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Onstream - a home-based business in Wadestown - has sold it Trapeze™, a software tool designed to let users manage scanned documents on computer as if they were paper files.
Onstream marketing manager Janice Roth says the NSW deal is hopefully the first fruit of a larger push by the company into the lucrative American and Asian markets.
The company exports about two-thirds of its software, but the strongest market for the firm has traditionally been Britain. Trapeze™ has previously been bought by Britain's Land Registry and a large number of local councils in Britain.
Ms Roth says Onstream sees the best opportunities for sales in Asia and America, based on interest in document management systems.
This interest has been spurred by the development by Onstream of a redaction feature for the Trapeze™ product.
Redaction allows words in sensitive electronic documents to be "blacked out", leaving no trace, as if they were blacked out with a marker pen on a paper document. The partly-censored file can then be emailed as a PDF.
Business development manager Nigel Parry says there is a lot of interest in redaction as new legislation in the US and Britain means that from January 1, corporates will have to provide a wide range of information to anyone who requests it.
Similar to the Official Information Act for public records in New Zealand, Mr Parry says the legislation "is a result of the Enrons of this world".
A multitude of corporate scandals has led to law-makers demanding a more open corporate culture, Mr Parry says. However, companies have the right to delete "sensitive" information from supplied documents.
He says Onstream is the only company offering software which guarantees to leave no trace of the deleted information. The company will start shipping the feature in its software in early November, and already has a number of advance orders.
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