Emergis Selected by Fiserv to Deliver Electronic Partner Connection.MCLEAN, Va. -- Emergis Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :EME n. 1. An uncle. ) today announced that Fiserv Lending Solutions, a unit of Fiserv, Inc. (Nasdaq:FISV FISV Fiserv, Inc (stock symbol) ), had selected Emergis as a key technology component in delivering its new Electronic Partner Connection, an electronic network that will provide mortgage originators with a single online point of entry for the order and delivery of any Fiserv mortgage-related product and service. Under the three-year agreement, Emergis will provide a private-labeled, managed technology solution leveraging its Emergis(R) Vendor Services Exchange. Once deployed, the Electronic Partner Connection will enable lenders to easily order a single service or a bundled set of services from Fiserv Lending Solutions and selected partners. The Electronic Partner Connection will also link all of Fiserv Lending Solutions' units and seamlessly integrate with Fiserv's loan origination The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. and servicing software for lenders including UniFi, easyLENDER, and MortgageServ. "By leveraging our existing Vendor Services Exchange solution which delivers secure and efficient electronic processing capabilities for mortgages, we are able to rapidly deploy and operate a cost-effective service for ordering, managing and receiving settlement services," said Jim Aber, Group Vice-President eLending U.S. of Emergis. Emergis Vendor Services Exchange, based on Fiserv's GATORSystem technology, is a workflow management service that transmits loan data and documents between mortgage originators and settlement service providers in real-time. It is part of the Emergis eLending platform, an extensive set of Web-based services designed for paperless loan fulfillment, closing and storage that can be used individually or as an end-to-end solution (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. . "The Electronic Partner Connection will allow all of our lending products and services to work together seamlessly and efficiently to offer an end-to-end solution to mortgage lenders," said James Puzniak, President of the Fiserv Lending Solutions Group. "Selecting Emergis allows us to meet our goal of coming to market quickly with superior functionality for our clients". About Fiserv Lending Solutions Fiserv Lending Solutions is a leading provider of lending software and services. The comprehensive suite of products and services from Fiserv Lending Solutions includes mortgage and auto lead generation management and customer loyalty programs, industry-leading automated valuation model (AVM AVM 1 Acute viral meningitis, see there 2 Arteriovenous malformation, see there ) products, auto leasing solutions, mortgage banking software and services, appraisals, broker price opinions, credit reporting, closing services, and default management. About Fiserv, Inc. Fiserv, Inc. (Nasdaq: FISV) provides information management systems and services to the financial industry, including transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. , outsourcing, business process outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in and software and systems solutions.The company serves more than 15,000 clients worldwide, including banks, broker-dealers, credit unions, financial planners/investment advisers, insurance companies and agents, self-funded employers, lenders and savings institutions. Headquartered in Brookfield, Wis., Fiserv reported US$2.7 billion in processing and services revenues for 2003.Fiserv can be found on the Internet at www.fiserv.com. About Emergis Emergis Inc. is a leading North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. eBusiness company. Its operations consist of supplying eBusiness solutions to the North American financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. and Canadian health care industries, automating transactions between companies and allowing them to interact and transact An earlier e-commerce system for the Web from Open Market that included order capture and secure order fulfillment using credit cards, ecash and other payment systems. It included customer service and subscription administration capabilities as well as an integrated database for reporting electronically. Its leading solutions are centered on claims, loans and payments processing. Emergis customers include leading Canadian health insurers, top U.S. banks, the top six Canadian banks and a number of North America's largest enterprises. The Company's shares (TSX: EME) are included in the S&P/TSX Composite Index Composite Index A grouping of equities, indexes or other factors combined in a standardized way, providing a useful statistical measure of overall market or sector performance over time. Also known simply as a "composite". . Certain statements made in this news release are forward-looking and are subject to important risks, uncertainties and assumptions. The results or events predicted in these forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. may differ materially from actual results or events. These statements do not reflect the potential impact of any non-recurring items or of any dispositions, monetizations, mergers, acquisitions, other business combinations or other transactions that may be announced or that may occur after the date hereof. Other factors that could cause results or events to differ materially from current expectations include, among other things: general economic factors, adoption of eBusiness, adoption rate of our solutions by customers, response to industry's rapid pace of change, competition, operating results, success of U.S.-based operations, integration of past acquisitions, failure or material change in our strategic relationships, including our relationship with Bell Canada Bell Canada Enterprises (TSX: BCE, NYSE: BCE), legally BCE Inc., is a major Canadian telecommunications company. Through its subsidiaries including Bell Canada, Bell Aliant, Northwestel, Télébec, and NorthernTel, it is the incumbent local exchange carrier for , exposure under contract indemnities, defects in software or failures in the processing of transactions, security and privacy breaches, key personnel, protection of intellectual property, intellectual property infringement claims, integrity of public key cryptography An encryption method that uses a two-part key: a public key and a private key. To send an encrypted message to someone, you use the recipient's public key, which can be sent to you via regular e-mail or made available on any public Web site or venue. technology, and industry and government regulation. For additional information with respect to certain of these and other factors, refer to Emergis Inc.'s Annual Report (Management Discussion and Analysis) and the Emergis Inc. Annual Information Form (Risks and Uncertainties) filed with the Canadian securities commissions. THE FORWARD-LOOKING STATEMENTS CONTAINED IN THIS PRESS RELEASE REPRESENT THE EXPECTATIONS OF EMERGIS AND ITS SUBSIDIARIES AS AT DECEMBER 7, 2004 AND, ACCORDINGLY, ARE SUBJECT TO CHANGE AFTER SUCH DATE. HOWEVER, EMERGIS AND ITS SUBSIDIARIES DISCLAIM ANY INTENTION OR OBLIGATION TO UPDATE OR REVISE ANY FORWARD-LOOKING STATEMENTS, WHETHER AS A RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHERWISE. EMERGIS INC. (TSX:EME) |
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