Actuate Web Reporting Key to Successful Online Mortgage Lending.

SAN MATEO, Calif.--(BUSINESS WIRE)--March 3, 1999--

Actuate Reporting System Provides Foundation For Framework's

Online Mortgage Lending Software

Actuate(R) Software Corporation (NASDAQ: ACTU), the leader in Enterprise Reporting, today announced that Framework, Inc. has embedded the Actuate Reporting System into the first Web-based version of its mortgage lending software, MortgageMaker(TM). Actuate's Web-based reporting system allows online mortgage companies to provide premium customer service by efficiently gathering data and providing customers with immediate access to the most current loan information available. The Actuate Reporting System enables Framework customers to greatly decrease the time and costs of mortgage processing by enabling customers to easily access mortgage information and submit loan processing documents via the Web.

"Mortgage lenders are becoming increasingly dependent on the Internet to reach customers, but are not equipped to cope with the growing volume of applications and sales leads," said Dan McClure, president of Framework Inc. "We designed MortgageMaker to support unlimited numbers of Internet users and data volumes, and we needed a reporting system designed for the same challenging environment. We chose Actuate because it is the leading Web-based enterprise reporting solution, and the only one built on a true Web architecture."

Successful online mortgage lending systems must be able to find the right loan for each customer and provide the scalability to support enormous volumes of Internet-connected users. By leveraging Actuate's Web-based reporting technology, MortgageMaker can successfully deliver on these promises. The combined solution can efficiently gather data from any data source, rapidly create reports and distributes them to customers via the Web. With Actuate as the reporting technology, MortgageMaker can deliver complex high-quality loan documents straight to the user via the Internet. Over 100 unique Actuate reports supply all interim and final loan processing and closing documents, including loan applications, disclosure forms, and good faith estimates. Reports can be dynamically customized to meet each applicant's needs based on their criteria and local regulations.

"With more and more applications moving to the Web, Actuate is becoming the standard for Web reporting," said Nico Nierenberg, CEO of Actuate Software Corporation. "The success of the mortgage industry is growing increasingly dependent upon its ability to provide customers with easy online access to critical data. By leveraging the power of the Internet, the Actuate Reporting System provides customers in every industry access to data whenever and wherever they want it."

Unlike other mortgage lending applications, MortgageMaker directly involves the consumer throughout the entire mortgage application process - increasing the efficiency of gathering data and improving customer satisfaction. This customer-driven paradigm requires a technology framework that is both extremely scalable and able to support large volumes of Internet-connected users. The Actuate Reporting System was designed and optimized for the Web. Its Web-based architecture and scalability was built to support an unlimited number of Internet users and data volumes.

About Framework, Inc.

Framework, Inc. builds large-scale, high-performance, enterprise networked software products. Framework employs reusable software objects and application frameworks (CORE(TM)) and has an innovative methodology (RAMP(TM)) for implementing customized applications quickly, reliably, and with less risk. For additional information about MortgageMaker(TM), contact Framework, Inc. at [e-mail], or visit www.mortgage-maker.com, or call 914/631-2322.

About the Actuate Reporting System

The Actuate Reporting System allows organizations to rapidly develop, generate and distribute reports throughout the enterprise via the Internet, thereby increasing access to and the value of corporate data. The Actuate Reporting System provides a scalable, dynamic reporting platform that can meet the Enterprise Reporting needs of organizations of any size. Actuate's Live Report Documents(R) feature rich interactive capabilities that enable users to more effectively access information. Actuate's adaptable environment allows developers to create reports from any data source and in any format required by users. Actuate's Web-based Report Server contains a unique report distribution technology called Virtual Report Distribution(TM) that scales to support thousands of users around the world accessing thousands of report pages. Architected specifically for the Internet, Actuate can be seamlessly integrated into any Web site, and ReportCast technology can target the delivery of reports through Internet channels to categories of subscribed users.

About Actuate Software Corporation

Actuate Software Corporation (NASDAQ: ACTU), the leader in Enterprise Reporting, is meeting the information access needs of the corporate enterprise. The Actuate Reporting System, including ReportCast, securely and efficiently delivers corporate reports to an enterprise of users. Actuate's customers include some of the largest financial services, telecommunications, health care and media companies. Software vendors reselling Actuate solutions include PeopleSoft, Siebel, Netscape Communications Corporation, Clarify, Vantive, Progress Software, Ariba and Ascend. Founded in 1993, and headquartered in San Mateo, Calif., Actuate has offices worldwide. For more information on Actuate, visit the company's Web site at http://www.actuate.com.

Note to Editors: Actuate, Live Report Documents, Report Encyclopedia and ReportCast are registered trademarks of Actuate Software Corporation. Actuate XML Reports, Live Report Extensions, ReportBlast, Transporter and Virtual Report Distribution are trademarks of Actuate Software Corporation. All other products and corporate names referenced are trademarks of their respective companies.