Mortgage Document Network Expansion Fuels Advectis Growth; Company Milestones Indicative of Industry Shift towards Paperless Processing.

ATLANTA -- Advectis(R), Inc., provider of the most widely-used network for electronic mortgage document collaboration, announced that the company has experienced a rapid growth in participation within its electronic document network, even while industry loan volume has decreased. Advectis is one of the first companies to develop a complete solution that is accessible to all parties within the mortgage industry. With the BlitzDocs(R) Collaboration Suite, Advectis enables a collaborative electronic document network for all participants in the mortgage loan industry to capture, submit, organize, underwrite, audit, share and deliver loan documents electronically.

Advectis has expanded broker participation in the BlitzDocs network tenfold to over 10,000 brokers within the last three years. Additionally, lender participation in the network has increased from a few lenders to more than thirty retail and wholesale mortgage lenders, including four of the top ten lenders, in the same time frame. Other mortgage participants who have helped fuel network growth include the addition of all mortgage insurance companies (for example, Genworth, PMI, RMIC and United Guaranty), major Due Diligence and Quality Control firms and eight major investors who use the network to receive closed loans from their correspondent sellers. The value of the BlitzDocs electronic document network rises exponentially as network participants and loan volume increase.

In a recent mortgage industry survey, enabling collaboration with other mortgage players was ranked very important or somewhat important by 85 percent of respondents, a 64 percent increase from responses to this question in a 2004 survey. Additionally, a large percentage of respondents indicated they believe the mortgage industry will be processing more than 50 percent of all loans as an e-mortgage, or totally paperless, in four years or less.

"Our significant growth illustrates the increasing level of importance the mortgage industry is placing on collaboration," said Greg Smith, president and CEO of Advectis. "It is a very exciting time in the history of our company, as the number of current participants as well as our pipeline of additional lenders, investors and other parties is strong and growing. Such heightened participation in the BlitzDocs mortgage document network translates into higher value for everyone involved. We're committed to providing the mortgage industry with the most powerful collaborative document network for mortgage participants to perform paperless loan processing."

In another example of industry acceptance, Mortgage Technology magazine awarded Advectis the prestigious Fix-IT award for BlitzDocs in 2005. The award is given every year to the company whose technology application fixes a particular problem in the mortgage process. Said Smith, "As companies seek ways to accelerate efficiencies in their workflow and save both time and money, paperless processing via a collaborative network is really a natural progression. And Advectis technology makes this happen."

About Advectis, Inc.

Advectis, Inc. provides the mortgage industry's first and most widely-used network for electronic document collaboration, BlitzDocs Collaboration Suite. The Web-based suite provides a collaborative electronic document network for all participants in the mortgage loan industry to capture, submit, organize, underwrite, audit, share and deliver loan documents electronically. At the heart of BlitzDocs is the Collaborative Electronic Loan Folder(TM) ("e-folder") which mirrors the paper loan folder that mortgage companies use today, but streamlines loan processing from capture and submission through sharing and delivering of the e-folder. With BlitzDocs, Advectis not only provides capabilities for paperless processing now, but also offers a path to "SMART Docs" and the e-mortgage. For more information about Advectis and BlitzDocs, call 678.460.2460 or visit the Web site at www.advectis.com.