Mission Capital Advisors Reaches $3 Billion in Loan Sales Using ShareVault Virtual Data Room

Industry Leading Virtual Data Room Helps Mission Capital Exceed Their Goals for
Selling Distressed Real Estate Loans
LOS GATOS, Calif.--(Business Wire)--
Real estate has gone to the head of the class as far as investors in distressed
assets are concerned. In fact, a recent North American Distressed Debt Market
Outlook Survey showed that real estate loans represent the best sector for
financial investment opportunities in 2010. Mission Capital Advisors, a rapidly
growing financial advisory firm whose primary clients are banks and large
government agencies, has experienced tremendous growth in the sales of
residential and commercial real estate whole loans over the past several years.
As a result of this explosive growth, Mission Capital was in need of a way to
set up a data room system that could help expedite the increasing number of
deals being completed. Mission Capital chose ShareVault from Pandesa, a leading
provider of next generation virtual data rooms, to securely share sensitive or
confidential due diligence documents that would enable them to grow and maintain
a competitive edge in the rapidly expanding, fast paced real estate loan
portfolio sales market.

Mission Capital had been using more antiquated manual processes for conducting
due diligence for large commercial and residential real estate loan deals,
including providing document materials via DVD-ROM, VPN or paper files to
hundreds of potential buyers. They were looking for a way to increase the
efficiency of all of the processes required for end-to-end high value loan pool
sales transactions but at an affordable cost. Mission Capital chose ShareVault
over several other well known virtual data room providers due to its intuitive
nature, ease of use, excellent customer service, high performance, self
administration capabilities and reasonable price tag. A feature that sealed the
deal was the ShareVault API that allowed Pandesa, ThinkTech and Mission to
develop a solution that is tightly integrated with Salesforce.com to further
increase the efficiency of the entire sales process. Mission`s clients were
rewarded with a rapidly accelerated due diligence process and a loan pool sale
cycle with more competitive bidding, which maximizes sale prices.

Other key benefits that Mission Capital found extremely valuable were the speed
of the application, the secure document protection features, the flexible,
comprehensive reporting system and the platform`s ability to scale. These were
also benefits that Forrester Research uncovered in a recent Market Overview,
which included the Virtual Data Room segment. The report identified ShareVault
as one of the key competitors in this market, which Forrester expects to grow to
almost $1 billion in revenue by 2013.

Today, some of the individual Mission Capital loan sale deals involve $500+
million loans with over a thousand bidders. Mission Capital and Pandesa
developed a sealed bidding process, integrated within ShareVault, which has
created excellent efficiencies relative to the manual sealed bidding methods
they used in the past. In addition, ShareVault provides real time deal
intelligence about bidders via its extensive audit and tracking features, which
provides invaluable feedback to the bank client regarding the interest level of
each bidder in specific loans or loan pools.

"ShareVault has been a great help to our business," states Mission Capital
Managing Director Stephen Emery. "It has helped our firm grow and continues to
enable us to stay way ahead of our competition. ShareVault has been a great
partner and has helped us focus on the business development, asset valuation and
trading components of our business. ShareVault also has the safety, security and
dependability that our clients demand."

"We are very pleased that a key customer such as Mission Capital places such a
high value on ShareVault as a cornerstone of their commercial operation," says
Pandesa CEO Richard Andersen. "We have developed what we believe to be the most
advanced, most intuitive virtual data room on the market and plan to continue to
maintain our product leadership position moving forward."

About Mission Capital:

Mission Capital Advisors, LLC is one of the leading boutique financial advisory
firms in the country, specializing in structuring the sale of performing,
sub-performing, non-performing and charged-off residential, commercial, C&I and
consumer loan portfolios and providing Fannie Mae, Freddie Mac and FHAVA buyout
agency delivery, cash sale and transaction management services. Mission has
advised a variety of leading financial institutions on more than $26 billion of
loan sale and financing transactions and in excess of $13 billion of Fannie Mae,
Freddie Mac and FHAVA buyout agency delivery and cash sale transactions since
its inception in 2002. Mission Capital`s business model provides a unique
competitive advantage over other firms in their industry because they are a
market leader in both the commercial and residential whole loan advisory
services space. For more information visit: www.missioncap.com

About Pandesa:

Pandesa Corporation develops and markets ShareVault, the intuitive next
generation virtual data room software for secure online sharing of sensitive
documents during due diligence and other critical business processes. ShareVault
provides an on demand platform that enables its customers to manage critical
time-sensitive and document-centric processes. Pandesa is based in Los Gatos,
California, with development offices in Bangalore, India. For more information,
visit: www.pandesa.com.

Pandesa Corporation
Hal Nunn, 800-380-7652 ext. 803
Director of Marketing

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