Questrade banks on Recombo interactive agreement technology



    Online Brokerage Introduces WAYPOINT Digital Signatures and Interactive
    Forms to Streamline Account Opening Procedures

    VANCOUVER, July 8 /CNW/ - Recombo Inc., Canada's leading provider of
secure interactive agreement technology, today announced a business
partnership with Canada's fastest-growing online broker, Questrade, to fully
integrate proprietary interactive agreement and digital signature technology
into Questrade's online account-opening process.
    Recombo's WAYPOINT technology will automate account opening procedures
for new Questrade clients, allowing users to instantly populate e-forms,
validate information and sign with legally binding digital signatures. The
inclusion of WAYPOINT will eliminate the need for paperwork and provide
immediate authentication. This will allow for faster processing and quicker
access to online trading.
    "Market trading is all about timing, and WAYPOINT is simplifying
Questrade's account-opening process," said Mike Gardner, Recombo CEO.
"WAYPOINT can eliminate the tiresome and lengthy process of opening an account
on paper. Questrade clients can now bypass manual information updating and
waiting for ID verification, and can instead get right into the meat of the
matter - making trades. We are delighted to partner with Questrade and provide
a secure, legal and efficient method of opening new trading accounts."
    "Integrating Recombo's technology into our account opening application
fits perfectly with Questrade's mandate to provide Canadians with the best
tools possible to achieve financial independence," said Edward Kholodenko,
President and CEO of Questrade. "Time is money, and Recombo is helping our
investors gain quicker access to our trading software. We're very excited
about the tremendous benefits we - and our customers - expect to see from this
partnership."
    WAYPOINT is an online service that lets businesses complete any contract
or agreement through email and internet, and includes embedded Equifax
eIDverifier technology that quickly validates identities online. WAYPOINT not
only simplifies the account opening process for new Questrade clients, it also
provides a complete compliance solution for the Proceeds of Crime Money
Laundering and Terrorist Financing Act (PCMLTFA) and meets Anti Money
Laundering screening requirements.

    About Recombo Inc.
    ------------------

    More companies in both Canada and the U.S. are embracing interactive
agreement technology as one of the most cost-effective means of simplifying
and safeguarding day-to-day business processes. From Financial Services to HR,
companies that deal with contracts and agreements as a core part of their
businesses have fully integrated secure electronic agreement technology into
their practices, fulfilling legally binding services at significantly reduced
administrative costs.
    Recombo Inc. is a leading provider of interactive agreement and digital
signature software. Recombo WAYPOINT(TM) is an online service that lets
businesses complete any contract or agreement through email and the internet.
Enterprises using Recombo WAYPOINT(TM) are more effective, more efficient and
reduce costs without investing in IT infrastructure. For more information,
please visit http://www.recombo.com

    About Questrade.
    ----------------

    Questrade Inc., headquartered in Toronto, provides Canadians with
high-speed, direct access trading in the U.S. and Canadian stock and options
markets as well as forex trading. Since its inception in 1999, the company has
grown and diversified: Questrade client services specialists speak 13
languages including English, French, Mandarin, Cantonese, Spanish, Russian,
and Hebrew. The company continues to demonstrate its competitive leadership
with a combination of outstanding service, advanced technology and competitive
pricing structures.





For further information:

For further information: on Recombo Inc., please contact: Tonisha
Robinson, Environics Communications, (416) 969-2759,
trobinson@environicspr.com; For more information about Questrade Inc., please
contact: Lynn Suderman, Communications Manager, (416) 227-9876 x371,
lsuderman@questrade.com

Organization Profile

RECOMBO INC.

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