immediate productivity gains. For more information please visit www.nextdocs.com/nextDocs.asp

About CoSign®

CoSign is ARX’s tamper-proof, easy to use, electronic-signature solution which delivers an innovative way for electronically signing documents, files, forms and transactions. Based on standard PKI technology, CoSign guarantees signer authenticity, data integrity, and non-repudiation of documents and transactions. With its unique centralized approach, built-in integration with the organization’s existing User-Management System and extensive 3rd party application support, CoSign eliminates additional overhead costs.

About Algorithmic Research (ARX)

Algorithmic Research (ARX) is a leading global provider of standards-based electronic-signature (Digital Signature) and data-security solutions. The company offers a wide range of high-end and state of the art products and services designed to simplify, secure, and accelerate electronic transactions. ARX specializes in designing and implementing easy to use, simple to deploy, electronic signature and security solutions, combining software and hardware products, for small, medium and large computing environments.

ARX has more than 18 years of experience in assisting financial institutions, governmental organizations and commercial sectors to secure and streamline their processes and transactions.

CoSign® is a registered trademark of Algorithmic Research, Ltd. All other trade names and trademarks are the property of their respective holders.

Media Contact:

Gwen Hoover, Altitude Marketing, 610-421-8601