SIP Print Announces FSA-Compliant Call Recording Solutions for UK Financial Institutions

Tue Feb 3, 2009 2:00am EST

* Reuters is not responsible for the content in this press release.

Affordability, Scalability and Ease-of-Use are Among Key Benefits to UK Firms
Employing IP-Based Phone Systems
MIAMI, Fla.--(Business Wire)--
SIP Print (www.sipprint.com) creators of the first and only truly affordable
SIP-based VoIP call recording platform, today announced the availability of its
award-winning voice recording appliances for the UK financial services market.
SIP Print`s systems are fully compliant with the new call recording mandate set
forth by the Financial Services Authority (FSA), including a future requirement
to record calls originating from mobile phones. This marks the preliminary entry
into the UK market for SIP Print. 

According to the FSA policy statement, effective March 6, 2009, all UK financial
institutions must record and archive all telephone conversations and electronic
communications relating to client transactions for a period of no less than six
months. The new regulations apply to any UK firms participating in the equity,
bond and derivatives markets. The FSA has applied an 18-month exemption for the
recording of voice conversations from mobile phones and other handheld devices. 

"The need to record calls continues to increase, driven both by internal quality
assurance programs and by regulatory compliance requirements," said Don Palmer,
CEO, SIP Print. "In the United States, the Communications Assistance for Law
Enforcement Act (CALEA) and Sarbanes-Oxley legislation have dictated the
recording of certain phone calls by some businesses, and many other firms choose
to record calls for internal compliance purposes or for training and customer
services needs. The new FSA regulations for the UK financial services community
are yet another example of the trend towards increased regulatory oversight and
improved corporate security and protection." 

As organizations worldwide accelerate their acceptance and adoption of IP-based
communications systems, SIP Print has emerged as a leading provider of
affordable on-premise systems to record and store calls on these Voice-over-IP
(VoIP) systems. SIP Print`s award-winning voice recording systems are compatible
with mainstream VoIP phone systems and hybrid systems including Allworx,
Aastralink, Altigen, Avaya IP Office, Avaya Distributed Office, Cisco, Epygi,
Fonality, Grandstream, Mitel, NEC 8100, NEC 8300, Nortel, ShoreTel, Toshiba,
Zultys and 3Com. 

SIP Print`s feature rich appliances offer: a web-based GUI, call playback on
regular media players, extension and name lookup, caller ID, search by area code
and prefix, fast forward, rewind, time and date stamping, archive control, audit
trail, remote access, and email-ready call file formats. While the FSA
regulations provide a temporary exemption for recording mobile phone
conversations, SIP Print`s patent-pending platform seamlessly supports the
recording of mobile phone calls today, along with advanced functions such as
voicemail or "follow-me" calls on mobile phones or other off-premise phone
numbers. 

Financial services providers utilizing VoIP phone systems are encouraged to
contact SIP Print for details about evaluating SIP Print`s award-winning call
recording solutions. Resellers and distributors in interested in joining SIP
Print`s Partner Program are also invited to contact the company at
http://sipprint.com/contact.php or via email at sales@sipprint.com. 

About SIP Print

SIP Print is redefining VoIP call recording with the industry`s first and only
affordable systems tailored to small and medium-sized businesses with up to 200
seats per location. SIP Print appliances offer; easy installation, simple
maintenance and operation, and scalability to support the expansion of
high-growth SMBs. SIP Print is compatible and easily integrated with the
industry`s leading pure SIP-based communications systems and supports leading
hybrid VoIP systems as well. The company`s affordable, one-of-a-kind SIP call
recording systems are SIP 2.0-compliant and CALEA-compliant, and are available
through distributors, resellers and OEMs worldwide. To discover the power and
simplicity of SIP Print please visit: www.sipprint.com. 





Skyya Communications (for SIP Print)
Susan Donahue, +1 646-454-9378
susan.donahue@skyya.com

Copyright Business Wire 2009

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