Chrysler Financial Deploys Interlink Electronics' eSignature Solution
End-of-lease documents are now esigned,
expediting remarketing process.
Camarillo, California, July 31, 2007 Interlink Electronics, Inc. (OTC:LINK.PK), a global leader in the design, development and manufacture of human interface products and technologies, announced today that Chrysler Financial has chosen its e-signature solution to assist the company's automotive lease turn-in process.
IntegriSign e-signature software and ePad-ink are used by Chrysler, Jeep and Dodge dealerships to esign Chrysler Financial lease termination documents. The new process will eliminate up to 25 days from the previous customer final billing paper-based process. Expediting this process also allows vehicles to be moved to dealer auction more quickly.
This is yet another example of industry-leading technology Chrysler Financial is supporting to help drive efficiency in the dealership, said Eckart Klumpp, Vice President Remarketing for Chrysler Financial.
According to Rod Vesling, Vice-President of Sales and Marketing with Interlink Electronics,the major players in the automobile industry have been early adopters of e-signature technology. The significant use of our IntegriSign and ePad solution has reduced the barrier to adoption within this segment of the financial industry. Dealers are familiar with our e-signature technology and understand the cost-saving benefits.
Interlink eSignature Technology
Chrysler Financial selected Interlink's ePad-ink, which comes bundled with the IntegriSign e-signature software. IntegriSign encrypts and permanently embeds the signature in the document along with other signature data such as date, time and system configuration. Although IntegriSign works out-of-the-box with Microsoft Word, Excel and Outlook as well as Adobe Acrobat, the SDK can be utilized to develop custom applications that meet an organization's particular needs.
The ePad-Ink is an LCD electronic signature capture device that provides interactive visual feedback and an ergonomic design for ease-of-use and true-to-life signature quality. Information such as name, time, date and affirmation text can be displayed for greater signing context. And the ePad-ink's ability to capture the biometric information associated with the individual's signature (X and Y coordinates, signing velocity and pressure) ensures the signature cannot be of repudiated.
About Interlink Electronics Inc.
Interlink Electronics, Inc. (OTC:LINK.PK) is a global leader in the design, development and manufacture of human inter-face products and technologies. Setting tomorrow's standards for electronic signature and e-notarization products, advanced remote controls and consumer electronics interface solutions, Interlink has established itself as one of the world's leading innovators of intuitive interface design. With more than 80 patents around the world protecting its technologies and products, Interlink Electronics serves a world-class customer-base from its corporate headquarters in Camarillo, California and offices in Japan, Taiwan, Hong Kong and China. http://www.interlinkelectronics.com.
For additional information, please contact:
Nathalie Benoit
Interlink Electronics, Inc.
Cell: 805-279-2750
For Investor Relations information, please contact:
Michelle Lockard
Interlink Electronics, Inc.
805-484-8855 ext. 114
All registrations and trademarks are properties of their respective owners. IntegriSign is a registered trademark of Interlink Electronics, Inc. This release contains forward-looking statements that involve a number of risks and uncertainties. The following are among the factors that could cause actual results to differ materially from the forward-looking statements: business conditions and growth in the electronics industry and general economies, both domestic and international; lower than expected customer orders; delays in receipt of orders or cancellation of orders; competitive factors, including increased competition, new product offerings by competitors and price pressures; the availability of third party parts and supplies at reasonable prices; changes in product mix; significant quarterly performance fluctuations due to the receipt of a significant portion of customer orders and product shipments in the last month of each quarter; problems or delays in reporting our results of operations to the public; and product shipment interruptions due to manufacturing problems. The forward-looking statements contained in this document regarding industry and review trends, industry product and technology acceptance, product mix and future business activities should be considered in light of these factors.