Huntsville, AL and Chicago, IL - January 10, 2008 - Cabinet NG, the preeminent automated document management and workflow solution for small enterprise businesses, and ProofSpace, developers of patented trusted-timestamping and data integrity risk management technologies, today announced an agreement to embed ProofSpace's patented ProofMark digital tamper-detection technology into Cabinet NG's flagship document management solution, CNG-SAFE. The ProofMark technology will be initially made available as an advanced authentication plug-in to CNG-SAFE, which consolidates all of a company's information into one organized and easy-to-use system. Targeted at Cabinet NG's financial industry customers, the ProofMark enhancement package will enable companies to better protect high-value documents and transaction records, and prove the authenticity of those records to regulators, auditors, clients and courts.
"Although most financial advisors don't know it yet, their inability to properly authenticate documents exposes them to substantial risks," said Joel P. Bruckenstein, Publisher of Virtual Office News. "The Cabinet NG/ProofSpace partnership represents the industry's first really turnkey document authentication solution."
"Of all our customers, the financial industry is perhaps the most targeted for litigation. The challenge of providing and proving a document's validity is a growing concern. A substantial investment of time and resources can go down the drain if the authenticity or pristine nature of a company's electronic records are called into question, and subsequently not admitted into evidence. Our clients need to be able to monitor the integrity of their electronic documents, detect unauthorized changes both inside and outside the organization, and provide proof of document authenticity to all comers. That's something the ProofSpace system does exceedingly well and by having this capability integrated with CNG-SAFE will help any business quickly produce indisputable documents," said Jon Clark, VP Sales of Cabinet NG.
"We're extremely excited about this new partnership with Cabinet NG," said Rick Summer, VP of Channel Sales of ProofSpace. "Cabinet NG's document management solution consistently distinguishes itself from the pack by bringing new technologies to market before their competition. We're proud to be able to help extend CNG-SAFE's market lead, and look forward to enabling thousands of Cabinet NG customers keep an eye on the authenticity of their digital records."
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