Advectis Builds BlitzDocs(R) Connector for Citigroup.

Solution Reduces Paper and Costs of Loan Delivery from Correspondent Sellers

ATLANTA -- Advectis[R], Inc., provider of the most widely used solution for electronic mortgage document collaboration, announced that it has released BlitzDocs Connector for New York-based Citigroup. Citigroup has also become a BlitzDocs Networked Investor.

BlitzDocs Connector will enable loan document image delivery from correspondent sellers to New York-based Citigroup. As a BlitzDocs Networked Investor, Citigroup is prepared to receive imaged loan documents from any lenders using the BlitzDocs Collaboration Suite.

"At Citigroup, we are committed to providing a paperless delivery mechanism for our correspondent sellers," said Ann Busalacki, vice president data transfer process from Citigroup. "We are excited that lenders who use BlitzDocs are able to ship loan documents electronically to Citigroup using the BlitzDocs Connector."

With a single mouse click, BlitzDocs Connector allows correspondent sellers to deliver mortgage loan documents to an investor's or due diligence provider's proprietary document management or image archiving systems. BlitzDocs Connector, a component of the BlitzDocs Collaboration Suite, collects individual or multiple loan packages and their associated documents and provides automatic mapping of document types and names between parties. BlitzDocs Connector also provides lenders the ability to easily manage stipulations and synchronize documents between parties.

"By using BlitzDocs Connector we have already reduced our post-closing and shipping costs and decreased our turn time," said Rebecca Wegman, executive vice president and chief operating officer at Golden Empire Mortgage, a correspondent seller to Citigroup. "The immediate delivery provides faster stipulation resolution."

"By accepting images instead of paper, more and more investors make it easier for all participants in the process to complete a transaction," said Mike Parham, vice president of business development at Advectis. "Our relationships with companies, such as Citigroup, illustrate the growing adoption of the BlitzDocs collaborative document network by mortgage industry participants."

About Citigroup

Citigroup, the leading global financial services company has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney and Banamex. Additional information may be found at www.citigroup.com.

About Advectis, Inc.

Advectis, Inc. provides the mortgage industry's most widely-used solution for electronic document collaboration. The Web-based BlitzDocs Collaboration Suite provides access to the BlitzDocs collaborative electronic document network where participants capture, submit, underwrite, audit, share, deliver and archive loan documents. BlitzDocs customers benefit from a network with more than 20,000 broker shops, the top seven mortgage insurance companies and three of the top due diligence providers. Collectively, BlitzDocs investor participants represent more than 50 percent of loans purchased in the secondary market. For more information call [phone] or visit www.advectis.com.