OBS' SharePoint-based records management product, i5, has been awarded VERS 1-5 compliance certification for electronic records management.

The VERS standard is an initiative of the Public Record Office of Victoria, and consists of five different specifications, for technical components required to create records as VEOs (VERS encapsulated objects) out of a current records management software system, into a format which can be referenced, exported and imported, and be sustainable over changes to software systems.

Originally issued in 1999, VERS was revised in 2003 to version 2.

i5 currently supports the SharePoint 2007 platform, and the company has announce plans to support the SharePoint 2010 platform in the future, which will enable greater use of SharePoint's new records management features (Term Sets, Records Centre, Document Sets) in addition to new workflow and reporting tools.