Disclaimer · 3-Way Comparison

Exclaimer, CodeTwo and Conbool compared.

Exclaimer and CodeTwo are established email signature vendors, Exclaimer headquartered in the United Kingdom, CodeTwo based in Poland. Conbool is an email security suite from Hamburg in which Disclaimer is one of nine modules. All three offer data centres in Germany. This page compares publicly verifiable points, as of September 2026.

In three sentences

Three vendors, three profiles.

Exclaimer specialises in email signatures, with campaigns, analytics and integrations with Salesforce and HubSpot. Besides signatures for Microsoft 365 and Exchange Server, CodeTwo offers a Microsoft 365 backup and migration tools. Conbool is an email security suite with nine modules: MailGuard, SecureMail, SecureFiles, Disclaimer, DMARC Reports, Archive, Continuity, 365 Backup and Awareness, in one console with Conbool GmbH as contracting party.

The five most common questions in a direct 3-way comparison.

Every statement about Exclaimer and CodeTwo relies on a public source retrieved in September 2026. Every statement about Conbool can be checked in a demo.

Where is my data hosted?

Conbool Disclaimer

Servers in Frankfurt am Main, data held in the EU. The contracting party is Conbool GmbH, based in Hamburg, and a data processing agreement under Art. 28 GDPR is part of the contract. Alternatively, Conbool runs as an installation in your own data centre.

Exclaimer

Exclaimer runs its service in Azure data centres across several regions, including Germany West Central and Germany North for customers in Germany and West Europe and North Europe for the rest of the EU. It is headquartered in the United Kingdom.

Source: exclaimer.com, Email Signature Handbook on security and operations, and the press release on data centres in Germany, retrieved September 2026.

CodeTwo

CodeTwo runs the signature service on Microsoft Azure across nine regions, including Germany West Central, West Europe, North Europe and UK South, alongside locations in North America, Australia and the United Arab Emirates. The customer picks the region when registering the tenant.

Source: codetwo.com — overview of available regions, Security and Data Centers, retrieved September 2026. Pin the chosen region down at registration.

Why it matters: A central signature solution processes personal data (name, photo, role). The hosting location is therefore a GDPR item in your records of processing — and for many procurement teams a contractual lever.

How is the signature stamped technically?

Conbool Disclaimer

Three ways with the same templates: server-side in the mail flow via a send connector, through the Outlook add-in while composing, even without changing the mail flow, or as an installation in your own data centre. If the mail flow runs through Conbool, the signature applies on every device, and the same route can carry further modules such as MailGuard and SecureMail.

Exclaimer

Exclaimer describes a server-side deployment on Microsoft Azure and a client-side one where the signature is applied in Outlook or Gmail.

Source: exclaimer.com, pricing page, retrieved September 2026.

CodeTwo

CodeTwo Email Signatures 365 has a cloud mode after sending, an Outlook mode while typing and a combination of both. For Exchange Server Subscription Edition there is the separate product Email Signatures On-prem.

Source: codetwo.com, How it works and Email Signatures On-prem, retrieved September 2026.

Why it matters: server-side, the signature is enforceable and identical on every device; client-side, it shows while typing. All three vendors offer both. If your mail flow already runs through a security suite, signatures need no additional service in the mail flow.

How do marketing banners and campaigns work?

Conbool Disclaimer

Banners and campaigns are separate building blocks with their own time window and position, controlled by rules on sender, recipient, group, direction and language. Clicks can be counted per template in the portal, without tracking pixels and without storing recipient or IP address, with automatic fetches by security filters shown separately. Alternatively, Conbool appends fixed campaign parameters for your own analytics tool.

Exclaimer

Exclaimer offers campaigns with schedules and target groups. The pricing page lists click analytics in its own dashboard and targeting via recipient lists from Salesforce and HubSpot in the Pro plan.

Source: exclaimer.com, home page and pricing page, retrieved September 2026.

CodeTwo

CodeTwo schedules campaigns and tags links with parameters for web analytics tools such as Google Analytics or Matomo, where reporting takes place.

Source: codetwo.com, Email signatures for marketing purposes, retrieved September 2026.

Why it matters: marketing wants to prove reach, data protection wants as little personal data as possible. If you want to target CRM audiences, Exclaimer offers that in its Pro plan. If you already measure in your own analytics tool, CodeTwo covers it. Conbool counts clicks right in the portal and stores neither recipient nor IP address.

How does the solution integrate with the directory?

Conbool Disclaimer

Sync with Entra ID, with on-premises Active Directory through an outbound agent and with LDAP directories. When a role, location or title changes, the signature updates automatically, without PowerShell or scripts. Which attribute fills which field is configurable per field, and empty fields hide their line.

Exclaimer

Exclaimer syncs with Microsoft Entra ID and Google Directory and lists further integrations, for example Workday.

Source: exclaimer.com, home page with integrations overview, retrieved September 2026.

CodeTwo

CodeTwo Email Signatures 365 syncs with Microsoft Entra ID; administrators maintain further fields through its own attribute management.

Source: codetwo.com, documentation on Entra ID attributes and custom attributes, retrieved September 2026.

Why it matters: manual signature maintenance is the most common source of errors. All three vendors read the directory; they differ in which sources connect directly. Conbool additionally reads on-premises Active Directory through an outbound agent, without syncing to Entra ID.

Is signature management part of a mail-security platform?

Conbool Disclaimer

Yes. Conbool is an email security suite with nine modules: MailGuard against spam, phishing and fraud, SecureMail with S/MIME, OpenPGP and a reading portal, SecureFiles for large attachments, Disclaimer for signatures and legal details, DMARC Reports, Archive for tamper-proof archiving, 365 Backup, Awareness for phishing simulation and training, and Continuity when the mail system is down. Licensed per mailbox with add-on modules, one contracting party, one console.

Exclaimer

Exclaimer specialises in email signatures. Email security, encryption, file transfer, archiving and DMARC reporting are not listed in its publicly described portfolio.

Source: exclaimer.com, home page and pricing page, retrieved September 2026.

CodeTwo

Besides signatures, CodeTwo offers Backup for Office 365, migration tools, an autoresponder, surveys and user photos. Email security, encryption and DMARC reporting are not listed in the product overview.

Source: codetwo.com, product overview, retrieved September 2026.

Why it matters: replacing signatures often goes hand in hand with thinking about phishing protection, encryption and archiving. If you only need signatures, a specialist serves you well. The difference lies in the number of tools, contracts and consoles.

Migration checklist

What to mind when switching from Exclaimer or CodeTwo.

Replacing Exclaimer or CodeTwo typically takes four steps. What matters is that two services never apply a signature for the same senders at the same time, neither by rule nor by add-in.

  1. 1. Audit the current setup

    Identify which vendor is actively stamping signatures. In some tenants Exclaimer and CodeTwo run in parallel — for example because of historic subsidiaries. Before the Conbool migration, every existing signature path must be documented.

  2. 2. Export templates from both tools

    Export or document all active signature templates, banners and rules from Exclaimer and CodeTwo. They serve as a blueprint for the building blocks in Conbool and save redesign work.

  3. 3. Switch the mail flow or add-in

    The previous vendor's connector or add-in is replaced by the Conbool send connector or the Conbool add-in. During the transition only one service may be active for the same senders, otherwise duplicate signatures occur. Activating MailGuard or SecureMail as well uses the same mail flow.

  4. 4. Let existing contracts expire or terminate them

    Once Conbool is in production and no duplicate signatures occur, the previous contracts are ended at the next possible date. Minimum term and notice period are set by the respective contract.

For larger environments a pilot phase with one or two departments is recommended. Duplicate signatures are the most common problem when switching, and they are avoidable.

Decision helper

When Conbool, when Exclaimer, when CodeTwo.

Conbool Disclaimer fits when …

  • You want signatures together with email security, encryption, archiving and backup from one suite with one console.
  • You want to manage legal details under German law centrally, up to the GmbH & Co. KG with two register entries.
  • You look after several companies or tenants with separate templates and rules, including as an IT service provider.
  • You want to choose how it runs, from the cloud with servers in Frankfurt to an installation in your own data centre.

Exclaimer fits when …

  • You only need signatures and email security is already covered elsewhere.
  • You run Google Workspace alongside Microsoft 365.
  • You want to target signatures at recipient lists from Salesforce or HubSpot.
  • You expect certifications of the vendor itself, such as ISO/IEC 27001 and SOC 2 Type II.

CodeTwo fits when …

  • You want to combine signatures with Microsoft 365 migration and backup tools from the same vendor.
  • You run Exchange Server Subscription Edition in-house and want the signature applied directly on the mailbox servers.
  • You want to combine cloud and Outlook mode and measure campaigns in Google Analytics or Matomo.
  • You expect certifications of the vendor itself, such as ISO/IEC 27001 and ISO/IEC 27018.

Also compared

More comparisons.

Exclaimer and CodeTwo are often also compared individually against Conbool — and against Mimecast when mail security is the dominant criterion.

Frequently asked questions

See Conbool Disclaimer in your own setup.

A 30-minute demo with a message built from all four blocks, the legal details for your company form and click counting.

Sources and fairness note

Statements about Exclaimer rely solely on publicly available sources: home page and pricing page on exclaimer.com, the Email Signature Handbook, the press release on data centres in Germany and the knowledge base. Statements about CodeTwo rely on codetwo.com with the product overview, How it works, the pages on security, regions and marketing signatures, Email Signatures On-prem and the attribute documentation. Where a source is silent, we claim nothing. Statements about Conbool rely on our own documentation and contractual commitments.

As of September 2026. For your final decision we recommend you ask all three vendors directly about the points relevant to you and get statements confirmed in writing.

Exclaimer is a trademark of Exclaimer Ltd. CodeTwo is a trademark of CodeTwo sp. z o.o. sp. k. Microsoft 365, Outlook, Exchange and Entra are trademarks of the Microsoft group of companies; Google Workspace is a trademark of Google LLC. This page is an editorial comparison by Conbool GmbH and not material of the vendors named.