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DocMagic Purchases eSignSystems [Manufacturing Close - Up]
[October 21, 2014]

DocMagic Purchases eSignSystems [Manufacturing Close - Up]


(Manufacturing Close - Up Via Acquire Media NewsEdge) DocMagic has acquired eSignSystems from WAVE Systems Corp.

According to a release from the company, DocMagic will bring on the entire management team of eSignSystems, including co-founder and EVP of Sales and Marketing, Kelly Purcell, and SVP of Technology Solutions, Jonathan Kearns.

"The acquisition of eSignSystems by DocMagic is a marriage of extraordinary talented and visionary people with incredible SaaS and on-premise products and services," said Dominic Iannitti, President and CEO of DocMagic. "The management team at eSignSystems has done an exceptional job bringing innovative solutions to the forefront of e-mortgage adoption, and their contribution to the eMortgage revolution cannot be overstated. By combining the best of eSignSystems on-premise software with DocMagic's SaaS solutions, eSignature patent, compliance and enterprise infrastructure, there is no question that this acquisition was meant to be. Simply put, we are just better together." DocMagic said the acquisition adds to DocMagic's already suite of electronic products and services.



"We are elated about the DocMagic acquisition of eSignSystems," said Kelly Purcell, EVP of Sales and Marketing for eSignSystems. "Combining the in-depth industry experience of both DocMagic and eSignSystems gives our collective customers and partners business model choices with enterprise level expertise in both on-premise and SaaS electronic solutions. During the acquisition process, we experienced firsthand the commitment from DocMagic ensuring the success and prosperity of our customers through its continued support of innovative 'first-to-market' robust technologies, and excellence in customer service." eSignSystems is a provider of lifecycle management of electronically signed, legally binding documents, contracts and digital transactions.

DocMagic is a provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions for the mortgage industry.


More information and complete details: www.esignsystems.com www.docmagic.com ((Comments on this story may be sent to [email protected])) (c) 2014 ProQuest Information and Learning Company; All Rights Reserved.

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