ModuSign Wins 4 Procurement Privileges as PPS Excellent Product

## Modusign Achieves Public Procurement 'Grand Slam'! 'Modusign for Public Use' Designated as an Excellent Product by the Public Procurement Service – A Great Achievement Modusign's SaaS solution exclusively for public institutions, 'Modusign for Public Use', successfully passed the first Public Procurement Service's excellent product designation review for 2025, achieving the feat of being officially designated an excellent product. With this, Modusign has achieved a 'Grand Slam' by securing all four key special provisions for entering the public procurement market: 'priority purchase product', 'pilot purchase product', 'digital service mall catalog contract', and now 'excellent product designation'. This signifies that a solid foundation has been laid for public institutions to adopt more trusted and efficient electronic signature systems. The Public Procurement Service's excellent product system is a key gateway that helps products from small and medium-sized enterprises (SMEs) and venture companies with outstanding technology and quality to grow in the public market. Products selected through strict evaluation are granted the status of excellent procurement items for up to 6 years (initial 3 years, with an additional 3 years through extension review), and are provided with strong market support such as direct contracts, third-party unit price contracts, lump-sum contracts, as well as recommendations for priority purchase, and exhibition/promotion support. This designation of Modusign for Public Use is even more significant as it officially recognizes its outstanding technology and stability. So, what strengths propelled 'Modusign for Public Use' to the ranks of excellent products? First, based on a robust security system compliant with CSAP standard grade, it fully adheres to the Electronic Signature Act and Electronic Document Act, satisfying the information security requirements of public institutions. Furthermore, various specialized features optimized for public administration, such as IP/domain access control, enhanced identity verification, bulk transmission, and link signatures, were highly praised. In particular, its flexible interoperability using REST API enables fast and efficient customized digital transformation tailored to various existing system environments of public institutions, including electronic approval, ERP, HR, financial systems, and websites. Lee Young-jun, CEO of Modusign, emphasized that this excellent product designation has laid the foundation for public institutions to adopt electronic signatures and electronic contracts more quickly and securely. He stated his ambition, saying, "Modusign will continue to actively contribute to enhancing digital competitiveness in the public sector and lead the way in realizing transparent and efficient public administration." Currently, Modusign leads the cloud-based and API-based electronic signature market, securing 320,000 corporate and institutional customers. Its technological prowess and stability have already been proven through references from major public institutions such as Seoul Metropolitan Government, Gyeongsangnam-do Office of Education, Gangwon Special Self-Governing Province Office, Korea Credit Guarantee Fund, and Korea Real Estate Board, as well as leading private companies like Samsung Electronics and SK Chemicals. With this designation as an excellent product by the Public Procurement Service, Modusign for Public Use is expected to further solidify its position in the public market and establish itself as a key partner in accelerating the digital transformation of public institutions in South Korea.