News

VaultStreet, Acct1st Partner to Add Secure, Paperless Financial Records Capture and Management to CPA Client Portals

Web-based System Simplifies Collection, Authentication and Management of Financial e-Documents

SANTA MONICA, Calif.-- June 10, 2008 (BUSINESS WIRE)--VaultStreet, a service that provides a secure online repository for financial documents from banks, brokerages, utilities and other institutions, has partnered with Acct1st, a provider of paperless solutions to CPA firms. Acct1st will integrate VaultStreet’s document collection, organization and authentication services into its CPA client portal application to greatly expand and automate the portal’s records exchange capabilities.

Acct1st will offer VaultStreet to its accounting firm clients as a value-added service to its existing CPA client portal to automatically collect, organize, manage and store client tax records and financial documents online.

“Partnering with VaultStreet complements Acct1st’s mission to provide our CPA firm clients with relevant paperless tools to increase productivity and add value to their clients. We believe that CPA firms will experience greater client portal utilization and increased branding,” said Andrew Hatfield, Acct1st CEO. “Our accounting firm clients were looking for ways to encourage their clients to exchange documents with them electronically. With VaultStreet’s technology, CPA firms’ clients are encouraged to become paperless in a manner that benefits them as well as the CPA firm.”

“We are pleased Acct1st has chosen VaultStreet to enhance its paperless CPA client portal,” said Carter Kirkwood, founder and CEO, VaultStreet. “VaultStreet makes it easy to automatically and securely collect and organize paperless financial documents from multiple institutions - and share them with their financial providers. For Acct1st's CPA customers, this means adding functionality to the existing CPA firm client portal that will allow CPAs, and their clients, to reduce their dependence on paper tax records and documents.”

Companies interested in partnering with VaultStreet should contact Paul Hutchins, vice president of business development, phutchins@vaultstreet.com. Consumers interested in a free 30-day trial subscription to VaultStreet should visit www.acct1st.com.

About VaultStreet


VaultStreet’s online financial record keeping service streamlines personal financial record storage for consumers. VaultStreet includes automated document collection, authentication of document originality, centralized records retention, and the ability to forward documents to trusted advisors. VaultStreet’s design limits risk with extensive encryption, security and authentication. VaultStreet supports document collection from leading financial institutions in North America. A service of Docuthentic, LLC, VaultStreet has offices in Los Angeles, San Francisco and Dallas. For more information visit www.vaultstreet.com.

About Acct1st

A multi-solution paperless technology firm, Acct1st is committed to providing CPA firms with state-of-the-art, value-priced, paperless applications that increase productivity and enhance customer service. Acct1st offers a complete suite of paperless applications for accounting firms. Acct1st’s Document Management System has garnered the highest ratings in independent industry reviews. Acct1st’s client portal, PDF annotation tool and other paperless productivity applications are available as integrated or stand-alone solutions. For more information visit www.acct1st.com.

Contact
Adam Zand
Topaz Partners
781-404-2406
VaultStreet@topazpartners.com

Bruce Kin Huie
CMO
Docuthentic, LLC
415-308-5438
bhuie@vaultstreet.com

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