[STUTTGART] - April 4, 2005: As part of her trip to Europe Governor Ruth Ann Minner of the US State of Delaware met the Top Executives of Softpro Group in Stuttgart. Governor Minner sees Softpro's success story as a perfect proof that Delaware offers an ideal business location for innovative European companies. Softpro founded its US-subsidiary in 1999 and grew its business there from two to 20 people. The US market is regarded as the most promising one for the future expansion of Softpro. Within the last years Jeff Bottari, President of Softpro North America, managed to add several major US banks to Softpro's impressive customer list.
Governor Minner started her day in Stuttgart inviting Softpro's top executive for a Business Breakfast. Softpro is regarded as one of the gems of the IT companies in the German "Silicon Valley" in Boeblingen - a few kilometers south of Stuttgart. The highly specialized company is the leading provider of signature verification and check fraud solutions, world-wide. Softpro develops software for the capture and verification of handwritten signatures and transforms this technology into solutions for security, authentication and paper elimination in documents and processes across a wide range of industries. Softpro currently employs 60 people to serve over 250 customers in banking, insurance and healthcare from its offices in Germany, USA, United Kingdom and Singapore.
John Ashworth, Chairman of Softpro Group confirmed the willingness to expand its operation in the US. Frank Fuchs, Managing Director of Softpro Group, stated that success in the US also offers the opportunity to create new highly qualified jobs in the Boeblingen based company as well and proves the win-win potential of the transatlantic partnership.
Delaware's Governor Minner also met the Minister of Economics of Baden-Wurttemberg, Ernst Pfister. They discussed the options to assist high tech companies in each others markets more effectively. The US is one of the most important trade and technology partners especially for the German state of Baden-Wuerttemberg. Governor Minner later visited DaimlerChrysler to discuss future projects at the Newark plant with officials.
About SOFTPRO
The SOFTPRO GmbH is a world leader in developing and marketing products and solutions for digital capture, management and verification of handwritten signatures.
The fastest growing line of business are solutions for E-Signing - in particular biometric signatures. SOFTPRO is offering E-Signing software - from the SDK (SignWare) via desktop clients (SignDoc) to a complete platform for Web-based signing (SignDoc Web). The products support a wide range of devices for signature capturing - from basic pen pads up to Tablet PCs. This can lower your costs, accelerate business processes, eliminate errors and protect documents against manipulation. E-Signing with SOFTPRO is environmentally friendly and thus supports Green IT initiatives and Corporate Social responsibility programs.
The second major division of SOFTPRO is the detection of fraud through automated comparison of signatures. This comparison is primarily used for checks. SOFTPRO’s Automatic Signature Verification is also used to secure the postal ballot (e.g. in the United States and the United Kingdom). Additional fraud analysis tools may be added to the verification process. The results of these complex tests are analyzed, weighted and presented as a holistic risk assessment.
SOFTPRO solutions are currently used in 31 countries on five continents. Ten of the world's 25 largest banks are SOFTPRO customers, as well as insurance, retail and telecommunications companies, public administration, the energy and the health sector.
The parent company of the SOFTPRO group is the SOFTPRO GmbH founded 1983 in Boeblingen near Stuttgart. Four subsidiaries are based in the United States, in the United Kingdom, in India and in Singapore. Additional representations operate in Brazil and Lebanon. The group currently employs around sixty people. SOFTPRO's software is developed "made in Germany".
Please contact us for additional information:
SOFTPRO GmbH
Wilhelmstrasse 34
71034 Boeblingen
Germany
Phone: +49 7031 6606 0
Fax: +49 7031 6606 66
Joerg-M. Lenz
Manager PR
|
|
