Nine Major Financial Institutions Poised To Use SIGNiX's Hosted E-Signature Service

PRESS RELEASE

CHATTANOOGA, Tenn., Aug. 5 /PRNewswire/ -- SIGNiX, a leading provider of secure, enterprise scale electronic signature technology, announced that nine of the fifty largest financial institutions in the United States are scheduled to begin utilizing their hosted e-signature service within a six week period in July and August. CEO Jay Jumper stated, "This period of rapid adoption of our technology by the major enterprises we target is a clear sign of the accelerating use of e-signatures and their particular interest in SIGNiX's capability of providing a highly secure environment for protecting the privacy of their customers' personal information. We are especially pleased that these leading financial services firms are continuing to invest in a technology which enables them to improve profitability by better serving their customers, closing more business and reducing the associated processing costs."

About SIGNiX;

SIGNiX, headquartered in Chattanooga, TN, offers a patented electronic signature solution that enables individuals to "sign" documents via the Internet, over the phone or face to face, helping to increase speed, accuracy and security over traditional, paper and ink-based signature processes. Users become "known customers" through a web or call center session so that documents requiring a signature can be legally executed online without the costs or delays of paper processing. SIGNiX's highly secure e-signature service, which requires no hardware installations or software downloads, enables companies to quickly obtain the necessary signatures to execute new contracts or authorize transactions - ultimately helping to turn more verbal commitments into legally-executed, revenue generating relationships. Visit www.signix.com or call 423-298-4438 for more information.