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Root Markets Acquires LeadROI.


Combined Company Will Increase the Quality and Performance of Internet Mortgage Leads

NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Root Markets Inc., which operates the premier commodities exchange for trading and monetizing Internet-generated consumer leads, today announced the acquisition of LeadROI, Inc. Based in Costa-Mesa, California, LeadROI provides a fully-integrated mortgage lead and customer relationship management system. LeadROI will operate as Root LeadROI, a subsidiary of Root Markets, and will continue to service its clients and expand its relationships with major lead aggregators, brokers and lenders. Terms of the transaction were not disclosed.

Root Markets operates the Root Exchange and Root Publisher, two technology platforms that offer the most advanced electronic lead trading systems The introduction to this article provides insufficient context for those unfamiliar with the subject matter.
Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page.
 available. The Root Exchange technology allows leads to be bought, sold and delivered in real-time, matching specific orders from lenders.

LeadROI offers a comprehensive web-based customer relationship management system that empowers lenders and brokers to effectively manage leads from acquisition to point-of-sale. Lead management tools include lead distribution, automated marketing and reporting. LeadROI offers a wide array of services to help sell and close loans, including credit reports, pricing, and transferring data to 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.
 systems. Beyond the sales process A sales process is a systematic approach for performing product or service sales. The reasons for having a sales process include seller and buyer risk management, achieving standardized customer interaction in sales and scalable revenue generation. , LeadROI provides the tools needed to easily analyze the quality and cost effectiveness of acquired leads.

"Together, Root Exchange and Root LeadROI offer unparalleled technology and customer service in the new era of acquiring and managing leads," said Marcia Myerberg, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Root Markets. "The Root Exchange allows lenders and brokers to immediately diversify diversify

To acquire a variety of assets that do not tend to change in value at the same time. To diversify a securities portfolio is to purchase different types of securities in different companies in unrelated industries.
 their lead sources and be assured they are paying fair market prices. With efficient and secure systems for managing lead conversion, Root LeadROI picks up where the Root Exchange leaves off. Together, the companies will offer unique end-to-end solutions (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.
 designed to close the loop between lead generation and lead conversion and enhance the value of purchased leads."

"This is an exciting opportunity that will allow the lead aggregators we work with to become sellers on the Root Exchange and have access to our proprietary tools, including an integrated order desk, dashboard (1) See Mac Dashboard.

(2) A software-based control panel for one or more applications, network devices or industrial machines. Dashboards display simulated gauges and dials that look somewhat like an automobile dashboard.
 for advanced reporting and error handling, and post-delivery lead analytics," said LeadROI Founder and President Raj raj also Raj  
n.
Dominion or rule, especially the British rule over India (1757-1947).



[Hindi r
 Parekh. "At LeadROI, we have always been committed to helping mortgage brokers and direct lenders increase their profitability. We are confident that LeadROI's fully web-based, software-as-a-service model, which virtually eliminates the need for costly IT investments in software and hardware, will help our combined client base maximize revenue per lead, reduce overhead costs overhead costs

see fixed costs.
 and increase lead purchasing and conversion rates."

Ms. Myerberg will continue to head Root Markets, which is based in New York. Root LeadROI's management team and employees will remain in California and report to Ms. Myerberg.

About Root Markets Inc.

Founded in 2006, Root Markets Inc. (http://www.rootexchange.com) is led by Chairman Lewis Ranieri and CEO Marcia Myerberg. Root Markets operates the premier commodities exchange for trading and monetizing Internet-generated consumer leads. Root Markets operates the Root Exchange, a web-based trading platform, which provides a real-time, direct link between buyers and suppliers of leads. Root Markets also offers Root Publisher, a unique proprietary technology platform that provides publishers with a vehicle to generate performance-based revenue directly from their sites via the Root Exchange. Root Markets is committed to developing the world's first truly transparent financial exchange for consumer leads, providing real-time price discovery and liquidity to lead buyers and sellers.

About LeadROI, Inc.

Founded in 2004, LeadROI, Inc. (http://www.leadroi.com) is led by President Raj Parekh and Vice President Atul Patel. LeadROI offers the mortgage industry a web-based lead and customer relationship management solution. The proprietary software streamlines new customer acquisition, improves productivity, maximizes sales conversion, and provides critical insight into production metrics metrics Managed care A popular term for standards by which the quality of a product, service, or outcome of a particular form of Pt management is evaluated. See TQM. . LeadROI links lenders and brokers with lead aggregators, and provides a variety of point-of-sale tools, including credit reports, pricing, and transferring data to loan origination systems. Client profiles include retail and correspondent lenders, savings and loans savings and loan n. a banking and lending institution, chartered either by a state or the Federal government. Savings and loans only make loans secured by real property from deposits, upon which they pay interest slightly higher than that paid by most banks. , net branches, and mortgage brokers.
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 5, 2007
Words:651
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