Alliances and Partnerships

Local Banks to Link Long Term Health with Long Term Wealth; New Program from LTC Financial Partners Helps It Happen

Author: LTC Financial Partners LLC
Dateline: Thu, 09 Feb 2006

freeNewsArticles Story Summary: “KIRKLAND, WA - Feb. 9 (SEND2PRESS NEWSWIRE) -- According to LTC Financial Partners (LTCFP), Northeast Bank, a subsidiary of Northeast Bancorp (AMEX: NBN) is the first regional or local bank to incorporate LTCFP's health-related support system into their financial advisory services in a formal way. 'We're already supporting national organizations,' says Dan Cahn, who heads the program for LTCFP.”



A R T I C L E:

KIRKLAND, WA (SEND2PRESS NEWSWIRE) -- According to LTC Financial Partners (LTCFP), Northeast Bank, a subsidiary of Northeast Bancorp (AMEX: NBN) is the first regional or local bank to incorporate LTCFP's health-related support system into their financial advisory services in a formal way. "We're already supporting national organizations," says Dan Cahn, who heads the program for LTCFP. "But Northeast is the first regional or local organization to engage us on a systematic basis. We expect to be supporting dozens of community and state banks very shortly." Todd Grove of Portland, a Partner of LTCFP, leads the support service in Maine and works closely with Northeast Bank.

The support service consists of expert consultation on the financial impact of long term care expenses. "People don't realize how exposed they are to catastrophic loss," says Cahn. "Long term care protection is the missing gap in our healthcare safety net. If a family member gets sick or injured, you can lose practically everything in short order." Ordinary health insurance and Medicare do not cover most long term care expenses, he points out. Grove adds, "The right LTC insurance, from the right carrier, is essential today -- to protect your money as well as your well-being."

*(Caption: Photo of Todd Grove, Partner, LTC Financial Partners LLC.)

Local banks will increasingly seek outside advice from long term care experts because, "they're realizing that without the right LTC planning, the best estate plan or investment portfolio can quickly dissolve. Bankers aren't experts on this form of insurance protection, so they need to rely on outside specialists," Cahn says.

The LTCFP bank support service is simple. When a bank has an at-risk customer, they call in one of LTCFP's experts, who provide detailed information on alternative carriers and policies, relevant tax legislation, and other factors. "With the long term care safety net in place, the financial advisor can then fine-tune the estate plan or investment portfolio, comfortable in the knowledge of a more secure outcome," says Cahn. The service works for smaller banks that do not offer financial advisory services, as well as for larger ones that do. All banks have a vested interest in long term care protection for their customers, Cahn points out. "When protected by insurance, people remain active bank customers longer. When unprotected customers have to start paying for long term care on their own dime, the first withdrawal usually signals the last time they'll ever make a deposit."

Northeast Bancorp, which announced its relationship with LTCFP on January 31, serves business and consumer customers in western, central and mid-coastal Maine. Northeast Bank offers financial planning and investments through their financial consultants who are also Registered Representatives of Commonwealth Financial Network, Member NASD.

National organizations already availing themselves of LTCFP's support service include the NRL Federal Credit Union, the National Network of Estate Planning Attorneys, major banking chains, and national wire houses.

An informational guidebook, offering LTC-related asset-protection facts, may be requested by bankers, independent financial advisors, or the public, at www.eranova.com/LTCFP/contact.htm.


About LTC Financial Partners LLC:

The company was founded in April, 2003 by Cameron Truesdell and Craig Smith, who were both principals of LTC Inc., a pioneering brokerage in the long-term care field. That company was sold to GE Capital. LTC Financial Partners is located in Kirkland, Washington, with a headquarters staff of 21 supplemented by outsourced service centers throughout the country. A fast-growing network of 160-plus Partners provides local advisory services in most states.




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Copyright © 2006 by LTC Financial Partners LLC and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

Story Title: Local Banks to Link Long Term Health with Long Term Wealth; New Program from LTC Financial Partners Helps It Happen
• REFERENCE KEYWORDS/TERMS: , , , , Alliances and Partnerships, , , .

IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limited/sensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the company/person mentioned in the text (LTC Financial Partners LLC); this site cannot assist you with information about products/services mentioned in the news article, nor handle any complaints or other issues related to any person/company mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Thu, 09 Feb 2006 11:19:00 GMT].

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Alliances and Partnerships

Cervalis and eXpertivity Mortgage Solutions Corp. Sign Partnership Agreement

Author: Cervalis, LLC
Dateline: Wed, 08 Feb 2006

freeNewsArticles Story Summary: “STAMFORD, CT - Feb. 8 (SEND2PRESS NEWSWIRE) -- Cervalis, a leading provider of premier IT infrastructure solutions, today announced that is has entered into a partnership agreement with eXpertivity Mortgage Solutions Corp. Under the agreement, eXpertivity will incorporate Cervalis' IT Infrastructure Services, Data Security and Protection, Business Continuity and Rapid Recovery solutions to provide its customers with Cervalis' high standards of business resilience and to help accelerate eXpertivity's rapid gain in the $5 billion mortgage processing market.”



A R T I C L E:

STAMFORD, CT (SEND2PRESS NEWSWIRE) -- Cervalis, a leading provider of premier IT infrastructure solutions, today announced that is has entered into a partnership agreement with eXpertivity Mortgage Solutions Corp. Under the agreement, eXpertivity will incorporate Cervalis' IT Infrastructure Services, Data Security and Protection, Business Continuity and Rapid Recovery solutions to provide its customers with Cervalis' high standards of business resilience and to help accelerate eXpertivity's rapid gain in the $5 billion mortgage processing market.

"We analyzed carefully the unique requirements of eXpertivity - multiple locations performing multiple elements of mortgage processing onshore and offshore execution, data security - and we are confident that our solutions can deliver against them," said Mike Boccardi, President and CEO of Cervalis. "We worked closely with the eXpertivity team in order to develop a comprehensive program which addresses these issues," added Mr. Boccardi.

"We are extremely impressed with the methodology Cervalis adapted as their standard for data security, disaster recovery and systems redundancy" said Ilan Nachmany, President and CEO of eXpertivity Mortgage Solutions Corp. "Using Cervalis' state of the art services will allow us to continue in our desire to provide the mortgage community with the highest quality and reliability level of processing services using the latest, most efficient technology."

"By choosing Cervalis, the market leader in data security, eXpertivity can assure its clients of their ongoing data protection," said Mike Boccardi, Cervalis President and CEO. "We are pleased to add eXpertivity to our list of customers and partners and are looking forward to a long term, mutually beneficial relationship."

Cervalis' state-of-the-art operations centers total more than 80,000 square feet of space. The company has achieved TruSecure Service Provider Certification and SAS 70 Type II Certification. Its operational processes and controls meet superior standards of security, reliability and availability. Cervalis is also a member of the Cisco Powered Network Program.

eXpertivity began operations earlier last year and has established itself as a leader and expert in the field of mortgage processing. The combination of eXpertivity's processing and technology offering, using the reliability of secured services offered by Cervalis, promises a high satisfaction experience for eXpertivity's customers.


About Cervalis

Cervalis is a premier provider of IT Infrastructure Services, Business Continuity and Rapid Recovery solutions that enable customers to achieve higher level of business resilience and accelerate the way companies meet their business objectives. Through its state-of-the-art, fault-tolerant Operations and Recovery Centers, Cervalis offers world-class customer support with the technology needed to scale complex environments reliably and cost effectively

To learn more about the Cervalis advantage, please visit www.cervalis.com or call toll-free 866-602-2020.


About eXpertivity

eXpertivity, the leading provider of Business Service Management (BSM) solutions to the mortgage industry, delivers technology-enabled services to help mortgage originators simply and easily take mortgages from application to closings. eXpertivity is privately held, with headquarters in Fairfield New Jersey. For more information regarding eXpertivity, visit www.expertivity.net.



For more information please contact:

Mr. Zack Margolis, Vice President
Cervalis, LLC
(203)-602-2044

Mr. Matt Golub, Chief Operating Officer
eXpertivity Mortgage Solutions Corp.
(973)-244-1844



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Copyright © 2006 by Cervalis, LLC and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

Story Title: Cervalis and eXpertivity Mortgage Solutions Corp. Sign Partnership Agreement
• REFERENCE KEYWORDS/TERMS: , , , , Alliances and Partnerships, , , .

IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limited/sensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the company/person mentioned in the text (Cervalis, LLC); this site cannot assist you with information about products/services mentioned in the news article, nor handle any complaints or other issues related to any person/company mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Wed, 08 Feb 2006 16:10:00 GMT].

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Alliances and Partnerships

SSB Technologies + BART Group Join Forces

Author: SSB Technologies + The BART Group
Dateline: Thu, 01 Dec 2005

freeNewsArticles Story Summary: “SAN FRANCISCO, CA - Dec. 1 (SEND2PRESS NEWSWIRE) -- SSB Technologies, Inc. (SSB) today announced that it hired the principals of the BART Group of McLean, Virginia. SSB will change its name to SSB + BART Group and operate in both Silicon Valley and Washington, DC. 'This combination combines the strengths of both organizations and extends the company's leadership role in IT accessibility. The national presence of SSB + BART Group and extensive work in public and private sector markets ensures our customers receive a full lifecycle accessibility solution,' said SSB founder and Managing Director Timothy Springer.”



A R T I C L E:

SSB + BART Group to provide national accessibility coverage and extended capabilities through combination

SAN FRANCISCO, CA (SEND2PRESS NEWSWIRE) -- SSB Technologies, Inc. (SSB) today announced that it hired the principals of the BART Group of McLean, Virginia. SSB will change its name to SSB + BART Group and operate in both Silicon Valley and Washington, DC. "This combination combines the strengths of both organizations and extends the company's leadership role in IT accessibility. The national presence of SSB + BART Group and extensive work in public and private sector markets ensures our customers receive a full lifecycle accessibility solution," said SSB founder and Managing Director Timothy Springer.

Under this combination, SSB + BART Group will continue to operate offices in Silicon Valley and Washington DC. Mr. Springer, of SSB, will serve as the Chief Executive Officer of the company and Mrs. Smith, of the BART Group, will serve as the VP of Public Sector operations. The combination was officially completed on October 1, 2005 and operation integration activities are scheduled to be completed March 31, 2006. All current contracts for BART Group will continue to be honored on an ongoing bass by SSB + BART Group.

"With the successful completion of over 1000 accessibility projects between our companies and extended capabilities under the AMP 2006 platform, we are very excited about the opportunities already being addressed," said BART Group Founder and President, Mary Jean Smith.


About SSB Technologies

SSB Technologies, with headquarters in San Francisco, CA provides solutions that resolve the business risks and reduce costs associated with inaccessible Information Technology (IT) systems across domestic and international standards. SSB's proven Accessibility Management Platform (AMP) 2006(TM) solution provides detailed, metrics based business and technical services required to transform accessibility from a liability into a competitive advantage.

With over 350 customers, 600 successfully completed projects, and award-winning software, SSB has the experience and expertise to ensure that an organization reaches its accessibility goals in a cost effective fashion. http://www.ssbtechnologies.com


About BART GROUP

BART Group, with headquarters in McLean, VA provides quality in-house disabled user accessibility testing and repair services for government and business clients. BART Group specializes in access solutions, JAWS scripting services, employee accommodation and Call Center provisioning for people who are blind or visually impaired and for agencies and companies that must meet section 501, 504 and 508 requirements.

BART Group provides customized training on all facets of adaptive technology including instruction of individuals and groups who are blind or visually impaired on the use of assistive hardware and software.



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Copyright © 2005 by SSB Technologies + The BART Group and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

Story Title: SSB Technologies + BART Group Join Forces
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Alliances and Partnerships

City of Los Angeles Information Technology Agency and HENAAC Partner to Develop Professional Internship Program

Author: HENAAC
Dateline: Tue, 04 Oct 2005

freeNewsArticles Story Summary: “LOS ANGELES, Calif. - Oct. 4 (SEND2PRESS NEWSWIRE) -- On October 3, 2005, HENAAC and the City of Los Angeles Information Technology Agency (ITA) signed an important Memorandum of Agreement (MOA) which would allow HENAAC to support the development of a professional internship program, increase educational and professional development opportunities and assist ITA in meeting its workforce development objectives. The MOA was signed by Mayor Antonio Villaraigosa and HENAAC Chair and CEO Raymond Mellado.”



A R T I C L E:

LOS ANGELES, Calif. - Oct. 4 (SEND2PRESS NEWSWIRE) -- On October 3, 2005, HENAAC and the City of Los Angeles Information Technology Agency (ITA) signed an important Memorandum of Agreement (MOA) which would allow HENAAC to support the development of a professional internship program, increase educational and professional development opportunities and assist ITA in meeting its workforce development objectives. The MOA was signed by Mayor Antonio Villaraigosa and HENAAC Chair and CEO Raymond Mellado.

Both HENAAC and ITA recognize that America's future workforce will be comprised of diverse individuals with valuable talents and strengths and that technical literacy is critical to continue improving efficiencies, increasing savings and provide excellent services to the residents of the City of Los Angeles.

HENAAC will solicit and obtain monetary contributions, disseminate information concerning the internship program among colleges and universities, and encourage college students and professionals to consider ITA as an employer of choice.

Students participating in each two-year internship program will work up to 40 hours per week while completing their university coursework. Participants will rotate through unique assignments which will serve to expose them to the major areas of importance for the particular professional discipline in which the participants are being developed.

To be eligible to participate in the internship program, students must be at the junior, senior or graduate level in a recognized university or educational institution and must be majoring in business, engineering (electrical, electronic or computer), computer information systems, or business information systems.

All applicants must have a minimum 3.0 GPA. HENAAC will provide the initial screening for all applicants and identify candidates who have demonstrated exceptional potential and will schedule them for an interview with the ITA's Internship Selection Committee.

More information: http://www.henaac.org


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Copyright © 2005 by HENAAC and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

Story Title: City of Los Angeles Information Technology Agency and HENAAC Partner to Develop Professional Internship Program
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IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limited/sensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the company/person mentioned in the text (HENAAC); this site cannot assist you with information about products/services mentioned in the news article, nor handle any complaints or other issues related to any person/company mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Tue, 04 Oct 2005 15:25:00 GMT].

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Alliances and Partnerships

Reaction Biology Corporation and Key Organics Ltd Announce Drug Discovery Collaboration

Author: Reaction Biology Corporation
Dateline: Mon, 29 Aug 2005

freeNewsArticles Story Summary: “MALVERN, PA and CORNWALL, UK - August 29 (SEND2PRESS NEWSWIRE) -- Reaction Biology Corporation ('RBC') and Key Organics Ltd ('Key') today announced that they have created a Joint Venture ('JV') to engage in high throughput drug discovery. The purpose of the JV is to identify a series of compounds with the potential of becoming new drugs with further research.”



A R T I C L E:

MALVERN, PA and CORNWALL, UK - August 29 (SEND2PRESS NEWSWIRE) -- Reaction Biology Corporation ("RBC") and Key Organics Ltd ("Key") today announced that they have created a Joint Venture ("JV") to engage in high throughput drug discovery.

The purpose of the JV is to identify a series of compounds with the potential of becoming new drugs with further research, and then to partner or sell the compounds to pharmaceutical companies interested in the selected targets. Key supplies diverse sets of compounds synthesized in-house using classical organic procedures optimized for primary screening of druggable targets. RBC's DiscoveryDot(TM) microarray technology reduces screening volumes to one nanoliter size, allowing large scale screening at low cost.

The companies plan to jointly select appropriate drug targets. Key will provide compounds for screening against these targets using RBC's DiscoveryDot(TM) screening technology. Key will then provide additional chemical analysis and compound synthesis, and RBC will perform additional screening and profiling. The companies will then collaborate on further development of selected compounds.


About Reaction Biology Corporation

Reaction Biology, based in Malvern, Pa., provides high throughput screening services to the biotechnology and pharmaceutical industries. The company uses a patent-pending combination of technologies to perform screening at the nanoliter scale, while preserving quality, speed and simplicity.

Combining genomics microarray printing technology and picoliter aerosol deposition, RBC has commercialized a novel technology that drives HTS to new levels of simplicity and efficiency. www.reactionbiology.com


About Key Organics Ltd.



Key Organics Limited was formed in 1986 to supply schemes of novel, benzenoid and heterocyclic chemistry to its customers under confidentially agreements. During Key's growth over the last 18 years, custom and contract synthesis and lead optimisation programmes for clients worldwide have become an increasingly important part of its business.

The Company is based at its own well-equipped multi-lab site in Camelford, Cornwall, UK. Key Organics employs Graduate and Ph.D. chemists, including medicinal chemists, with experience in a wide range of chemical techniques and technologies. Key Organics is able to supply mg to kg quantities of compounds to a high specification. www.keyorganics.ltd.uk




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Copyright © 2005 by Reaction Biology Corporation and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

Story Title: Reaction Biology Corporation and Key Organics Ltd Announce Drug Discovery Collaboration
• REFERENCE KEYWORDS/TERMS: , , , , Alliances and Partnerships, , , .

IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limited/sensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the company/person mentioned in the text (Reaction Biology Corporation); this site cannot assist you with information about products/services mentioned in the news article, nor handle any complaints or other issues related to any person/company mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Mon, 29 Aug 2005 12:04:00 GMT].

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Alliances and Partnerships

First American Nationwide Documents Partners with ComplianceEase to Deliver Automated Mortgage Compliance

Author: ComplianceEase
Dateline: Thu, 18 Aug 2005

freeNewsArticles Story Summary: “SAN FRANCISCO, Calif. - August 18, 2005 (SEND2PRESS NEWSWIRE) -- First American Nationwide Documents, NYSE: FAF, a member of The First American Corporation family of companies; and ComplianceEase(R), a division of LogicEase Solutions Inc., announced today a strategic alliance to integrate ComplianceEase's ComplianceAnalyzer(TM) with First American's Document Management System, FAF, First American”



A R T I C L E:

SAN FRANCISCO, Calif. - August 18 (SEND2PRESS NEWSWIRE) -- First American Nationwide Documents, a member of The First American Corporation family of companies; and ComplianceEase(R), a division of LogicEase Solutions Inc., announced today a strategic alliance to integrate ComplianceEase's ComplianceAnalyzer(TM) with First American's Document Management System. The integration creates a seamless interface between First American's solution, which automates all document production, management functions and workflow tasks; and ComplianceAnalyzer, an Internet-based technology that automates regulatory compliance processes, especially in the areas of federal, state and local high-cost and anti-predatory lending regulations.

"Integrating ComplianceAnalyzer into the First American platform will strengthen the compliance value to the loan-cycle workflow, allowing customers simple, one-click access to comprehensive regulatory compliance reviews," said Dan Solomon, director of client services for First American Nationwide Documents.

Unlike traditional "doc prep" systems, First American Nationwide Documents provides a centralized and paperless value chain portal with total collaborative knowledge and real-time participation in all loan activities. Combining this closing system with ComplianceAnalyzer will enable First American customers to automatically identify instances of noncompliance and explain them in narrative findings reports. In a matter of seconds, the online system renders real-time decisions and automatically calculates a color-coded RiskIndicator(TM), signaling the level of risk of noncompliance.

"In today's ever-changing regulatory environment, lenders are faced with new compliance challenges on a daily basis," said David Girling, executive vice president of ComplianceEase. "First American recognizes these challenges and has brought together their core competency of providing document solutions with our specialized risk management solutions in order to help clients eliminate costly errors, improve loan quality and, most importantly, prevent salability issues in the secondary market."



About First American Nationwide Documents

First American Nationwide Documents is the nation's largest mortgage loan document preparation company producing loan documents for first- and second-lien mortgage loans, as well as for home equity and construction loans. The company offers electronic ordering systems developed to transfer data directly from the client's loan origination system directly to First American's system or clients may also use ProDirect(TM), a Windows(R)-based software system, to input data which is transmitted electronically to First American Nationwide Documents. Electronic orders are delivered in seconds to any designated site using DocConnect(TM), an Internet delivery mechanism.


About The First American Corporation

The First American Corporation (NYSE: FAF), a Fortune 500 company that traces its history to 1889, is the nation's largest data provider. First American combines advanced analytics with its vast data resources to supply businesses and consumers with valuable information products to support the major economic events of people's lives, such as getting a job, renting an apartment, buying a car or house, securing a mortgage and opening or buying a business. The First American Family of Companies, many of which command leading market share positions in their respective industries, operate within six primary business segments, including: Title Insurance and Services, Specialty Insurance, Mortgage Information, Property Information, Credit Information and Screening Information. With revenues of $6.72 billion in 2004, First American has 31,000 employees in approximately 2,000 offices throughout the United States and abroad. More information about the company and an archive of its press releases can be found at www.firstam.com.


About ComplianceEase

ComplianceEase, a division of LogicEase Solutions Inc., headquartered in San Francisco, CA, is the premier provider of intelligent business solutions to the financial services industry. Its ComplianceEase Web-based platform provides the industry's first automated compliance solution utilizing advanced artificial intelligence reasoning and decisioning technologies as well as natural language processing. ComplianceEase powers beginning-to-end solutions at a fraction of the time and cost of traditional approaches, while providing better accuracy and integrity. ComplianceEase also provides professional services, and consulting services. For more information on ComplianceEase, visit www.ComplianceEase.com.

For more information about this news release, contact: Erik Koland, of ComplianceEase at 650.373.1111 x1132 or e.Koland@complianceease.com.



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Copyright © 2005 by ComplianceEase and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

Story Title: First American Nationwide Documents Partners with ComplianceEase to Deliver Automated Mortgage Compliance
• REFERENCE KEYWORDS/TERMS: , , , , Alliances and Partnerships, , , .

IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limited/sensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the company/person mentioned in the text (ComplianceEase); this site cannot assist you with information about products/services mentioned in the news article, nor handle any complaints or other issues related to any person/company mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Thu, 18 Aug 2005 15:08:00 GMT].

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Alliances and Partnerships

Portellus and ComplianceEase Form Strategic Partnership

Author: Portellus, Inc.
Dateline: Thu, 11 Aug 2005

freeNewsArticles Story Summary: “IRVINE and BURLINGAME, Calif. - August 11 (SEND2PRESS NEWSWIRE) -- Portellus Inc., a leading provider of technology tools and services for the financial services industry, and ComplianceEase(R), a division of LogicEase Solutions Inc., a premier provider of regulatory compliance and risk management solutions, announced the formation of a strategic partnership that has integrated ComplianceEase's automated compliance solution, ComplianceAnalyzer(tm) into the Compliance Engine of Portellus' Loan Origination System (LOS).”



A R T I C L E:

Alliance Helps Lenders More Efficiently Manage Mortgage Compliance

IRVINE and BURLINGAME, Calif. - August 11 (SEND2PRESS NEWSWIRE) -- Portellus Inc., a leading provider of technology tools and services for the financial services industry, and ComplianceEase(R), a division of LogicEase Solutions Inc., a premier provider of regulatory compliance and risk management solutions, announced the formation of a strategic partnership that has integrated ComplianceEase's automated compliance solution, ComplianceAnalyzer(tm) into the Compliance Engine of Portellus' Loan Origination System (LOS).

ComplianceAnalyzer is a leading automated compliance solution that provides rapid response times and accurate audit results both of which are critical in today's fast changing and demanding regulatory environment. By utilizing Java and XML technology native to Portellus' technology platform, lenders can dramatically reduce the costs associated with ensuring loan-level compliance against the various federal, state, and municipal legislation. With ComplianceAnalyzer embedded into Portellus' Lending Compliance Engine, lenders of all sizes can successfully manage the risks associated with regulatory compliance while helping lenders increase the velocity of their origination.

Harbourton Mortgage Investment Corp. (HMIC), a Calif.-based national wholesale lender, will be the first lender to utilize the integrated solution and is slated to go live in October.

"The integration of ComplianceAnalyzer into Portellus' LOS creates out-of-the-box functionality and integration that would otherwise have required time consuming and costly development work," said Skip Hulme, director of lending solutions at Portellus Inc. "This partnership delivers a quick and easy-to-implement compliance engine that utilizes the powerful ComplianceEase platform to offer lenders a seamlessly integrated, comprehensive, up-to-the-minute automated compliance solution."

"The Web-based technology and rules-based decisioning utilized by both ComplianceEase and Portellus each create a number of synergies between the two companies", said David Girling, executive vice president of ComplianceEase. "ComplianceEase and Portellus are a natural fit, and will allow mortgage originators of all sizes to audit up to 100% of their loan production, effectively mitigating operational risk with the click of a button from Portellus's loan origination platform."

ComplianceAnalyzer is supported by an exhaustive legal rules library and utilizes advanced rules-based decisioning. The solution organizes results of mortgage compliance reviews with threshold and variance analyses, individual itemizations of points and fees tests, reasoning, calculations, and citations of relevant legislation in one easy-to-read report.

The companies say that the integration is available by request through Portellus' loan origination system.

About ComplianceEase(R)

ComplianceEase, a division of LogicEase Solutions Inc., is the provider of ComplianceAnalyzer and other premier risk management solutions to the financial services industry. ComplianceAnalyzer, the most advanced and widely used automated mortgage compliance solution, enables lenders to more effectively and efficiently comply with federal, state and municipal lending laws at a fraction of the cost of traditional approaches. ComplianceEase, founded in 2000, is based in San Francisco with offices in Orange County, Manhattan and Redmond, WA. For more information, visit www.ComplianceEase.com.

About Portellus

Headquartered in Irvine, Calif., Portellus Inc. is a leader in the application of Service-Oriented Architecture (SOA) for the mortgage banking and insurance industries. The company's Decision Management Solution, Business Rules Management System, Mortgage Solutions Framework, and Insurance Rating and Underwriting Engine seamlessly integrate with existing systems to enable clients to gain competitive advantages, reduce costs, mitigate risk, increase profitability and enter new markets. For more information, visit www.portellus.com or call 949-250-9600.


For more information regarding this news release, contact:

Joe Bowerbank of Portellus Inc. +1-949-250-9600, ext. 250, jbowerbank @ portellus.com

Michael Chan of LogicEase Solutions Inc. +1-650-373-1111, ext. 1120, m.chan @ ComplianceEase.com




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Copyright © 2005 by Portellus, Inc. and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

Story Title: Portellus and ComplianceEase Form Strategic Partnership
• REFERENCE KEYWORDS/TERMS: , , , , Alliances and Partnerships, , , .

IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limited/sensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the company/person mentioned in the text (Portellus, Inc.); this site cannot assist you with information about products/services mentioned in the news article, nor handle any complaints or other issues related to any person/company mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Thu, 11 Aug 2005 12:00:00 GMT].

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Alliances and Partnerships

American Finance Corp. Announces Agreement with Grifco International

Author: American Finance Corp.
Dateline: Tue, 28 Jun 2005

freeNewsArticles Story Summary: “NEW YORK, NY and LONDON, UK - June 28 (SEND2PRESS NEWSWIRE) -- The American Finance Corp. today announced that is has entered into an agreement with Grifco International (OTC: GFCI) to provide financial and credit advisory assistance in connection with Grifco's Lyamec facility. The retention of American Finance Corp. by Grifco International will become effective on June 30th, 2005.”



A R T I C L E:

NEW YORK, NY and LONDON, UK - June 28 (SEND2PRESS NEWSWIRE) -- The American Finance Corp. today announced that is has entered into an agreement with Grifco International (OTC: GFCI) to provide financial and credit advisory assistance in connection with Grifco's Lyamec facility. The retention of American Finance Corp. by Grifco International will become effective on June 30th, 2005.

Credit facility and financial processing services to be provided by American Finance as part of the agreement include access to 40 Million USD in export facilities including the sale and merger of Global Oil Tools, Inc., as well as Grifco's Jet motor and nozzle units currently awaiting delivery.

The agreement between American Finance Corp., and Grifco International further calls for structuring, negotiating and effecting all transactions pursuant to the terms and conditions set forth in the agreement. Terms further provide options which include refinancing and/or the extension of Global Oil Tools Inc.'s current outstanding obligations.

Today's agreement clears the way for distribution in Libya, Egypt, Algeria, including Gabon, Congo, Cameroon, Tunisia, Equatorial Guinea, the Democratic Republic of Congo, and Cote d'Ivoire, which is currently in negotiations with The Lyamec Corporation and Global Oils Tools, Inc.


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Copyright © 2005 by American Finance Corp. and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

Story Title: American Finance Corp. Announces Agreement with Grifco International
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Alliances and Partnerships

The Lyamec Corporation and Grifco International Make Amends on Global Oil Tools Acquisition

Author: The Lyamec Corporation
Dateline: Thu, 09 Jun 2005

freeNewsArticles Story Summary: “HOUSTON, TX - June 9 (SEND2PRESS NEWSWIRE) -- The Lyamec Corporation (www.lyamec.com), an investment related franchise distribution and merchandising agreement corporation, today announced that in an emergency session called by The Lyamec Corporation, Global Oil Tools, and Grifco International (OTC Pink Sheets: GFCI), the Lyamec Corporation agreed to give Grifco International an additional 30 day exclusive option to buy Global Oil Tools. Surprisingly, the terms of the new deal are better than those previously agreed to by Grifco International and Global Oil Tools.”



A R T I C L E:

HOUSTON, TX - June 9 (SEND2PRESS NEWSWIRE) -- The Lyamec Corporation (www.lyamec.com), an investment related franchise distribution and merchandising agreement corporation, today announced that in an emergency session called by The Lyamec Corporation, Global Oil Tools, and Grifco International (OTC Pink Sheets: GFCI), the Lyamec Corporation agreed to give Grifco International an additional 30 day exclusive option to buy Global Oil Tools. Surprisingly, the terms of the new deal are better than those previously agreed to by Grifco International and Global Oil Tools.

The no-cost option would allow Grifco International to buy Global Oil Tools under the newly developed manufacturing and distribution center deal in Libya, facilitated by The Lyamec Corporation. Lyamec's ongoing overall project development draft agreement and market development and project management terms includes a $20 million USD parts and tools order as part of the overall package on Global.

"This should fit into the company's overall portfolio and will definitely add to their internal growth as well as shareholder returns," said R. Raymond, President of Lyamec Corporation. "I never really had the pleasure to meet face to face with CEO Jim Dial. I was originally introduced to Jim through other parties who contributed to some tension in our earlier negotiations. Now that I know Jim better, I truly admire and have great respect for him. Under the circumstances, I wish we had gotten to know each other much earlier and under better circumstances."

"Sometimes it has to get worse for it to get better," said W.J. Barnhill, President of Global Oil Tools. "I am very happy with what's on the table and I believe that Ray and Jim had to get to know each other better, and they did. I believe the sincerity that I saw between these two men fortified a win/win position for all concerned. In this particular instance I must say, it really did take three to tango."

In conjunction with this transaction, The Lyamec Corporation has committed $3 million USD in equity capital in this investment agreement with participants and private investment groups directly related to the cost of the total project -- in addition to the $20 million USD order to kick start the 24,000 square foot facility.

As already approved by Libya's Foreign Investment authorities, immediate benefits for Grifco International would include: full exemptions from custom duties, no taxation on Grifco's income for up to 8 years, and a competitive manufacturing and distribution edge in the region. An already allocated 15% equity participation incentive to local Libyan government agencies, and distribution rights to other markets, indicated that this will be an extremely positive and successful opportunity that shareholders will appreciate.

"Our job is to bring positive solutions to both Grifco, and Global, while also serving our own interests in the long run," said Raymond. "This is a win/win scenario for all. Grifco is led by a smart and qualified CEO at the helm who has the oversight capabilities to see this through to completion, expand their presence, and reach out to profitable markets."


About Lyamec

The Lyamec Corporation, a Texas Corporation, was established in 1999 to fulfill the existing and expanding demand for US made products for specific Libyan market segments as outlined in the trade policy announced by President Clinton on April 28, 1999. The Lyamec Corporation efficiently and economically assists American Corporations in developing new more effective sales and distribution channels in Libya. Lyamec & Associates is the legal and commercial advisory arm of The Lyamec Corporation which has built a solid base for positively addressing legal and commercial issues for foreign investors in Libya.

For More information, Contact: R G Raymond, of The Lyamec Corporation, +1-281-599-8990.

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Copyright © 2005 by The Lyamec Corporation and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

Story Title: The Lyamec Corporation and Grifco International Make Amends on Global Oil Tools Acquisition
• REFERENCE KEYWORDS/TERMS: , , , , Alliances and Partnerships, , , .

IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limited/sensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the company/person mentioned in the text (The Lyamec Corporation); this site cannot assist you with information about products/services mentioned in the news article, nor handle any complaints or other issues related to any person/company mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Thu, 09 Jun 2005 17:18:00 GMT].

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Alliances and Partnerships

LBA Group to Distribute TOMCO Test Equipment in North and South America

Author: LBA Technology, Inc.
Dateline: Thu, 28 Apr 2005

freeNewsArticles Story Summary: “RALEIGH, NC - April 28 (SEND2PRESS NEWSWIRE) -- LBA Group, Inc. (www.lbagroup.com) today announced the signing of an exclusive distribution agreement for North and South America between its subsidiary LBA Technology, Inc. and Tomco Technologies (www.tomco.com.au) of Norwood, Australia. The agreement includes Tomco's TE1000 line of RF Vector Voltmeters as well as access to its lines of high power amplifiers and transmitters.”



A R T I C L E:

RALEIGH, NC - April 28 (SEND2PRESS NEWSWIRE) -- LBA Group, Inc. (www.lbagroup.com) today announced the signing of an exclusive distribution agreement for North and South America between its subsidiary LBA Technology, Inc. and Tomco Technologies (www.tomco.com.au) of Norwood, Australia. The agreement includes Tomco's TE1000 line of RF Vector Voltmeters as well as access to its lines of high power amplifiers and transmitters.



Photo Caption: Tomco TE 1000 RF Vector Voltmeter.

"The Tomco TE1000 represents the most cost effective RF Vector Voltmeter available today for sub-UHF applications, with the accuracy and features of units that cost five times as much," said Lawrence Behr, CEO of LBA. "This impedance measurement system is an excellent fit with the needs of customers already using LBA radio frequency products and services."

The TE1000 measures vector impedance, VSWR, return loss and more, in one lightweight, battery-powered package. The package also includes Windows software which enables a wide array of additional swept data capture, display, and control options when used with a laptop computer. Typical applications include AM/FM broadcasting, communications systems, precise cable fabrication, on-board testing, and research.

In addition, LBA will offer Tomco's line of high performance RF amplifiers. These broadband amplifiers are available in a range of frequency bands from 40 kHz to 500 MHz, and peak power levels ranging from 50 watts to 8 kW. Tomco's RF amplifiers are extremely stable and rugged, and are suited to a wide variety of applications. These include transmitters, EMI test sources, magnetic resonance, pulsed radar and RF heating.

For more than 30 years LBA Technology, Inc., a unit of the LBA Group, has been designing and manufacturing sophisticated antenna tuning and coupling systems for commercial and government users throughout the world. LBA systems operate in the low, medium and high frequency radio bands at power levels from 1000 to over 100,000 watts. LBA also makes flexible and transportable transmitting stations from man-pack to C-130 flyaway configurations. LBA facilities are located in Greenville, NC and Corona, CA.

Tomco was founded in 1986 as an RF engineering business that today supplies a broad range of RF hardware in the LF to UHF frequency ranges into scientific, commercial, and industrial markets worldwide. Tomco is based near Adelaide, Australia.

For further information, please visit: www.lbagroup.com or www.tomco.com.au

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Copyright © 2005 by LBA Technology, Inc. and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

Story Title: LBA Group to Distribute TOMCO Test Equipment in North and South America
• REFERENCE KEYWORDS/TERMS: , , , , Alliances and Partnerships, , , .

IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limited/sensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the company/person mentioned in the text (LBA Technology, Inc.); this site cannot assist you with information about products/services mentioned in the news article, nor handle any complaints or other issues related to any person/company mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Thu, 28 Apr 2005 18:44:00 GMT].

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