December 13, 2007

DocuSign Hires Grant Peterson as Vice President of Engineering

 

Technology veteran brings vast experience in Web-based technologies to leader in eSignature market

SEATTLE, WA (December 13, 2007) – DocuSign, the leading Web-based electronic signature service, today announced that it has hired Grant Peterson to serve as its new Vice President of Engineering and Technical Operations.

Peterson brings over 22 years of product development experience to DocuSign. For the past seven years he served as Vice President of Product Development at LexisNexis. In that role, he was responsible for product development of LexisNexis’ litigation solutions, leading its electronic discovery, court eFiling, electronic court record retrieval and case assessment. Peterson’s role in helping to create the court eFiling and court record retrieval markets for LexisNexis was substantial. The products for which Peterson was responsible delivered sales of $6 million in 2000, growing to $145 million in 2007.

Before joining LexisNexis, Peterson held the position of Director of Development at Primus Knowledge Solutions, Inc., a leading supplier of eService Internet support resolution applications. Earlier in his career, Peterson also held development positions at Halliburton Geophysical Services and Sierra Geophysics, Inc., and has been an instructor at Bellevue Community College.

“DocuSign is a company whose superior eSignature technology is revolutionizing the way documents and contracts are signed and executed,” said Peterson. “Our software as a service (SaaS) model is helping companies significantly improve their business processes, enabling customers to generate revenue much, much faster than they can with pen and paper. As a result, DocuSign has a lot of momentum in a market that is growing rapidly. I am excited to lead our engineering and technical operations teams and drive the delivery of the products and services customers want and need to fully leverage electronic signatures across their organizations.”

As an enterprise class, web-based service, DocuSign delivers fast, secure and legally enforceable electronic signatures for contracts and many other business-critical documents. DocuSign’s electronic signature functionality integrates into customer business processes to significantly improve results. As examples, sales close rates can quadruple, time to sign and complete documents decreases over 95 percent, and productivity grows significantly using the same number of staff.

“DocuSign has established itself as the leader in electronic signatures and Grant is joining us at a great time,” said Matthew J. Schiltz, CEO and President, DocuSign. “His extensive engineering management expertise will further enable us to deliver a best-in-class enterprise class services. Every day businesses both large and small are learning firsthand the positive impact that DocuSign’s eSignature service offers. Grant’s proven leadership will help DocuSign further accelerate the adoption and use of electronic signatures.”

Peterson holds an eMBA from Stanford.

About DocuSign
DocuSign offers a Web-based electronic signature service that provides the simplicity, speed and security required to electronically 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.