Press & News
March 2, 2005
AuthentiDate Chosen As Strategic Partner for the New ISKV System
Schenectady, NY/Düsseldorf, Essen, - AuthentiDate International AG, a subsidiary of AuthentiDate Holding Corp., (NASDAQ: ADAT) announced today that ISKV, the leading software and system house for German statutory health insurance companies, has agreed to integrate AuthentiDate's signature solution into the latest generation of its integrated solution for statutory health insurance companies with its "iskv_21c" system.
The new version of ISKV's solution includes a core system and optional specialized solutions that will be made available through ISKV's strategic partners.
Financial terms of the collaboration were not released.
However, AuthentiDate stated it will generate revenue from license and per transaction fees. ISKV customers include approximately 240 health insurance companies, representing 90% of the statutory health insurance companies in German with more than 20 million policy holders. Over 30,000 users work with the ISKV software at the German statutory health insurance companies and will be able to access the new integrated solution.
All of the users of "iskv_21c" will be able to simply and quickly use AuthentiDate's signature solutions in scanning processes, electronic archiving, workflow and e-mail communication. For example, customers that use AuthentiDate's signature solutions with the "iskv_21c" software can develop electronic approval procedures, satisfy the German regulatory conditions for scanning of documents and electronically send, receive and archive data in a legally sound way.
The AuthentiDate products can be used to generate or check personal signatures and/or time stamps in accordance with the German Signature Act. The AuthentiDate signature products are designed to enable the user to individually combine the signature products and easily link them through the predefined "iskv_21c" interfaces.
"With AuthentiDate, we were able to get a partner from which we will obtain signature products for various business processes from one source. Furthermore, the AuthentiDate solutions fit into the core system in an optimal way and have already proven themselves in practice with absolute success among a multitude of our customers via the outline agreements that already exist between AuthentiDate and ISKV," explains Frank Krause, Managing Director of ISKV.
Jan C. Wendenburg, Chief Executive Officer, AuthentiDate International AG, adds, "We are very pleased that we were able to gain the trust of ISKV and that we were selected to be a strategic partner for the new integrated solution. All of the users of the new "iskv_21c" system will be able to use electronic signatures to simplify their processes and reduce their costs in the future."
About AuthentiDate International AG
AuthentiDate (www.authentidate.de), Düsseldorf, develops and sells open-supplier business-process solutions that make a simple and quick integration of digital signatures and time stamps into existing corporate processes possible for the first time. These solutions, which can be used for almost any area such as billing, workflow, archiving, scanning and e-mail communication, for instance, reduce costs and optimize process sequences.
Renowned companies in different industrial sectors have trusted AuthentiDate signature solutions for years on a national and international basis to model legally binding, electronic business processes in accordance with the legal stipulations.
Professional signature solutions are available as products and web services in a modular system through AuthentiDate for the first time and can therefore be used independently or in combination with other solutions. A number of software providers have already integrated the signature products of AuthentiDate as a standard function today. Any company can therefore make use of the benefits of automatic signature processes today.
In addition, AuthentiDate offers certified trust center services in accordance with the German Signature Act and the EU Signature Directive through AuthentiDate International AG. AuthentiDate International AG was accredited by the Regulatory Agency for Telecommunications and Postal Affairs in November of 2001 and operates a trust center especially for time stamp services.
On an international basis, the AuthentiDate Group is also represented in the USA and is the sole supplier today of United States Postal Service Electronic Postmark (USPS EPM), a unique service for secure electronic communication in the USA. AuthentiDate Holding Corp, Inc. (New York) is listed on the NASDAQ (ADAT) and in German over-the-counter market (Security Identification Code 893715).
About AuthentiDate Holding Corp.
AuthentiDate Holding Corp. (AHC) is a worldwide provider of content authentication technology, a growing sector of the security software market. The Company provides secure document management solutions, enterprise network security products and services, and enterprise workflow management solutions that incorporate its proprietary authentication technology. AuthentiDate's offerings include the United States Postal Service Electronic Postmark Service (USPS EPM), electronic signing solutions, electronic forms processing solutions, document imaging software, and professional services related to the above.
About ISKV
ISKV was founded in 1994 as a GmbH, a limited liability company, with headquarters in Essen and currently employs around 300 people. The annual sales volume was 34.7 million euros in the year 2004. The company is a merger of several types of insurance organizations and is based on the regulations of § 219 SGB V [Code of Social Law, Book 5]. The goal of the company is to develop, provide and support information systems in the area of statutory health insurance and to further develop them. The information systems are developed in close coordination with the customers via work groups and test groups - made up of employees from the participating types of insurance organizations.
Contact:
AuthentiDate International AG
Grossenbaumer Weg 6
40472 Düsseldorf
Germany
Phone +49 (0)211 - 43 69 89 0
Fax +49 (0)211 - 43 69 89 19
Judith Balfanz, VP Marketing
Email presse(at)authentidate.de
Web www.authentidate.de
ISKV
Bismarckstraße 36
45128 Essen
Germany
Phone +49 (201) 1094 132
Fax +49 (201) 1094 464
Dirk Wagner, Bereichsleiter ISKV PLUS
Email wagner(at)iskv.de
Web www.iskv.de
