Ellie Mae and Pipeline Solutions Launch ePASS Internet Connectivity to Wholesale Lenders and Settlement Service Providers

Partnership Brings Integrated Technology to Pipeline Loan Origination System Users

Salt Lake City, UT—JUNE 8, 2004—Ellie Mae, Inc., and Pipeline Solutions today announced the launch of ePASS integration with Pipeline loan origination software (LOS) at the 2004 National Association of Mortgage Brokers (NAMB) Annual Convention in Salt Lake City.

Pipeline users will now enjoy unparalleled access to their local and national providers and a faster, more efficient and secure process for ordering credit, title, flood, appraisals, automated underwriting, lender loan file submission and more. ePASS is the industry-leading web transaction platform, providing seamless connectivity between the loan origination desktops and the nation's leading wholesale lenders and settlement service providers.

"We are excited to offer our customers the unique ordering and retrieval process that ePASS provides," said Gordon Scott, CEO of Pipeline Solutions, "while continuing to build significant advancements within the Pipeline application. Our customers can now immediately improve their productivity and efficiency, while significantly reducing their costs and the time it takes to originate mortgage loans. Working with Ellie Mae will ensure that we continue to meet our standard of making the best industry tools available to our customers."

"We believe that our partnership with Pipeline is the perfect combination of two very robust technologies," said Sig Anderman, CEO of Ellie Mae, Inc. "Working together, they will provide powerful capabilities to Pipeline customers. Pipeline has a sound history of maintaining a strong and loyal client base because it is focused on providing the best experience possible for its clients."

About Pipeline

Pipeline Solutions is a national provider of mortgage origination software, offering seamless integration and automation to mortgage brokers, bankers and credit unions. The company's products streamline the entire lending process, from pre-qualification to closing-seamlessly integrating all steps in the loan origination process. Since 1987, the company has provided off-the-shelf loan origination systems that allow non-technical business users to increase efficiency and simplify the often-cumbersome loan origination process. With thousands of end users and hundreds of sites nationwide, Pipeline continues to offer sensible, unparalleled product and client-centric support to the financial services community. A full evaluation version of each Pipeline product is available for download at the company's website .

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 our website .

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