Process Automation Solution Aids Streamlined Document Verification and Reduces State Dependency on Paper Records COSTA MESA, Calif. and MCLEAN, Va., Sept. 5 /PRNewswire-FirstCall/ -- FileNet Corporation (NASDAQ:FILE), the leading provider of Enterprise Content and Business Process Management solutions, and BearingPoint, Inc. (NYSE:BE), one of the world's largest management and technology consulting firms, today announced the establishment of a teaming relationship for the delivery of a new process automation and records management solution. The solution is designed to assist state Departments of Motor Vehicles (DMVs) in complying with the Real ID Act of 2005. (Logo: http://www.newscom.com/cgi-bin/prnh/20000207/FILENETLOGO ) Leveraging expertise both firms have gained working with DMVs and other state agencies across the U.S., the solution offers DMVs the ability to take advantage of leading practices that can be scaled to meet their unique requirements and starting points. The FileNet/BearingPoint solution enables DMVs to automate the entire document validation process. The solution assists DMVs in performing legally-mandated information gathering and authentication activities, including record storage and declaration as dictated by Real ID Act and applicable state law provisions. Further, the solution helps to substantially reduce the need to retain paper documents by validating and storing all documents electronically -- providing DMVs with improved disaster recovery capabilities. Signed into law in May 2005, the Real ID Act and its subsequent implementing regulations mandate certain uniform criteria for the content and issuance of state identification cards, including driver's licenses. In doing so, the Act establishes a federal standard for driver's licenses throughout the United States. The Real ID Act calls for states to normalize processes for collection and storage of cardholder data, as well as standardize driver's license and identification document security standards by May 2008. Additionally, states must support inter-state information sharing and integration with federal systems. Beyond assisting with regulatory compliance, the solution offers state DMVs the ability to achieve improved operational efficiencies. With integrated information management features that offer rapid document retrieval, DMVs can reduce the time required to process ID card applications and respond to other customer inquiries. "As state DMVs look toward meeting the 2008 deadline for compliance with the Real ID Act, FileNet and BearingPoint are committed to continuing our ongoing support, providing them with an enhanced solution to meet current and future enterprise content and business process management requirements," said Martyn Christian, chief marketing officer of FileNet. "We are pleased to continue and expand our long-standing relationship with BearingPoint to offer this new, essential solution." "The FileNet/BearingPoint solution for Real ID Act compliance illustrates our collaborative and continued dedication to the public sector," said Gary Miglicco, Vice President of BearingPoint's national Motor Vehicle Solutions practice. "We are committed to working with DMVs as they continue to embrace technology to improve operations." Bolstering its ability to help state governments with Real ID Act compliance, BearingPoint has nearly a decade of experience in security and identity management solution programs, including helping to develop secure identity card programs and applications for the U.S. Department of Defense, Department of Homeland Security, General Services Administration, Maritime Administration (or Department of Transportation), and Department of State. BearingPoint also currently serves a dozen state motor vehicle departments nationwide, providing numerous services. About FileNet FileNet Corp. offers enterprise software and services that help customers make better decisions, faster. A leader and innovator in Enterprise Content Management (ECM), Business Process Management (BPM) and Compliance solutions, FileNet simplifies critical and everyday decision-making processes, giving organizations a competitive advantage. Since the company's founding in 1982, more than 4,300 organizations -- including more than three quarters of the FORTUNE 100 -- have taken advantage of FileNet solutions for help in managing their mission-critical content and processes. For more information about FileNet and the solutions it supplies governments worldwide, visit http://www.filenet.com/English/Industry_Solutions/Government/. About BearingPoint, Inc. BearingPoint, Inc. (NYSE:BE) is one of the world's largest providers of management and technology consulting services to Global 2000 companies and government organizations in 60 countries worldwide. Based in McLean, Va., the firm has approximately 17,500 employees, and major practice areas focusing on the Public Services, Financial Services and Commercial Services markets. For nearly 100 years, BearingPoint professionals have built a reputation for knowing what it takes to help clients achieve their goals, and working closely with them to get the job done. For more information, visit the Company's website at http://www.bearingpoint.com/. Media Contacts: Carol Thornton FileNet Corporation Phone: 714-327-3746 Email: Steve Lunceford BearingPoint Phone: 703-747-4545 Email: Hillary Berman O'Keeffe & Company Phone: 301-961-8705 Email: http://www.newscom.com/cgi-bin/prnh/20000207/FILENETLOGO http://photoarchive.ap.org/ DATASOURCE: FileNet Corporation CONTACT: Carol Thornton of FileNet Corporation, +1-714-327-3746, ; or Steve Lunceford of BearingPoint, +1-703-747-4545, ; or Hillary Berman of O'Keeffe & Company, +1-301-961-8705, , for FileNet Corporation Web site: http://www.filenet.com/English/Industry_Solutions/Government Web site: http://www.bearingpoint.com/ Web site: http://www.filenet.com/

Copyright

Filenet (NASDAQ:FILE)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Filenet Charts.
Filenet (NASDAQ:FILE)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Filenet Charts.