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Norm Koenig Joins Visionet Systems

Mon Jan 7, 2008 10:27am EST
--  Mortgage Industry Veteran to Serve as Business Development
        Executive
CRANBURY, N.J.--(Business Wire)--Visionet Systems is pleased to announce that Norm Koenig has
joined Visionet Systems. Mr. Koenig is a twenty year veteran of the
mortgage technology field. "I'm thrilled to be part of the Visionet
Systems team. The breadth of services and products we offer are just
what the mortgage industry needs when lenders are striving to reduce
costs and improve efficiencies." Mr. Koenig will serve as a Senior
Business Development Executive with Visionet Systems.

   "Visionet's business is rapidly expanding despite the industry
downturn. We are happy to have Norm as a member of our sales and
marketing group," said Arshad Masood, President of Visionet Systems.
"Norm's comprehensive understanding of the mortgage business, prior
experience and leadership skills will enable Visionet to understand
its clients more thoroughly and to continue to improve the company's
consulting services, products and business process outsourcing
offerings."

   Mr. Koenig has worked in a sales capacity for a number of mortgage
technology firms, including ASC, Portellus, eLynx and SwiftView. He
lives and works in Orange County, California.

   About Visionet Systems

   Cranbury, N.J.-based Visionet Systems is a full service mortgage
consulting and business process outsourcing company that delivers
products in the best-of-breed philosophy. Using a combination of
consulting, metrics-based technology solutions and business process
outsourcing, Visionet Systems helps lenders identify and remove
inefficient processes to improve profitability. Founded in 1995, the
company's customers include mortgage lenders and servicers. For more
information, visit www.visionetsystems.com.

Visionet Systems Public Relations
Cliff Johnson, (609) 409-1063 x1116

Copyright Business Wire 2008



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