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Ellie Mae Now Live With Freddie Mac's Home Value Explorer Through Applied Technology Solution Integrators, Inc.

PLEASANTON, Calif.--(BUSINESS WIRE)--Oct. 4, 2001--Ellie Mae established a direct connection to Applied Technology Solution Integrators, Inc. (ATSI) for access to Freddie Mac's Home Value Explorer (HVE)(SM).

Freddie Mac's Home Value Explorer is differentiated from other products in the automated valuation market by its ability to provide real national coverage. HVE covers over 2,200 counties, including all 50 states plus the District of Columbia. Furthermore, the Freddie Mac valuation technology is rigorously tested and used by Freddie Mac in its own daily operations.

``Joining forces with ATSI brings further convenience to our customers,'' said Fred Myer, Senior Executive Vice President of Settlement Services for Ellie Mae. ``Freddie Mac has always been an industry leader - integrating the latest technologies to provide its customers with extraordinary service. Ellie Mae users will appreciate both the time and money they save by taking advantage of this seamless connection.''

``With Ellie Mae we are able to receive orders from over 100,000 broker desktops directly from the ePASS(SM) Business Center. In addition, the clients of Ellie Mae do not have to establish special connectivity in order to use this powerful tool. Any Ellie Mae customer can access it,'' said Paul Harkins, CEO of ATSI.

The ePASS Business Center is a business-to-business e-commerce platform that integrates brokers with service providers and participating wholesale lenders through the Internet.

About Applied Technology Solution Integrators, Inc.
Applied Technology Solution Integrators, Inc. (ATSI) offers solutions with services and products to the financial services community through ExpressOrder, which is an interactive management solution to order, track and manage financial applications. ATSI's goal is to provide reduced transaction cost, higher levels of service, increased productivity, and enhanced profitability to our clients. ATSI is an authorized reseller of Freddie Mac's HVE(SM).

About Ellie Mae(SM)
Ellie Mae, headquartered in Pleasanton, Calif., is the leading Internet enabler for the mortgage brokerage industry and the largest loan origination software (LOS) provider in the U.S. Offering brokers the ePASS(SM) Business Center (electronic Processing And Submission System), a B2B e-commerce platform, as well as customized Web sites, hosting services, LOS packages, and complete integrated office solutions for mortgage professionals. Ellie Mae(SM) enables mortgage originators to harness the power of the Internet, giving them a competitive advantage in the fast changing residential mortgage arena. For additional information, visit or call (877) 355-4362.

Some of the information in this news release may be forward-looking information under the Private Securities Litigation Reform Act of 1995. Forward-looking information, which includes forecasts, projections and predictions of future events or performance, is subject to and involves risks and uncertainties, which could cause actual results to differ materially from the forward-looking information. As a result, investors should not rely unreasonably on the accuracy of forward-looking information.

For Ellie Mae
Allison Smith

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