ELLIE MAE ANNOUNCES ENCOMPASS® PERSONAL EDITION

New product delivers all the functionality, power, and flexibility of Ellie Mae's acclaimed mortgage management system, in a single-user version designed especially for the individual loan professional

DUBLIN, CA—February 10, 2005—Ellie Mae Inc., the award-winning provider of innovative software and services for the mortgage industry, today announced the release of Encompass® Personal Edition, a new single-user edition of its acclaimed Encompass® Mortgage Management System that is designed especially for the individual mortgage professional.

Encompass® Personal Edition gives individual loan professionals all the functionality, power, and flexibility of Ellie Mae’s flagship software product for the loan origination market, in an affordable, easy-to-install format with simplified configuration for non-networked environments. With Encompass Personal Edition, single users, such as the sole proprietorships which make up 40% of the loan origination software market, can take advantage of:

• a high-level overview of the loan pipeline—something no other software offers today—that allows drill-down within each loan in the pipeline for detailed status monitoring, updates, and automated reminders
• total control of all loan activities right from the desktop, including automatic population of industry-standard forms that eliminates rekeying, and instant access to the ePASS® Network, Ellie Mae's free online transaction platform that connects you to more than 250 lenders and thousands of settlement service providers - in just one click
• an integrated Contact Manager to help manage customer relationships, run effective marketing campaigns, customize contact data tracking for unique needs, and keep up to date with the included calendar/scheduler

“Encompass has been embraced by the loan origination market since its debut just over a year ago, and single users have been clamoring for a streamlined version designed just for them,” said Jonathan Corr, Sr. Vice President of Products, Ellie Mae. “No other software offers the advanced capabilities of Encompass, and individual loan officers and brokers wanted all that functionality without the extra collaboration features and network capabilities of our multi-user version. Ellie Mae promised to be responsive to the needs of this industry, and today we’ve delivered on that promise with Encompass Personal Edition.”

A very important benefit in Encompass Personal Edition is the easy and efficient method provided for users to upgrade to Encompass from Calyx® Point®. The simple two-click import capability provides quick and easy migration to Encompass by importing all pertinent files, settings, and data including loan programs, closing cost templates, custom letters/forms and more.

“When you migrate to Encompass from Point, you just don’t need to think twice about your loan data—everything just comes over seamlessly,” said Robert Madsen, formerly a top salesperson at Calyx Software who is now with Ellie Mae. “Ellie Mae made sure that it’s completely painless to move your data and settings, and to make learning it easy, we include free computer-based training that you can access anytime you want, 24x7.” Ellie Mae Customer Support is also available on the website at www.elliemae.com and by phone, free of charge, to help users install the software and get started.

Like the multi-user version, Encompass Personal Edition includes integrated access to Ellie Mae’s ePASS® Network, the industry’s online transaction platform that enables loan originators to easily do business online with hundreds of leading lenders and nearly 100,000 settlement service providers to make loan origination easier and faster than ever before. “This integration means you can pull credit, order appraisal, title, flood, and submit to lenders securely online from any location with Internet access—even your local coffee shop or your kitchen table, said Corr. “Now the individual loan originator can provide the same superior customer service as the big mortgage companies, with no major hardware requirements or infrastructure investments. Essentially, Encompass Personal Edition levels the playing field, so as a single loan officer or broker you can compete on the basis of the customer relationships you build, rather than how much money you have in your technology budget.”

Since its initial release, Encompass has been adopted by many of the leading originators across the nation, including Carteret Mortgage Corporation, Amstar Mortgage Corporation, Stockton Turner & Company, Transcontinental Lending Group, Inc., Acceptance Capital Mortgage Corporation, and thousands of smaller organizations.

Ellie Mae provides outstanding customer service, support, and free online training for all users. Customers can get assistance with installing Encompass and configuring ePASS Network settings by visiting Ellie Mae’s website at www.elliemae.com, where they can also find Getting Started guides, user forums, and more.

Ordering Information
Encompass Personal Edition is priced affordably at just $195, which includes free training and support for the first year. A 30-day fully-functional free trial is also available. For the launch of Encompass Personal Edition, Ellie Mae has completely redesigned its website and introduced its new WebStore, where Encompass Personal Edition is available for secure purchase via download. Customers can also request a CD to be shipped free of charge. Visit the Ellie Mae WebStore at store.elliemae.com.

About Ellie Mae, Inc.
Ellie Mae, Inc. is an award-winning provider of software and services for the mortgage industry, which has been recognized in each of the past three years as one of the fastest growing companies in the California Bay Area, and recently was named to the Inc. 500 list of America’s fastest growing private companies. Ellie Mae provides a comprehensive line of products and services including the company’s flagship Encompass® mortgage management system, Contour™ and Genesis 2000® loan origination software, Executive Websites™ for mortgage brokers, and Ellie Mae Docs™ services for document processing. Ellie Mae’s ePASS® Network is the mortgage industry’s online transaction platform enabling 40,000+ mortgage companies in the United States to easily do business online with hundreds of leading lenders and nearly 100,000 settlement service providers. Ellie Mae is based in Dublin, California. To learn more about Ellie Mae, visit www.elliemae.com or call (888) 955-9100.

###

Ellie Mae, Encompass, ePASS, and Genesis 2000 are registered trademarks, and Contour, Executive Websites, and Ellie Mae Docs are trademarks, of Ellie Mae, Inc. Point is a registered trademark of Calyx Software. All rights reserved.

Media Contact:
Katie Drake
Ellie Mae, Inc.
925-227-7719
katie.drake@elliemae.com