August 29, 2006

DocuSign and eOriginal Deliver First Comprehensive Online Solution for Business and Consumer Loan Documents

Alliance provides end-to-end electronic transactions for financial services customers

SEATTLE – August 29, 2006 –DocuSign®, the leading on-demand electronic signature service, today announced a strategic alliance and development partnership with eOriginal, Inc., the flagship supplier of electronic contracting software across financial markets. Working together, DocuSign and eOriginal are creating the first complete on-demand solution for electronic execution of business and consumer loan documents. Loan transactions that have been executed and managed using only costly paper processes, may now be completed in a fully electronic transaction, with bank notes automatically flowing into a secure electronic vault for securitization and management.

DocuSign’s secure electronic document delivery and signature service includes comprehensive audit trail and tracking capability, as well as complete multi-layered security and authentication compliant with recent Federal Financial Institutions Examination Council (FFIEC) guidance. Once a loan document has been created and executed within the DocuSign system, the master record is automatically placed in a highly secure eOriginal vault for management of transferable assets, securities and critical source documents. This provides an ideal solution for financial institutions looking to sell more products through economical e-commerce channels.

DocuSign and eOriginal are the first to offer a complete online solution resolving FFIEC compliance issues for financial transactions, including complex loan documents. Financial Institutions are expected to comply with the FFIEC guidance no later than year-end 2006.  The solution requires no IT infrastructure to deploy and works seamlessly with existing business process systems, allowing financial institutions to easily implement a compliant solution before the end-of-year deadline.

“eOriginal is the recognized leader for secure eVaulting solutions and provides an ideal complement to the DocuSign electronic signature service,” said Court Lorenzini, CEO of DocuSign, Inc. “With the push in financial services to move more of their products through low cost channels such as ecommerce and call centers, DocuSign and eOriginal are the first to deliver a working solution for even the most complex transactions. And while institutions scramble this year to comply with the FFIEC guidance, they can rest easy knowing that we’ve got a solution to their problems.”
                  
“The integration of eOriginal and DocuSign technologies creates a comprehensive web-delivered service offering enterprise class security, scalability and flexibility,” said Jack Stose, VP of Sales & Marketing from eOriginal. “The combined solution will drastically reduce implementation time and dramatically lower the cost of entry for paperless lending.”

About DocuSign
DocuSign offers a web-based electronic signature service that provides the simplicity, speed and security required to deliver, sign and store documents. Designed from the ground up for business-class usage, this service integrates the technical infrastructure and legal compliance needed to operate an end-to-end electronic signing service that replaces the old pen and paper process. DocuSign customers span a variety of industries and range from the largest corporations to the smallest branch offices. These customers are enjoying quantifiable benefits with DocuSign, including removal of costs, increases in revenue, and acceleration in business velocity. DocuSign also offers a direct positive impact on our global environment by reducing paper consumption and transportation emissions. For more information please visit www.docusign.com. DocuSign and the DocuSign logo are registered trademarks of DocuSign, Inc.

About eOriginal
eOriginal, Inc. provides enterprise class software and scalable, integrated web services solutions that enable organizations to execute and manage  secure business transactions.  eOriginal creates legally enforceable electronic documents that completely replace paper as essential high value assets or source records.  eOriginal technology enables the execution, transfer, management and re–sale of fully electronic assets, such as mortgage notes, leases, retail installment contracts, and securities as Transferable Records under e-commerce legislation such as E–Sign, UETA and UCC Article 9.  Nearly 1 million e-contracts valued at $15 billion have been created and are being managed with eOriginal software.  eOriginal is headquartered in The Warehouse at Camden Yards in Baltimore, MD. For more information, visit www.eoriginal.com