For Immediate Release

March 10, 2003

XL Dynamics and Intelli-Mine partner to bring Business Intelligence to Mortgage Banking MOL customers gain a powerful Decision-Support platform

Cerritos, CA - XL Dynamics (www.xldynamics.com), a leading edge provider of mortgage lending technology, and Intelli-Mine (www.intelli-mine.com), a provider of Business Performance Management (BPM) tools, have partnered to extend Mortgagesoft On-Line capabilities with Intelli-Mortgage decision-support platform.

“This is an Information-driven industry and Mortgage Bankers need BPM tools that can assist them make their present business effective, and keep identifying the opportunities for tomorrow” said Pavan Agarwal, CEO of XL Dynamics.

“This is the first offering, for the Mortgage Banking industry, that integrates the business Operational platform with the Analytical and Reporting capabilities required by management” said Anil Suri, CEO of Intelli-Mine, Inc.

Management needs to analyze and monitor their business metrics and benchmark their organization performance, to leverage the performance indicators successfully. Analytics and Reporting is the cornerstone of these activities, and key to understanding the profit dynamics, for Mortgage Bankers.

“A large segment of the industry is still dependent in traditional, static reporting” said Agarwal.

“Technology-oriented companies are already implementing Business Intelligence (BI) technology to assist their management, and we feel XL Dynamics customers will use the technology if packaged and price attractively” said Suri.

Intelli-Mortgage retrieves data collected by MOL to update its Data Mart, from where its OLAP (Multi-Dimensional) data cubes are loaded. Performance metrics and business indicators are available through a visualization layer designed for the specific needs of the business user. Information is delivered at the frequency required by business, using the format selected by users.

XL Dynamics is the leading-edge developer of Mortgagesoft OnLine® a complete mortgage loan origination system, which is ‘The New Standard for the Mortgage Industry’. The Company is headquartered in Cerritos, CA (800) 858-5548.
Intelli-Mine, Inc., a supplier of Business Performance Management solutions, is the developer of Intelli-Mortgage. The company has been active in the Entertainment, Managed Services, Financial Services, and Retail industry. Intelli-Mine is headquarter in Newport Beach, CA (949) 486-2900.

PR Contact Info:

Sungita Garg
Phone: 800-858-5548
Fax: 562-924-6057
Email: sungita@go-mol.com