For Immediate Release

December 15, 2003

Stone Creek takes a step towards six sigma by implementing Intelli-Mortgage

Denver, CO - Stonecreek joins Intelli-Mine’s rapidly growing list of clients. Intelli-Mortgage is Intelli-Mine’s comprehensive Business Performance Management solution for the mortgage industry. It integrates Digital Dashboard, Scorecard and Business Intelligence technologies and provides Key Performance Indicators for the following aspects of mortgage lending:

1) Pipelines, fallouts, queues and trends
2) Revenue and sales growth and trends
3) Performance of products
4) Loan profitability analysis for products, branches, brokers and loan officers
5) Productivity, performance, and turn times of all operational personnel
6) Relationship analysis with correspondents, channels, brokers and investors
7) Investor and broker commitment compliance
8) Loan conditions and their resolution

Stonecreek, a Denver, Colorado based mortgage corporation was faced with several challenges in making strategic business decisions quickly, including long reporting times, followed by the difficulty of disseminating the information across the enterprise while it was still current. Matt Klaess and Scott Brooks (Owners), David Dell (CFO) and Scott Rost (Project Manager) decided to take a bold new approach to managing their finances, their processes, their people and their external relationships. They decided to implement Intelli-Mortgage. For Stonecreek, measuring their key performance indicators (KPIs) has never been easier.

“Until we implemented a balanced score card approach with Intelli-Mine, we faced difficulties in communicating reports. We also knew that different departments had different attitudes and views of portfolio quality, pipeline, costs and profitability. Now we have consistency and a well defined concept of quality, which will allow us to work on continuous improvement within Stonecreek,” says Mr. Klaess.

Mr Brooks adds “Before using Intelli-Mortgage, business measures and KPIs were somewhat scattered, and thus performance targets would sometimes be overlooked. Intelli?Mortgage not only rationalizes the performance indicators, but also allows the entire team to see where we are in real time. This is very powerful in constantly ensuring that we are on the right path.”

Measuring Performance, Seeing Results

Using Intelli-Mortgage, Stonecreek can now generate reports and analyses quickly and conveniently, without the manual efforts that were required in the past. Almost real time updates of selected KPIs are available to those who need them via the Web, and presented in a "dashboard view" for easy access and interpretation. Each department, location or business unit can be evaluated objectively for how it contributes to the bottom line of the company as a whole. This in turn creates a sense of accountability, which helps each employee understand how important his or her job is to the enterprise's mission.

Intelli-Mortgage provides an effective means for communicating strategies and objectives from senior executives to front-line level staff. It provides security and access controls to limit access to sensitive information.

" We selected Intelli-Mine because of their distinctive capability of developing and delivering business performance software. They worked very closely with Stonecreek, getting to know our needs first. We find Intelli-Mine to be a trusted partner. Intelli-Mortgage helps us to practice the balanced scorecard concept and put our mission and vision into action with concrete and measurable results," says Mr. Dell, CFO.

"Intelli-Mine provides an appropriate and comprehensive methodology to develop and implement such a complex system. Intelli-Mine’s implementation processes were well defined and efficient. It will be a pleasure to work with them again, knowing that the work will get done smoothly, on time and on budget" concludes Scott Rost, Project Manager.

About Stonecreek Funding Corporation

Stonecreek Funding Corporation is a privately held company with the principal business of Mortgage Banking. Stonecreek funds approximately $900 million of mortgage loans annually and employs about 125 people.

About Intelli-Mine, Inc.

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