October 10, 2007

Upside Chooses DocuSign for Enterprise-class eSignatures

 

With Demand for eSignatures rising, Upside Software to resell DocuSign eSignature services to enterprise-class customers

SEATTLE, WA (October 10, 2007) – DocuSign, the leading Web-based electronic signature service, today announced that it has entered a resale partnership with Upside Software (Upside), the worldwide leader in Contract Lifecycle Management (CLM) solutions. Upside will broadly integrate DocuSign’s electronic signature services into its CLM solutions, enabling corporations to seamlessly move from contract creation to contract execution, without ever leaving the platform. The result is that Upside customers will see faster ROI from Upside’s CLM solutions, with results measured in weeks as opposed to months. Rapid deployment, ease of use and enterprise class service are the hallmarks of both companies, giving Upside customers the best-of-class solution all in one platform. With more than 1,800 customers and 300,000 end users, DocuSign is emerging as the standard for enterprise-class, web-based electronic signature services and was recently named to Gartner Group’s “Cool Vendor” list for the second consecutive year. Upside has been recognized as one of the leading CLM vendors by Gartner Group, AMR Research, Forrester Research and Aberdeen Research and was selected by Microsoft as one of its 2006 Partners of the Year.

“We are very excited about the benefits we are delivering to Upside’s customers,” said Court Lorenzini, co-Founder and Executive Vice President, DocuSign. “Upside has a terrific platform to take advantage of our eSignature service. By creating a tight integration with our web-based solution, customers will be able to get signatures and complete the contract lifecycle in seconds rather than days. The ROI for a sales team is off the charts. DocuSign’s ability to easily highlight where the customer needs to sign or initial will make every contract within Upside ready for eSignature. This changes the game for corporations, allowing them to create, send, sign and manage their agreements in a single enterprise-class platform.”

“Upside is very excited that using DocuSign’s e-signature offering, we can enable our customers to finalize their contracts about 30 percent faster on average. Organizations are rapidly adopting electronic signatures and truly understand the great value it has not just for a quicker lifecycle, but also the ease of tracking, audit compliance and overall governance. DocuSign has proven that it is one of the leaders in this market, and we are very excited to be jointly delivering the combined value to our mutual customers.” said Ashif Mawji, President and CEO of Upside Software Inc. He went on to add, “Upside has over 200 customers in every industry and virtually all countries and is one of the only profitable pure-play contract lifecycle management providers in the market, which is growing very fast as organizations understand the value of automating their contract compliance and governance. Adding the ability to e-sign a contract is a natural evolution.”

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 enterprise-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 trust DocuSign to help them achieve increased revenue and sales close rates, decreased costs, 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 Upside Software Inc.
Upside Software is the worldwide leader in Contract Lifecycle Management (CLM) solutions. Customers around the globe use UpsideContract and other integrated business solutions to confidently perform Contract Management, Sourcing & Procurement, and Invoice & Billing Management activities throughout their organizations. Upside Software’s products address the needs of Enterprise (e.g. Fortune 500, Global 2000), Public sector (Federal, State/Provincial, Municipal and Health Care), and Small & Medium Enterprise (SME) customers. Customers realize significant cost savings while improving customer and supplier relationships. Upside Software’s solutions are deployed in as little as 3 days and typically provide a full return-on-investment (ROI) in under a year. Founded in 2000, Upside Software is a profitable, growing company with an advanced, yet mature, and comprehensive product suite. The company has extensive experience delivering real value to customers of every size and in most industry verticals. Upside Software is headquartered in Edmonton, Alberta, Canada – for more information visit the company’s website at http://www.upsidesoft.com/