Sollen Technologies Celebrates a Decade of Innovation in Mortgage Technology

* Reuters is not responsible for the content in this press release.

Mon Apr 20, 2009 9:00am EDT

Product and Pricing Technology Continues to Deliver Better, Faster Results When
Searching Thousands of Loan Products


DALLAS--(Business Wire)--
Sollen Technologies, an Internet-based application services provider of product,
pricing and best execution capabilities for the mortgage industry, has recently
celebrated its 10 year anniversary delivering product and pricing engine (PPE)
technology to mortgage originators. For over a decade, Sollen has been one of
the companies at the forefront of consolidating, organizing and presenting the
best loan pricing in quicker, more efficient ways tailored to meet the needs of
its customers. 

In business since February of 1999, Sollen Technologies was formed with one
thing in mind, to solve the complex problem of mortgage pricing and
communications between the broker/correspondent and the lender. Sollen
Technologies has created tools that allow originators and lenders to be more
productive and operate more efficiently. Our products and services allow two-way
communications that relay time critical pricing information with easy-to-use
technology. Lenders and originators alike benefit from improvements in the
office workflow processes that are enhanced by our products and services. 

Most recently, Sollen has totally reformulated its core product, Lender Online.
The latest version was the collaboration of extensive customer input and years
of experience. Improved functionality and easier navigation allows the customers
superior processes and enhanced flexibility, which tailors the system to the way
they do business. 

Additionally, Sollen has constructed a robust platform called ConneX that allows
lenders to access product & pricing services as an extension of their loan
origination or point of sale software. "ConneX started as an internal service
hub embedded into Lender Online with the goal of streamlining our processes as
we reached out to other systems," said Brian Drevicky, VP of Information
Technology at Sollen. "ConneX has evolved into a bi-directional loan data
management system that allows us to `plug-in` to other systems much quicker and
more effectively. In addition, instead of having to manually import & export
data from one system to another, the data flows more naturally and the user
benefits from a more efficient process." 

While many vendors have slowed their pace and reduced technology staff in
reaction to the current economic conditions, Sollen has remained dedicated to
improving their platform, releasing new features and helping lenders stay
competitive. 

"Sollen has gone through many changes during our first decade," said Michel Van
Hee, CEO of Sollen Technologies. "I`m proud of our commitment to our customers
and very excited about where we`re headed. In the past 12 months we have
transformed our benchmark product Lender Online and constructed a new
integration platform. These enhancements will allow us to deliver Sollen`s
premium services with expanded functionality, which means even more productivity
and profitability gains for our users." 

About Sollen Technologies

Based in Dallas, Sollen Technologies is an Internet-based application services
provider of product, pricing and best execution capabilities for the mortgage
industry. Sollen Technologies` vision is to provide comprehensive products and
services that bring measurable value to the retail, wholesale, and correspondent
channels. The company`s innovative technology helps to enhance the relationship
between originators and lenders enabling both to effectively compete in today's
marketplace. For additional information about Sollen Technologies, visit the
company`s Web site at http://www.sollen.com. 





Sollen Technologies
Mason Rees, 214-647-8933 



Copyright Business Wire 2009

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