Datawitness Wins Investor Choice Award at 20th Angel Forum
Oct 30th 2006
Richmond, British Columbia – October 30, 2006 – Datawitness’s combination of digital and analog technologies in a new line of records management, archiving and communications products caught the attention of investors attending the 20th Angel Forum in Vancouver, B.C. on October 24, 2006.
Datawitness Online Ltd. was voted by attending investors 2nd best company to become public out of thirty-six featured companies.
"The B.C. Angel Forum offered a venue for us to gauge the responses of seasoned investors to our technologies and business plan," said CEO Jag Gillan. "Winning the TSX Award is investor validation of our work in delivering products to a market hungry for ways to reduce paper and simplify records management."
About Datawitness Online Ltd.: Datawitness, located near Vancouver in British Columbia, Canada, provides online authentication and archiving solutions. Datawitness services enable businesses and governments to authenticate at source to mitigate future risk and liability. Datawitness also increases workflow efficiency by merging the immediacy of online document management, retrieval and viewing with offline microfilm archival integrity.
Developed with the assistance of the Eastman Kodak Company of Rochester, New York, Datawitness' web-based, patent-pending technology functions as a virtual notary service. Datawitness clients can authenticate and archive documents, and sign and send agreements and business documents for electronic signature via the Internet. The Datawitness system automatically timestamps, secures and stores in a database all digital documents or communications and preserves them in duplicate microfilm archives. The records are impervious to electronic attack and provide an irrefutable 3rd-party evidentiary audit trail.
The microfilm used for archiving is certified stable for 500 years by Kodak. The microfilm archiving process employed by Datawitness meets the requirements of the Canadian General Standards Board standard for Electronic Records as Documentary Evidence and maximizes the admissibility of archived records in court proceedings. Datawitness services are available to the public at www.datawitness.com or to registered customers of BC OnLine at https://www.bconline.gov.bc.ca
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