SOFTPRO: Founder Heinz Reschke returns as CEO

[BOEBLINGEN] - 2008-04-01: Softpro GmbH, the world's leading vendor of systems for capture and verification of handwritten signatures, today announced the appointment of Heinz Reschke, 60, as Chief Executive Officer (CEO). Reschke took over this key position at the company several weeks ago, receiving a very warm welcome of the Softpro team. In the meantime Reschke triggered a series of initiatives aimed at refocusing the company and providing enhanced customer experience as well as building on Softpro's legacy of innovation. Effective today the new management structure is in place.

"Reschke is the original architect of Softpro and the visionary behind the unique customer experience that is at the heart of this remarkable company's success," said Andreas Wigger, chairman of Softpro's Supervisory Board. "Given what the Board believes needs to be done, there is no better person to drive change and ensure that Softpro is positioned to innovate, execute and relentlessly focus the entire organization on the customer."

Heinz Reschke was CEO of the company for an astonishing 17 years until the end of 2000 where he retired to the board of directors. During his period, the Company enjoyed exceptional international growth and opened offices in the United States and Singapore. Today, Softpro has customers and partners all around the world. Long-time partners of Softpro characterize Reschke as a dedicated professional with a hands-on attitude that knows how to get things done.

Reschke founded the company almost 25 years ago in December 1983. It is therefore nowonder that Reschke is regarded as "the soul of Softpro". In the past seven years Reschke continued to be a major shareholder of the company however he concentrated on projects "he always wanted to do but never had the time for". Within those years he built a very extensive network in the financial community and had the chance "to see my company from the outside, get the customers' eye on things."

As chief executive officer, Reschke has retaken responsibility for the overall strategic direction of the company, with a predominant focus on everything that touches the customer. Reschke adds "One of my missions is to add value for our customers, partner and employees in putting a dedicated focus on sustainability, reliability and trustworthiness in our every day work."

"I am enthusiastic about returning to the role of chief executive officer for the long term and excited to lead Softpro to even greater heights of achievement on a global basis," Reschke said. "We are recommitting ourselves to what has made Softpro unique: providing best-in-class in fraud detection and prevention for paper based payments the banking industry as well as delivery trustworthy solutions for electronic signatures based on handwritten signatures. We are eager to earn the trust of our customers every day - by the way we conduct our business, how we treat each other as people and how we act as a responsible corporate citizen."

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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

e-Mail Joerg-M. Lenz