Ellie Mae Named One of Top 50 "Best Places to Work in the Bay Area"

Area Business Newspapers Sponsor Inaugural Competition

Dublin, CA-APRIL 5, 2004-Ellie Mae, Inc., the leading provider of desktop and web-enabled technology for the mortgage industry, has been named one of the top 50 "Best Places to Work in the Bay Area" by the San Francisco Business Times and the Silicon Valley/San Jose Business Journal.

The goal of the inaugural "Best Places to Work in the Bay Area" competition was to create an objective process to compare and evaluate companies as employers. The two-step online process started with a management survey of each participating company by PeopleView, an Orange County-based employee satisfaction consultant, that gathered information on such topics as pay and benefits, participation rates in 401(K)s, and other benefits and policies. Next employees were asked to respond anonymously to a series of questions about the company. Both the management and employee surveys addressed six key areas of employee satisfaction: communication within the company, the work environment, compensation, benefits, promotions, and recognition.

"To be chosen as one of the best places to work in the San Francisco Bay Area is a tremendous honor for our employees, our management team, and me personally," said Sig Anderman, CEO of Ellie Mae. "This award validates the enormous talent, hard work, and continually amazing contribution of our employees in making us the mortgage industry technology change-agent. We try very hard to keep our employees informed of our company's progress quarterly. Everyone has the opportunity and the right to ask questions and to have an opinion at any time. Our management understands that our most critical asset is the quality and satisfaction of our employees."

About Ellie Mae, Inc.

Dublin, California-based Ellie Mae, Inc., winner of the 2003 Inman Innovator Award for Most Innovative Company in the mortgage and real estate industries, is the leading provider of desktop and web-enabled mortgage industry productivity technology. Ellie Mae's ePASS Web-transaction platform is the industry standard, connecting more than 30,000 third-party mortgage origination companies with leading wholesale and correspondent lenders and 90,000 settlement service providers. Ellie Mae products include the Encompass mortgage management system, Contour and Genesis 2000 loan origination software, Executive Web Sites and Ellie Mae Docs. To learn more about Ellie Mae, call (888) 955-9100 or visit www.elliemae.com .

Copyright © 2004 Ellie Mae, Inc. All rights reserved. Ellie Mae®, ePASS®, Encompass™, Contour™, Genesis 2000™, Executive Web SitesT, Ellie Mae DocsT are the sole property of Ellie Mae, Inc.

Contacts

Susan Bergstrom
Pat Harden
Gibbs & Soell
(415) 362-9930