For Immediate Release 

October 18, 2004

Intelli-Mine launches it's new Financial Analyzer

Newport Beach, CA - Intelli-Mine, Inc. announced on Monday the launch of its new Financial Analyzer product.

Financial Reporting is a tedious and long process for most companies. It involves all or some of the following tasks:
• Extracting data/reports from financial accounting and transaction systems
• Massaging and cleaning the data using MS Excel or MS Access
• Calculating metrics and creating reports for management

The issues that typically arise in this process are
• Very Manual
• Time Delay in receiving the reports
• High possibility of errors

According to Intelli-Mine, the Financial Analyzer provides customers a pre-built solution to the above issues. It is based on a complete data warehouse that integrates data from the customer’s accounting systems, transaction systems and other data sources. It presents customers with up-to-date metrics and reports and provides End-of-Period reports almost immediately after the closing accounting entries are passed. Actual, Budget, Forecast, Variances, Incomes, Costs and Profit overall and by cost center, per unit (loan), per employee are available for reporting, ad-hoc analysis and trending.

Highlights of the Financial Analyzer

• Integrates seamlessly with Intelli-Mortgage, the Mortgage Performance Measurement product
• Integrates transaction data with financial accounting data to provide Key Performance Metrics
• Automates End-of-Period Financial Reporting
• Presents customers with up-to-date metrics and reports
• End-of-Period reports are available almost immediately after the closing accounting entries are passed
• Provides one version of the truth
• Significantly reduces the possibility of errors

About Intelli-Mine:

Founded in 1999, Intelli-Mine, provides innovative software and solutions for the mortgage industry. Its product line includes:
1) Intelli-Mortgage™ – A Business Performance Management tool, and
2) Intelli-Funding™ – A solution that automates the funding processes of lenders

For information about products and services, visit www.intelli-mine.com.To contact the sales team for more information or for a demo please contact info@intelli-mine.com