Encomia Included In Technology Rankings By Bank Technology News and Mortgage Technology Magazine

HOUSTON--(Business Wire)--
Encomia, a leading provider of end-to-end eLending technology, has been named a
top technology company by Bank Technology News and Mortgage Technology magazine.

Encomia was named one of "Ten Tech Companies to Watch" by Bank Technology News,
in its June issue. According to the publication, the annual ranking has
historically "called out innovative startups with the potential to impact the
financial services landscape." Encomia was included for its role as a tech
provider that "rids the lending process of paper." The publication also cited
Encomia CEO Andrew Dubinsky`s suggestions for making mortgage-backed securities
transparent as "one of the rare public criticisms of the market embedded with a
forward-looking solution."

Encomia was also ranked one of the top mortgage technology providers by Mortgage
Technology magazine in that publication`s June issue. This marks the third
consecutive year the company has been included in the rankings. According to
Mortgage Technology, the magazine`s annual "Top 50 Service Provider" ranking is
based on four major criteria: "customer satisfaction, functionality, market
share and viable revenue model." The magazine cited Encomia`s ability to enable
lenders to "more efficiently originate loans through the large-scale enablement
of electronic mortgage transactions."

"Encomia continues to see increased recognition in the financial industry for
our ability to create technology that provides a path to full eLending, as well
as our work in helping to develop effective standards," said Andrew Krieger, COO
of Encomia. "We will continue to see growth throughout 2009 as the nation`s
largest financial institutions continue on their path towards greater
transparency and efficiency through paperless lending."

In May, Encomia announced that its 2008 revenues were 20 times greater than in
2007, as the nation`s largest banks increased adoption of the company`s eLending
suite.

About Encomia

Houston-based Encomia enables lenders to more cost-effectively and efficiently
originate loans by enabling lenders to process loans electronically, from
end-to-end, on a large-scale basis, regardless of document format. The company`s
Encomia eLending Solution provides mortgage, consumer, automotive, commercial
and other lending institutions with a comprehensive tool kit for full eLending
including the creation of XML-based electronic documents, electronic signature
capability and secure document archival. Encomia`s solutions are compatible with
a number of third-party technologies, are adaptable to institutional standards
and can be implemented in a manner that allows for gradual eLending adoption.

Encomia was recently named on of "10 Tech Companies to Watch," for 2009 by Bank
Technology News and was named one of the top mortgage technology providers by
Mortgage Technology magazine for the third consecutive year. To learn more about
Encomia, its products and services, please contact Bill Eckert, senior vice
president of sales at info@encomia.com or visit the company`s Web site at
http://www.encomia.com/.

For Encomia
Alex Shorter, 678-781-7207
or
For Encomia
Andy Payment, 678-781-7222

Copyright Business Wire 2009