Disclaimer · 3-Way Comparison

Exclaimer or CodeTwo — when Conbool is the better choice.

Exclaimer and CodeTwo are two specialised email-signature vendors: Exclaimer headquartered in the UK with a global cloud presence, CodeTwo from Poland with a broader Microsoft-365 toolset. Conbool Disclaimer is the German alternative — EU-only hosting, modular per-feature licensing, part of a nine-module mail-security bundle. This page compares publicly verifiable points, as of 2026.

In three sentences

Three vendors, three profiles.

Exclaimer is the global market leader with long-standing Microsoft expertise and a premium edition for enterprise. CodeTwo is a Polish specialist with a broader Microsoft-365 toolset (backup, migration, signatures). Conbool Disclaimer is the German GmbH alternative — EU-only hosting and modular licensing as part of a nine-module mail-security bundle.

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

Every claim about Exclaimer and CodeTwo is backed by a public source. Every Conbool claim can be verified in a live demo.

Where is my data hosted?

Conbool Disclaimer

Exclusively in EU data centres on ISO-27001-certified infrastructure. The contractual partner and data processor is Conbool GmbH in Germany. The DPA under Art. 28 GDPR explicitly names the specific data centre location.

Exclaimer

Exclaimer operates several global cloud regions including Europe, according to vendor information. The active region for your tenant is set in the contract.

Source: exclaimer.com — Trust Center / Data Hosting. Confirm the exact location with the vendor in writing.

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

Server-side stamping in the mail flow: the signature is generated on send. Endpoints don't need add-ins or local templates. Outlook Desktop, Web and Mobile all look identical. An optional Outlook add-in is available if you want a live preview.

Exclaimer

Exclaimer typically uses a cloud connector in the Microsoft-365 mail flow or, alternatively, a client-side Outlook add-in. Both modes are documented; live preview vs. consistency trade-offs depend on the chosen mode.

Source: exclaimer.com — Signature Management product documentation.

CodeTwo

CodeTwo supports both server-side signatures in the Microsoft-365 mail flow and a client-side variant with a local Outlook preview.

Source: codetwo.com — Email Signatures for Office 365 / How it works.

Why it matters: Server-side prevents end-user tampering and guarantees consistency; client-side offers live preview. Which mode fits depends on compliance culture and user expectations.

How do marketing banners and campaigns work?

Conbool Disclaimer

Marketing banners as their own template type, controlled by a time window with start and expiry date and by rules on sender and recipient domain, directory group and language. They are applied server-side in the mail flow, with no cookie and no tracking pixel. Click tracking with a campaign report in the admin portal is not part of the module; reach is measured by the web analytics tool behind the target URL.

Exclaimer

Exclaimer offers highly granular banner campaigns with targeting and click tracking. Which tracking mechanisms are active depends on edition and privacy settings.

Source: exclaimer.com — Campaigns / Banner Marketing.

CodeTwo

CodeTwo supports banner campaigns per recipient group with reporting in the admin portal. Tracking options depend on the chosen edition.

Source: codetwo.com — Email Signatures / Marketing Campaigns.

Why it matters: Marketing and sales want reach and tracking, the DPO wants GDPR compliance. If you expect campaign reporting inside the signature tool itself, the two specialists serve you better. Conbool's strength starts beyond that: native S/MIME and OpenPGP encryption, SecureFiles for large attachments and DMARC reports with a staged reject policy all run in the same console, with no separate tools to buy.

How does the solution integrate with the directory?

Conbool Disclaimer

Sync with Entra ID, with a local Active Directory through an outbound agent and with LDAP directories. On a change of role, location or function the signature updates automatically, without PowerShell and without scripts. Which attribute fills which field is configurable per field. The same directory sources can also drive the assignment per tenant.

Exclaimer

Exclaimer integrates natively with Microsoft Entra ID and Active Directory. HR integrations are available via connectors or Microsoft Graph; the specific scope is defined by the integrations list.

Source: exclaimer.com — Integrations / Connector overview.

CodeTwo

CodeTwo connects natively to Entra ID and Active Directory. Additional HR sources are typically connected via Microsoft Graph or CSV connectors.

Source: codetwo.com — Integrations / Active Directory Synchronization.

Why it matters: Manual signature upkeep is failure mode #1. A direct directory integration saves IT tickets and keeps signatures current, even after every rotation. Conbool reads Entra ID, on-premises Active Directory through an outbound agent, and LDAP; if your HR system is the leading source, you feed the directory first with all three vendors.

Is signature management part of a mail-security platform?

Conbool Disclaimer

Conbool Disclaimer is one of nine modules: MailGuard for anti-spam and anti-phishing, SecureMail for encryption, Disclaimer for signatures, SecureFiles for file transfer, DMARC Reports for outbound identity protection, Archive for tamper-proof archiving, 365 Backup for Microsoft-365 data, Awareness for phishing simulation and training and Continuity for carrying on when the mail system fails. You can activate them individually or bundled — one contractual partner, one admin portal, one mail-flow connector.

Exclaimer

Exclaimer is highly specialised in email signatures. Other mail-security functions such as anti-spam, encryption, file transfer and DMARC are, per the vendor's public product overview, not part of the scope and would have to be purchased separately.

Source: exclaimer.com — Product / Signature Management Suite.

CodeTwo

CodeTwo offers a broader Microsoft-365 toolset (backup, migration, signatures) but is at its core a specialised Microsoft-365 lifecycle provider. A standalone mail-security platform with anti-phishing and encryption is not on offer.

Source: codetwo.com — Products / Office 365 Tools.

Why it matters: If you want signatures alongside other mail-security capabilities from one source, the Conbool bundle pays off. If you need pure signature management, a specialist is a fine fit — the trade-off is the number of contract partners.

Migration checklist

What to mind when switching from Exclaimer or CodeTwo.

Replacing Exclaimer or CodeTwo typically runs in four steps. Pay particular attention to step 3 — only one connector may hold an active signature rule, otherwise you end up with duplicate signatures.

  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 all active signature templates, banner sets and targeting rules from the Exclaimer and CodeTwo portals. They serve as the blueprint for the Conbool layer stacks and avoid re-designing from scratch.

  3. 3. Switch the mail-flow connector

    The existing Exclaimer or CodeTwo connector is replaced by the Conbool connector. During the transition (max. 14 days) several connectors may be active, but only one may hold an active signature rule — otherwise every mail receives duplicate signatures.

  4. 4. Let existing contracts expire or terminate them

    Once Conbool is in production and no duplicate signatures occur any more, terminate the Exclaimer and CodeTwo contracts at the next cancellation date. Mind the contractual minimum term and notice window — typically 30 days before the period end.

For larger migrations, run a pilot phase with 1–2 departments before rolling out broadly. Duplicate signatures are the most common migration issue and entirely avoidable.

Decision helper

When Conbool, when Exclaimer, when CodeTwo.

Conbool Disclaimer fits when …

  • You need to document EU-only hosting and a German contractual partner (Conbool GmbH) explicitly.
  • You want signature management alongside MailGuard, SecureMail and SecureFiles from one platform.
  • You prefer modular per-feature licensing — without per-user lock-in across editions.
  • DACH DLP detectors such as the German IBAN with checksum, VAT IDs for DE and AT, the Swiss UID, the AHV number and social-security numbers are anchored in your compliance posture.

Exclaimer fits when …

  • You prefer the global market leader for pure signature management.
  • Long-standing Microsoft expertise and tight Microsoft-365 integration are decisive criteria.
  • You need very granular banner-targeting options only a specialist offers.
  • A premium edition for enterprise setups fits your procurement model.

CodeTwo fits when …

  • You're looking for a specialised Microsoft-365 lifecycle provider with long market presence.
  • A Polish vendor headquarters with EU hosting is acceptable to your procurement.
  • You want a broader Microsoft-365 toolset (backup, migration) beyond signatures.
  • Server-side and client-side stamping should be flexibly combinable.

Related

Conbool Disclaimer for your industry and use case.

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.

30-minute demo. Modular per-feature licensing. EU-only hosting in Germany.

Sources and fairness note

Statements about Exclaimer are based exclusively on public sources: exclaimer.com, the Trust Center, product and integration documentation. Statements about CodeTwo are based exclusively on public sources: codetwo.com, the Security page, product and integration documentation. We do not make claims that aren't publicly verifiable.

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. Conbool is a trademark of Conbool GmbH. This page is an editorial comparison — not official Exclaimer or CodeTwo material.