December 19, 2007 08:01 ET

Factors Save Time & Money With RPost's Registered E-mail Service

Endorsed by International Factoring Association, RPost Provides Cost-Effective Method for Sending Electronic Notices to Clients and Debtors With Delivery Proof

LOS ANGELES, CA--(Marketwire - December 19, 2007) - RPost®, the leader in managed outbound messaging, today announced that the factoring industry is widely adopting RPost as the service platform for business-critical communications with clients and debtors. Today, more than 20 factoring companies rely on RPost, including AeroFund Financial Inc., Jhanira Capital and United Capital Funding Corp.

The International Factoring Association has endorsed RPost's Registered E-mail® messages as a viable method for factors to send important communications such as notices. RPost saves time and money over traditional paper-based communication methods factors typically used, including fax and certified mail, resulting in great efficiency. Using RPost's Registered E-mail services, all notices can now be sent, tracked and proven with the click of a button.

"RPost's Registered E-mail service receipts provide admissible evidence of Registered E-mail message delivery, official time sent and received, and authenticity of message content. By utilizing RPost services, we would also argue, not only is the e-mail admissible, but the authentication of its content and context may lend it greater credence than traditional receipted mail, courier, and fax alternatives," states Jon Neiditz, head of the information management practice of Locke Lord Bissell & Liddell. "This is significant not only in adding to the weight of the evidence in general, but because in addition to proving delivery of notices, factors must exercise 'control' over documents such as electronic chattel paper to ensure their enforceability under Article 9 of the Uniform Commercial Code. RPost's authentication techniques are likely to meet these 'control' requirements."

A specialized type of financing, factoring is the business of purchasing and collecting accounts receivables or of advancing cash on the basis of accounts receivables. One legal document for the industry is chattel paper, which shows both a debt and a security interest in specific goods, and parties secured under it must make sure any changes to the authoritative copy are readily identifiable as an authorized or unauthorized revision. Factors are required to send official transaction notices and maintain detailed delivery records to prove notices were sent and received. Most factors rely on fax, courier, and certified mail to send important communications, and they retain all relevant fax confirmation slips and mail receipts to prove delivery in case of dispute. The process is often frustrating, expensive, time-consuming and fraught with inefficiency.

"We needed a solution that could speed-up the process of transferring critical documents and more importantly protect us from debtors and clients who claim they didn't receive a notification requesting or receiving a payment," said J.W. Reed Jr., president and CEO of Jhanira Capital Funding. "RPost gives us legal proof of delivery of all notifications we send, so now we can spend less time on administrative tasks such as follow-up calls to ensure receipt and more time on mission critical business tasks."

RPost enables factors to leverage the efficiencies and cost-savings of e-mail for managing their business communications. Registered E-mail can be used when needed for an average cost of $0.59 per message, far less than overnight delivery or certified/registered snail mail, and works with any e-mail address.

Service Benefits -- Factoring the Time- and Cost-Savings of Registered E-mail services:

--  Ensures that notices are enforceable by meeting legal requirements for
--  Minimizes cost to a fraction of delivery services like
    courier/certified mail
--  Reduces sending time to the speed of e-mail
--  Eliminates the hassle of follow-up calls to confirm notice delivery
--  Gives factor the upper hand in any dispute involving notice content or
    delivery status
--  Increases responsiveness since the recipient is aware that factor has
    official proof of delivery
--  Simplifies record-keeping, as all delivery receipts are sorted
    automatically, stored electronically
"Factoring is an information-intensive industry that requires painstaking delivery and management of transaction notices associated with assignment and chattel paper, and until now hasn't been able to fully realize the efficiencies of e-mail," said Zafar Khan, CEO of RPost. "RPost provides a simple, inexpensive solution to the shortcomings inherent in standard e-mail because it proves the content of messages and their delivery to every Internet mail destination and provides verifiable evidence of the transaction in case of a dispute. A major convenience for factors is the pure simplicity of the service which does not require the e-mail recipient to sign up for the service or maintain additional user names and passwords."

About RPost

RPost® has set the global standard for Legal Proof™ for e-mail. RPost's patented services provide the sender with legally valid evidence of precisely what e-mail content and attachments were sent and received, by whom and when. RPost services include an integrated set of eContracting, e-signature, security and privacy/encryption tools. RPost has strategic business relationships with leading technology and service providers to provide RPost services to their existing clients, including: Pitney Bowes, Postini, Symantec, AT&T, Sprint, Qwest, Orange (FranceTel) and BTInfonet (BritishTel), among others.

Available in five languages, RPost's Registered E-mail® services are also used daily by the United States Government and have been endorsed and marketed by many of the influential bar associations in the United States. Headquartered in Los Angeles, RPost has offices in Washington D.C. and worldwide. For more information about RPost, please visit "Registered E-mail" is a registered trademark owned by RPost.