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Wed, 06/30/2004

Mortgage Technology title based on demonstrable market share, proven business benefits and excellent technology

CARSON, Calif. - July 21, 2004 - Document Systems, Inc. (DSI), a leading loan documentation production and mortgage technology company that develops tools and processes for completing compliant loan document packages, announced that it has been recognized as a Top 100 Mortgage Technology Vendor by Mortgage Technology magazine.

"LendWare users depend on Framework to provide the highest quality and accurate document creation and management technology in the industry," said Dorothy Beattie, senior vice president of Product Strategy for Framework. "The integration of LendWare and FillMagic provides lenders accuracy, flexibility, scalability, systematic application and compliance in a single software solution."

To be eligible for the Top 100 list, vendors had to meet four key criteria: customer satisfaction, functionality, market share and a viable revenue model. Winning vendors also demonstrated leadership in market share, proven business benefits and excellent technology in the mortgage banking market.

"It is an honor to be named a top 100 vendor by Mortgage Technology," said Don Iannitti, president and CEO of Document Systems, Inc. "DSI strives to surpass the expectations of our customers each and every day. Earning this recognition is validation of the company's approach to putting customer satisfaction first and offering proven solutions that enable our clients to succeed."

In announcing the honor, the publication touted DSI's two leading systems, DocMagic, and LoanMagic. DocMagic, a document production system provides virtually instantaneous production and electronic delivery of customized loan documents to more than 10,000 mortgage brokers, mortgage bankers, correspondent lenders and lawyers. LoanMagic, a fully integrated mortgage customer contact management system, is unique to the industry because it is the only system of its kind developed specifically for brokers. LoanMagic provides the most comprehensive financial information package available to loan officers, enabling users to streamline production using tools and functionality that simplify the tasks involved with acquiring leads, managing contacts, and integrates of all personal and credit information necessary to secure the loan.