Ellie Mae Named One of "Top 50 Fastest-Growing Private Companies" by East Bay Business Times

Dublin, CA—AUGUST 5, 2004—Ellie Mae, Inc., developers of the Encompass mortgage management system and ePASS, the industry-standard platform for connecting mortgage originators with their lenders and service providers, has been named one of the "Top 50 Fastest Growing Private Companies," presented by the San Francisco Bay Area's East Bay Business Times.

Close to 400 East Bay companies were surveyed by Blanding, Boyer & Rockwell, an accounting firm located in Walnut Creek, CA. The survey explored employee growth, percentage revenue growth, and actual revenue growth between 2001 and 2003. Ellie Mae ranked in the top 10 for growth in revenue, and in the top 20 for both employee growth and percentage revenue growth. This is the third time Ellie Mae has made the list since the company's inception in 1998.

"Earning a place on the Fastest Growing Private Companies list for the third time is a direct result of the continuous hard work and dedication of our employees," said Sig Anderman, CEO of Ellie Mae. "Our focus on delivering superior customer service and advanced products for the mortgage industry has propelled our growth over the past several years."

The "Top 50 Fastest Growing Private Companies" supplement was included in the July 23, 2004 issue of the East Bay Business Times .

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 www.elliemae.com .

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.