April 19, 2017

eOriginal Names Brian Madocks Chief Executive Officer

New CEO Brings Experience to Support Growth of Digital Transaction Management Leader;
Bisbee Announced as President

BALTIMORE – April 19, 2017 – eOriginal, Inc., the digital transaction expert, is pleased to announce that Brian Madocks has been named chief executive officer of the Baltimore-based software company. eOriginal is experiencing hyper-growth and recently completed a funding cycle led by LLR Partners to support market demand, expand its product offerings, accelerate hiring and invest in customer services.

Madocks joins the team with more than 25 years’ experience in business technology and application software solutions. Over his career, he has served as CEO of Revitas, Inc., Vitalyst, Inc. and SunGard Higher Education, as well as senior vice president and general manager of SAP America. Each of these companies grew significantly under Madocks’ leadership and resulted in successful outcomes for customers, partners, employees and shareholders. Madocks will report to eOriginal’s board of directors.

“Market readiness, the investment from LLR and the support of our customers and partners are pulling us forward. Brian’s knowledge and experience in leading companies through rapid expansions will enable eOriginal to reach its full potential,” stated Stephen Bisbee, co-founder of eOriginal. “This change in leadership will fuel eOriginal’s growth and accelerate our ability to provide excellent products and services to our customers.” Bisbee will continue with eOriginal in the role of president.

“eOriginal is uniquely positioned as the leading provider in the rapidly expanding digital transaction management marketplace,” said Madocks. “The company has a well-earned reputation as the industry thought leader and the most trusted provider of digital asset management solutions to financial services. I am excited to join eOriginal and look forward to working with Steve and the team to expand our offerings, capabilities and investment in our people, products, customers and partners.”

“We are pleased to welcome Brian to eOriginal as we continue to scale the enterprise to meet the demands of being the leading digital financial services platform,” said Gary Wood, PhD, executive chairman of eOriginal. “Brian’s presence enables Steve Bisbee, a true thought leader in digital transaction management, to focus on the company’s efforts in new vertical markets, product evolution, digital mortgage, expansion of intellectual property and enables him to work with customers to accelerate their move to fully digital processes.”

Through its eAsset® Management platform, eOriginal provides the maintenance, control and use of critical documents that have an intrinsic value, such as loan and lease agreements. It maintains and protects these assets in a fully digital environment throughout their entire lifecycle, including post-signature execution that ultimately results in verification, collateralization, securitization or pledging in the secondary markets.

By maintaining the authenticity of original documents, the identity of the signatories and the integrity of the content, eOriginal enables customers to realize the true benefits of completed digital transaction management and the resulting business-process improvements. As a result, lenders can respond quickly to auditors and regulators with a new level of transparency, in real time and across various document types over the entire chain of custody.

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About eOriginal, Inc.

Founded in 1996, eOriginal is the trusted expert in digital transaction management solutions, specializing in the post-execution management of financial asset documentation. eOriginal SmartSign® and eAsset® Management Services enable an end-to-end solution for fully electronic transactions that must be managed with the highest levels of security and compliance throughout their lifecycle. By treating every transaction as having assets that must be verifiably secure, legally compliant and enforceable, eOriginal provides its customers and partners with eCertainty®. For more information, please visit http://www.eoriginal.com. eOriginal®, eAsset®, eOriginal SmartSign® and eCertainty® are trademarks of eOriginal, Inc. and are registered in the United States or in other jurisdictions.

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