Document Systems Inc. and Ellie Mae Partner for the Best Way to Order DocMagic Closing Documents

DocMagic for Windows completed in 2 clicks through Ellie Mae's Encompass®, Genesis and Contour Loan Origination Systems

DUBLIN, CA—March 8, 2005—Ellie Mae Inc., the award-winning provider of innovative software and services for the mortgage industry, today announced that it has partnered with Document Systems Inc.-one of the nation's leading loan document production companies and maker of DocMagic™-to enable mortgage professionals to order DocMagic document services in just two clicks, directly from within the loan file of any leading loan origination software including Encompass®, Genesis 2000, and Contour-The Loan Handler.

"Partnering with Document Systems is a win-win-win situation: for Ellie Mae, for Document Systems, and best of all for our mutual customers," explained Joseph Tyrrell, Senior Vice President at Ellie Mae. "Approximately 50% of all closing documents are generated through the DocMagic for Windows and DocMagic Online products, and customers using almost any loan origination software now have the easiest, most efficient way possible to order their DocMagic docs."

Both DocMagic for Windows and DocMagic Online are now easily accessible through the ePASS® Network, the mortgage industry's online transaction platform. DocMagic customers can continue to use the same DocMagic document service with which they are comfortable, but do so without leaving their loan file-with no additional software to install, at no additional cost, and with no additional passwords to set up and remember.

Another advantage of this new partnership is that the data is transferred directly from the loan origination software and automatically imported to the DocMagic system. Because the system imports up to 150 more data fields, users can save as much as 30 minutes of data entry per loan. Moreover, there is less room for error-meaning more accurate calculations and fewer redraws.

"The Document Systems/Ellie Mae partnership gives originators control over all aspects of origination and closing right on their desktop, within their loan origination software," said Don Iannitti, President of Document Systems, Inc. "By building this seamless connectivity, we are providing an unparalleled solution for our document services customers."

Michele Oles of Metro Boston Mortgage praised the new partnership for the ease and efficiency it brings to her daily work. "I like the fact that the data fields are pre-filled,"

Oles said. "It saves a lot of time with the processing. Before I was able to use DocMagic through the ePASS Network, I had to fill in all the fields manually and it left everything wide open for errors. Now all I do is click a button, proof my worksheet, and then draw my docs. Everything transfers right into the DocMagic program from my LOS and I am ready to go. I love it."

To access DocMagic through Encompass, Genesis or Contour, the user simply selects DocMagic from the Document Preparation category available through ePASS. The user may select either the DocMagic for Windows or DocMagic Online product. From there, the user can instantly complete up to 95% of the required information for DocMagic without having to export or import loan files, rekey data, or enter any additional fields.

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 most recently has been 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™ loan origination software, Executive Web Sites 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 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 (925) 227-7000.

About Document Systems, Inc.
Founded in 1988, Document Systems, Inc. is the largest loan document production company in the U.S. The company's purpose is to provide the national mortgage industry with superior, innovative and easy to use products that facilitate the creation of high quality closing loan documentation. Since its introduction, DSI's flagship product, DocMagic, has revolutionized the mortgage document industry. For more information, visit www.docmagic.com.

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Ellie Mae, Encompass, ePASS, and Genesis 2000 are registered trademarks, and Contour, Executive Websites, and Ellie Mae Docs are trademarks, of Ellie Mae, Inc. All rights reserved.

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