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Ellie Mae(SM) Signs a 3-Year Agreement With Plus Solutions to Provide Contour, Genesis 2000(R) and Ellie Mae's ePASS Business Center Users With Online Automated Home Valuations From Freddie Mac(TM)

DALLAS, July 9 /PRNewswire/ -- Ellie Mae Inc., a provider of Internet and software solutions for the mortgage lending community, today announced it selected Plus Solutions, Inc. (OTC Bulletin Board: PLSO) to provide Contour, Genesis 2000(R) and Ellie Mae users with a direct Internet connection to Freddie Mac's Home Value Explorer(TM) via their ePASS Business Center (electronic Processing and Submission System).

Plus Solutions has recently entered into a Letter of Intent to acquire Applied Technology Solution Integrators, Inc. http://www.atsicorp.com, a leader in technology distribution to the financial service community. The partnership with Plus Solutions will provide Ellie Mae customers the ability to obtain Home Valuations directly from their loan origination desktops eliminating dial-up difficulties and redundant data entry.

Home Value Explorer(TM) is differentiated from other products in the automated valuation market by its ability to provide real national coverage. Home Value Explorer covers over 2,746 counties, including all 50 states plus the District of Columbia. Furthermore, this Freddie Mac valuation technology is rigorously tested and is actually used by Freddie Mac in its own daily operations.

"Joining forces with Plus Solutions 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 receive orders from over 100,000 broker desktops. In addition, the merger with Plus Solutions will allow us to better execute this contract and other large ones like it. We anticipate a long and mutually beneficial relationship with Ellie Mae," said Paul Harkins, CEO of ATSI (to become Plus Solutions).

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.

MortgageDaily.com
About Plus Solutions
Plus Solutions provides Internet based order management solutions under the brand name ExpressOrder(TM). Plus Solutions offers its clients the ability to reduce transaction and administrative costs associated with repetitive orders. Plus Solutions has previously announced business relationships with IBM and MMI Internetworking. For further information regarding the merger between Plus Solutions and Applied Technology Solution Integrators, please visit either website at http://www.plussolutions.com or http://www.atsicorp.com.

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 http://www.elliemae.com 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.

SOURCE:
Plus Solutions, Inc.
www.plussolutions.com

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