Byte Software Creates SQL Server-Based Version of BytePro.

PHILADELPHIA -- Byte Software, a leading provider of mortgage lending software solutions, announced today at the National Association of Mortgage Brokers Annual Conference the creation of BytePro Enterprise, the latest release to their expanding product line. Based on service-oriented architecture and using Microsoft(R) SQL Server technology, BytePro Enterprise is a comprehensive, enterprise level solution that enables mortgage originators to save time and improve workflow in a more secure, scalable and flexible environment.

Using SQL Server is a huge advantage; all of the loan data - from the loan files to all settings - are contained in a central database. For a company with multiple branches, storing the information in a central location enables management to view the entire pipeline quickly without first having to aggregate widespread data.

"One of the features that we find the most useful about BytePro Enterprise is that it runs off a SQL database and that it has an open architecture," said Chris Christensen, SVP of Century Bank. "The software also empowers management to use business rules to control who has access to the loan, allowing us to proactively preserve the integrity of the data, making the process much more secure to guarantee accuracy."

BytePro Enterprise also enables management to capitalize on security permissions to control access to information. By restricting the ability of personnel to view or modify loan files, management is protecting its customer data as well ensuring the data is as accurate as possible.

From a workflow management view, business rules can be set to dictate what conditions the loan must meet before moving to the next processing stage. As a result, the loan package is accurate the first time, and the entire organization runs more efficiently by conforming to the same set of standards.

Other unique features of BytePro Enterprise are the audit and print logs, both available to management as a training and security tool. This tool can be critical, particularly for compliance, as management can gain confidence that the proper disclosures are sent within the necessary time frame.

The BytePro Enterprise application has the ability to synchronize first and second piggyback loans, built-in workflow management tools, and an enhanced MISMO closing document interface. Additionally, brokers, loan officers and processors have the advantage of interfacing with an extensive selection of vendors, from credit bureaus to lenders, appraisers, settlement services and closing document companies.

"In today's competitive environment, it is crucial for LOS providers to offer more robust and sophisticated technology to their customers," said Joe Herb, general manager of Byte Software. "At Byte Software, we are committed to developing new solutions that build on our success. In March, we released BytePro Online, giving users remote access to their loan data. Building on that momentum, we created BytePro Enterprise, which leverages SQL Server to provide unparalleled security and control over the origination process.

According to company officials at Century Bank, the company has been using Byte software since 2000. The bank considered using other software, however, after soliciting feedback from its processors, the decision was made to continue with Byte, citing ease-of-use and user-friendly features.

About Century Bank

Organized in 1900, Century Bank has 450 employees in 25 full service offices located in Texas and Arkansas. As of March 31, 2006, it had $1.06 billion total assets including $804 million in loans, $940 million in deposits, and $74 million in total capital. Its trust division also manages more than $71 million in assets.

About Byte Software

Byte Software is a leading provider of loan origination software to brokers, banks and credit unions. The BytePro solution streamlines all the processes used by originators and processors, allowing them to close more loans in less time. In 2006, the company released two additions to its BytePro product line, BytePro Online and BytePro Enterprise, expanding its ability to serve the growing needs of the mortgage community. To learn more about Byte Software, visit www.bytesoftware.com or call 1-800-695-1008.