The Bob
Senior Member
- Joined
- Jan 20, 2002
- Professional Status
- Certified Residential Appraiser
- State
- Virginia
(PR NEWSWIRE) BCE Emergis and a la mode Connect With Emergis® Vendor Services Exchange Agreement
Agreement Connects Single Largest Pool of Real Estate Appraisers With More Than 14,000 Mortgage Originators
VIENNA, VA., and OKLAHOMA CITY, Feb. 25 /PRNewswire-FirstCall/ -- BCE
Emergis (TSX: IFM) and real estate software designer a la mode, inc. today announced an agreement that will bring together the largest pool of real estate appraisers in North America with the more than 14,000 mortgage originators who have access to Freddie Mac's loanprospector.com. As a result of the agreement a la mode's Mercury Network, a leader in paperless real estate transactions, will be connected to Emergis® Vendor Services Exchange, a secure, Web-based solution for real-time placement, receipt and management of settlement services.
"Connecting to a la mode's Mercury Network will provide mortgage
originators using Emergis® Vendor Services Exchange with easy access to over 50 percent of all appraisers in the United States -- in every county in every state -- all of whom are capable of delivering services electronically," declared Gunnar Bergstrom, president of the eLending Solutions unit of BCE Emergis.
The Mercury Network delivered more than 8.8 million electronic appraisals to lenders and appraisal management companies in the past 12 months, making it, according to a la mode, the undisputed leader in paperless real estate transactions.
"Our appraiser customers will now enjoy a seamless connection to thousands of originators with access to Vendor Services Exchange through Freddie Mac's loanprospector.com without ever having to leave the Mercury Network. This is a case where two companies working together are truly solving the problem of the last mile in a nationwide, end-to-end paperless mortgage platform," stated David Biggers, a la mode CEO.
The Mercury Network supports XML data standards established by the
Mortgage Industry Standards Maintenance Organization (MISMO). a la mode's real estate appraiser members subscribe to the Mercury Network to connect to customers while using the report form-filling software of their choice. The solution utilizes custom software "plug-in" products, which allow lenders to leverage a la mode's superior coverage, technology and reputation with real estate appraisers.
Emergis® Vendor Services Exchange was launched as a featured tool on Freddie Mac's loanprospector.com in December 2002. Over 40 vendors and five lenders have joined Vendor Services Exchange, including leading settlement service providers such as, Stewart Title, LandSafe, General American Corporation, First American, CBC Companies and LSI. It is the first of a suite of solutions that leverage the company's eLending Solutions platform for end-to-end paperless loan fulfillment, closing and storage.
About a la mode
a la mode, inc. is the leader in the design, development and support of
real estate related software, Internet solutions and electronic document
technologies. The company's flagship product, WinTOTAL, is used by over 50 percent of the nation's appraisers, nearly three times the share of its
closest competitor. a la mode's Mercury Network servers delivered over 8.8 million electronic appraisals in the past 12 months, making it the undisputed leader in paperless real estate transactions. More information on the company can be found on the Web at http://www.mercury.alamode.com
About BCE Emergis
BCE Emergis is a leading North American eBusiness company enabling
specialized transaction processes for the health and finance sectors. BCE
Emergis supplies solutions to businesses that automate transactions between companies and allows them to interact and transact in real-time. Its leading technologies are centred on claims processing, electronic bill presentment and payment solutions.
BCE Emergis customers include 14 leading North American health insurers, three of the top five U.S. banks, five of the top six Canadian banks, and a number of North America's largest enterprises. The Company's shares (TSX: IFM) are included in the S&P/TSX Composite Index.
This news release contains forward-looking statements, which are subject to a number of risks, uncertainties and assumptions. Actual results and events may vary significantly. Factors which could cause actual results or events to differ materially from current expectations include, among other things: the ability of the Company's strategies to produce the expected benefits and growth prospects; the uncertainty of the Canadian and U.S. economies; fluctuations in the currency exchange rates between the Canadian and U.S. dollar; the extent of the adoption of eBusiness; the adoption rate of our solutions by our customers and their channel partners; the Company's ability to respond to the industry's rapid pace of change; competition; the ability of the Company to continue to grow its revenues; the volatility of the Company's quarterly operating results; the ability of the Company to manage and expand its U.S. operations; the ability of the Company to integrate acquisitions; the
Company's reliance on strategic relationships, including its relationship with BCE Inc.; the Company's dependence on contracting medical service providers and the risk of professional liability relating to its medical management services; the possibility of defects in software or failures in the processing of transactions; the possibility of security and privacy breaches; the ability of the Company to attract and retain highly trained personnel; the ability of the Company to develop and maintain its intellectual property; the risk of intellectual property infringement claims against the Company; the integrity of public key cryptology technology used by the Company; and the risk of increased government regulation of the Company's operations. For additional information with respect to certain of these and other factors, see the Annual Information Form and Annual Report (Management Discussion and Analysis) of the Company filed with Canadian securities commissions.
THE FORWARD-LOOKING STATEMENTS CONTAINED IN THIS PRESS RELEASE REPRESENT
BCE EMERGIS EXPECTATIONS AS AT FEBRUARY 24, 2003 AND, ACCORDINGLY, ARE SUBJECT
TO CHANGE AFTER SUCH DATE. HOWEVER BCE EMERGIS DISCLAIMS ANY INTENTION OR
OBLIGATION TO UPDATE OR REVISE ANY FORWARD-LOOKING STATEMENTS, WHETHER AS A
RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHERWISE.
For additional information:
Anna di Giorgio John Gutpell Alysia A. Billingslea
BCE Emergis Inc. BCE Emergis Inc. Media Relations
Corporate Communications Investor Relations a la mode, inc.
(514) 868-2358 (514) 868-2232 (678) 781-7217
anna.digiorgio@emergis.com john.gutpell@emergis.com newswire@alamode.com
SOURCE a la mode, inc.; BCE Emergis
-0- 02/25/2003
/CONTACT: Anna di Giorgio, Corporate Communications, +1-514-868-2358,
anna.digiorgio@emergis.com, or John Gutpell, Investor Relations,
+1-514-868-2232, john.gutpell@emergis.com, both of BCE Emergis Inc.; or
Alysia A. Billingslea, Media Relations, of a la mode, inc.,
+1-678-781-7217, newswire@alamode.com/
/Web site: http://www.alamode.com /
(IFM.)
CO: a la mode, inc.; BCE Emergis
ST: Virginia, Oklahoma
IN: RLT MLM STW CPR
SU:
*** end of story ***
Agreement Connects Single Largest Pool of Real Estate Appraisers With More Than 14,000 Mortgage Originators
VIENNA, VA., and OKLAHOMA CITY, Feb. 25 /PRNewswire-FirstCall/ -- BCE
Emergis (TSX: IFM) and real estate software designer a la mode, inc. today announced an agreement that will bring together the largest pool of real estate appraisers in North America with the more than 14,000 mortgage originators who have access to Freddie Mac's loanprospector.com. As a result of the agreement a la mode's Mercury Network, a leader in paperless real estate transactions, will be connected to Emergis® Vendor Services Exchange, a secure, Web-based solution for real-time placement, receipt and management of settlement services.
"Connecting to a la mode's Mercury Network will provide mortgage
originators using Emergis® Vendor Services Exchange with easy access to over 50 percent of all appraisers in the United States -- in every county in every state -- all of whom are capable of delivering services electronically," declared Gunnar Bergstrom, president of the eLending Solutions unit of BCE Emergis.
The Mercury Network delivered more than 8.8 million electronic appraisals to lenders and appraisal management companies in the past 12 months, making it, according to a la mode, the undisputed leader in paperless real estate transactions.
"Our appraiser customers will now enjoy a seamless connection to thousands of originators with access to Vendor Services Exchange through Freddie Mac's loanprospector.com without ever having to leave the Mercury Network. This is a case where two companies working together are truly solving the problem of the last mile in a nationwide, end-to-end paperless mortgage platform," stated David Biggers, a la mode CEO.
The Mercury Network supports XML data standards established by the
Mortgage Industry Standards Maintenance Organization (MISMO). a la mode's real estate appraiser members subscribe to the Mercury Network to connect to customers while using the report form-filling software of their choice. The solution utilizes custom software "plug-in" products, which allow lenders to leverage a la mode's superior coverage, technology and reputation with real estate appraisers.
Emergis® Vendor Services Exchange was launched as a featured tool on Freddie Mac's loanprospector.com in December 2002. Over 40 vendors and five lenders have joined Vendor Services Exchange, including leading settlement service providers such as, Stewart Title, LandSafe, General American Corporation, First American, CBC Companies and LSI. It is the first of a suite of solutions that leverage the company's eLending Solutions platform for end-to-end paperless loan fulfillment, closing and storage.
About a la mode
a la mode, inc. is the leader in the design, development and support of
real estate related software, Internet solutions and electronic document
technologies. The company's flagship product, WinTOTAL, is used by over 50 percent of the nation's appraisers, nearly three times the share of its
closest competitor. a la mode's Mercury Network servers delivered over 8.8 million electronic appraisals in the past 12 months, making it the undisputed leader in paperless real estate transactions. More information on the company can be found on the Web at http://www.mercury.alamode.com
About BCE Emergis
BCE Emergis is a leading North American eBusiness company enabling
specialized transaction processes for the health and finance sectors. BCE
Emergis supplies solutions to businesses that automate transactions between companies and allows them to interact and transact in real-time. Its leading technologies are centred on claims processing, electronic bill presentment and payment solutions.
BCE Emergis customers include 14 leading North American health insurers, three of the top five U.S. banks, five of the top six Canadian banks, and a number of North America's largest enterprises. The Company's shares (TSX: IFM) are included in the S&P/TSX Composite Index.
This news release contains forward-looking statements, which are subject to a number of risks, uncertainties and assumptions. Actual results and events may vary significantly. Factors which could cause actual results or events to differ materially from current expectations include, among other things: the ability of the Company's strategies to produce the expected benefits and growth prospects; the uncertainty of the Canadian and U.S. economies; fluctuations in the currency exchange rates between the Canadian and U.S. dollar; the extent of the adoption of eBusiness; the adoption rate of our solutions by our customers and their channel partners; the Company's ability to respond to the industry's rapid pace of change; competition; the ability of the Company to continue to grow its revenues; the volatility of the Company's quarterly operating results; the ability of the Company to manage and expand its U.S. operations; the ability of the Company to integrate acquisitions; the
Company's reliance on strategic relationships, including its relationship with BCE Inc.; the Company's dependence on contracting medical service providers and the risk of professional liability relating to its medical management services; the possibility of defects in software or failures in the processing of transactions; the possibility of security and privacy breaches; the ability of the Company to attract and retain highly trained personnel; the ability of the Company to develop and maintain its intellectual property; the risk of intellectual property infringement claims against the Company; the integrity of public key cryptology technology used by the Company; and the risk of increased government regulation of the Company's operations. For additional information with respect to certain of these and other factors, see the Annual Information Form and Annual Report (Management Discussion and Analysis) of the Company filed with Canadian securities commissions.
THE FORWARD-LOOKING STATEMENTS CONTAINED IN THIS PRESS RELEASE REPRESENT
BCE EMERGIS EXPECTATIONS AS AT FEBRUARY 24, 2003 AND, ACCORDINGLY, ARE SUBJECT
TO CHANGE AFTER SUCH DATE. HOWEVER BCE EMERGIS DISCLAIMS ANY INTENTION OR
OBLIGATION TO UPDATE OR REVISE ANY FORWARD-LOOKING STATEMENTS, WHETHER AS A
RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHERWISE.
For additional information:
Anna di Giorgio John Gutpell Alysia A. Billingslea
BCE Emergis Inc. BCE Emergis Inc. Media Relations
Corporate Communications Investor Relations a la mode, inc.
(514) 868-2358 (514) 868-2232 (678) 781-7217
anna.digiorgio@emergis.com john.gutpell@emergis.com newswire@alamode.com
SOURCE a la mode, inc.; BCE Emergis
-0- 02/25/2003
/CONTACT: Anna di Giorgio, Corporate Communications, +1-514-868-2358,
anna.digiorgio@emergis.com, or John Gutpell, Investor Relations,
+1-514-868-2232, john.gutpell@emergis.com, both of BCE Emergis Inc.; or
Alysia A. Billingslea, Media Relations, of a la mode, inc.,
+1-678-781-7217, newswire@alamode.com/
/Web site: http://www.alamode.com /
(IFM.)
CO: a la mode, inc.; BCE Emergis
ST: Virginia, Oklahoma
IN: RLT MLM STW CPR
SU:
*** end of story ***
