NASHUA, N.H.--(BUSINESS WIRE)--Beginning in 2015, RegDOX Solutions recognized that the efficiency and productivity gains realized by the online storage and collaboration of electronic documents and files were not reaching businesses using regulated electronic materials. In particular, a then-prevalent belief that export-controlled electronic materials should never be stored or exchanged in the cloud was leaving the trade compliance community and their clients stuck in an archaic past of paper documents storage, and couriers and mail services delivering regulated materials.
As experts in online document and files storage and collaboration, RegDOX knew this belief could be overcome and that is what it has done. Through an innovative development of security controls and features, such as real-time reports and alerts, tracking of platform and user activity, time and use limited document exchanges, and granular permissioning, RegDOX introduced an online data storage and collaboration tools that not just satisfies but enhances compliance.
RegDOX’s ground-breaking efforts were recognized over a year ago when on August 20, 2019 the US Patent & Trademark Office granted RegDOX its first patent for its secure system for online storage and collaboration of export-controlled electronic materials. Over the past two months, this recognition has been enhanced by three additional US patents, one issued in November and two more in December.
RegDOX’s family of patents and the favorable review and opinion by export regulators of its innovative solutions provides the trade compliance community with not merely assured compliance, but also a road map of necessary capabilities to achieve regulatory compliant handling of electronic materials. The very online solutions that the US Patent & Trademark Office found were innovative are those the community needs to satisfy such regulations as the State Department’s International Traffic in Arms Regulations (ITAR) and the Commerce Department’s Export Administration Regulations (EAR).
RegDOX however is not resting on its laurels. Just as security needs and the resulting regulations are always growing, so too, RegDOX’s efforts to ensure that its online solutions enhance compliance with regulations are continuing.
As William O’Brien, RegDOX’s COO and the named inventor on the four patents, has stated, “Our continued innovations in this area have led to the filling for an additional patent extending the scope of coverage from export-controlled electronic materials to all regulated electronic documents and files. RegDOX has brought its online services to the federal government’s regulations governing Controlled Unclassified Information (CUI). This new patent application and more to follow show that our innovations will be as dynamic as the security and collaboration needs of our customers.”