Sihanoukville, Cambodia -- (SBWIRE) -- 12/10/2009 -- WebPen is a web application that allows online documents or forms to be signed on websites, with a hand-written signature drawn using the mouse as a pen. A new version, 1.03, of WebPen incorporating security, ease of installation, and ease of use improvements was released this week. This should help WebPen's traditional approach to electronic signatures gain further ground in the ecommerce marketplace.

According to John Best, President of Toucanmultimedia, the maker of WebPen, "With the world going paperless, the use of online documents authenticated with electronic signatures is rapidly increasing. In addition to the ecological benefits of paperless online documents, there are important business advantages - the convenience of online documents signed electronically, avoids lost sales due to the delay and hassle required to print, sign and fax paper documents, and management of electronic documents costs a lot less."

Mr. Best mentions that the recording of an actual signature, created by WebPen, has several advantages for authenticating online documents over other electronic signature schemes, because it builds upon centuries of tradition and legal precedent, it is fast, easy, immediate, and universally understood.

The new version, WebPen v. 1.03, features easier installation, email notification of signings (optional), and security improvements.

If you would like to try your hand at writing your signature online, visit the free WebPen demonstration at http://www.toucanmultimedia.com.