ComplianceEase Awarded Patent on Automated Compliance System

SAN FRANCISCO--(Business Wire)--
LogicEase Solutions Inc., provider of the mortgage industry's
leading suite of risk management solutions - ComplianceEase(R),
announced today that the United States Patent and Trademark Office
(USPTO) issued U.S. Patent No. 7,386,505 to LogicEase on June 10,
2008, following the Notice of Allowance provided on November 23, 2007.
This patent is the first of its kind issued with respect to an
automated compliance solution for the mortgage industry.

Patent No. 7,386,505, entitled "System and Method for Automated
Compliance with Loan Legislation", covers ComplianceEase's Automated
Compliance System - ComplianceAnalyzer(R). This expert system examines
mortgage loans and, in real-time, produces loan level reports and
analytics with respect to applicable laws and regulations at multiple
jurisdictional levels. The awarding of the patent further validates
ComplianceEase's innovation in the regulatory compliance space and
recognizes it as the pioneer of this important technology - a
web-based system that includes the use of rules-based artificial
intelligence, an intuitive mapping of business concepts on the loan to
concepts within the rules, and a natural language processor to manage
all of the compliance rules in plain English sentences.

"At ComplianceEase we have pioneered the field of automated
lending compliance and I am very pleased that the USPTO has recognized
the novel innovations that we have developed," said Jason Roth, senior
vice president and named inventor on the patent. "This important
milestone helps us give the residential mortgage industry confidence
that we will continue to be the leading compliance automation provider
for years to come."

In today's increasingly volatile market environment, regulatory
compliance is becoming one of the most significant risk-management
issues for financial institutions of all sizes. Over 250 financial
institutions, service providers, and regulators rely on
ComplianceAnalyzer in their day-to-day operations; this patent
strengthens the foundation for our work with our expert system that
the mortgage industry embraces.

About ComplianceEase

ComplianceEase, a division of LogicEase Solutions Inc.,
headquartered in the San Francisco Bay Area, is a premier provider of
intelligent business solutions to the financial services industry.
ComplianceEase's patented platform, ComplianceAnalyzer, is the
mortgage industry's leading automated compliance solution. The
ComplianceEase expert system utilizes advanced reasoning and
decisioning technologies as well as natural language processing to
power beginning-to-end solutions in a fraction of the time and for a
fraction of the cost of traditional approaches, while providing high
levels of accuracy and integrity. ComplianceEase's significant and
growing client base includes top tier mortgage lenders, banks, and
Wall Street firms. The company is managed by a team of highly
experienced and innovative mortgage professionals, and is funded by
the First American Corporation, the WI Harper Group, and the senior
management team. For more information about ComplianceEase, please
visit www.ComplianceEase.com.

ComplianceEase
Katrina Chang, 1-650-373-1111
k.chang@complianceease.com

Copyright Business Wire 2008