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PORTLAND, Or.- November 18, 2002 - SwiftView, Inc. announced it has upgraded SwiftSend LoanDocs™, further enhancing
the usability, administrative control and management functionality of the web-based electronic document delivery service. The
ongoing improvements make transmission of closing documents even simpler, increasing productivity and reducing errors
and support requirements.
"We are committed to rapidly advancing SwiftSend LoanDocs technology in response to requests from our mortgage customers
and will continue to address these needs in the future," says Randy Prakken, president of SwiftView, Inc. "Users
will save time and reduce errors with address book integration and alerts when recipients write comments. Supervisors
can better manage their SwiftSend transactions with permanent archives, XML-based reports, and the ability to automate
default values. And for our many customers with branches/partners, aliases and sub-group billing will preserve
the sub-group's identity and simplify accounting."
The new upgrade to SwiftSend LoanDocs includes a number of new features, including:
Supervisory Efficiency and Compliance
· DVD Archive is a compact, permanent record of supervisory reports with interactive links, including documents; one
archive covers one month of transactions. DVD Archive is a subscription service with a fee.
· XML-based reporting speeds generation of supervisor reports and minimizes impact on system performance with no IT
help
Administrative Control and Flexibility
· Aliases and Branch billing allow administrators to give each branch or partner its own identity. New
invoicing optionally subtotals by branch/division, simplifying accounting.
· Automation of defaults: workgroup administrators can now define default email cover letters, and default return
receipt and login procedures, all of which improve user's productivity
User Productivity
· Comment notification alerts document processors when recipients write a comment · Address book uploading reduces
typos and improves productivity by simplifying email addressing
Price and Availability
SwiftSend LoanDocs is available as either an Internet service, managed by SwiftView, Inc., or a turnkey system. The
web-based service is priced solely by documents transmitted, with no start-up or up-front costs. Delivery of a
complete closing package to up to five recipients costs about $5.00, and small documents to up to five recipients cost
30 cents a page or $1.50 for up to 10 pages. DVD Archive is a subscription service with a fee based on volume. Contact
SwiftSend sales for a price quote.
About SwiftSend LoanDocs
SwiftSend LoanDocs lets mortgage companies send documents directly to the closing table or borrowers in minutes. SwiftSend's
unique PackageBuilder easily combines output from LOSs and any Windows software into one package. Both sender and
recipient can view documents, and SwiftSend prints mixed legal and letter output on virtually any printer. Patent-pending
Verifiable Proof of Delivery™ confirms when a document was actually viewed, and passwords and encryption meet financial
industry compliance for secure delivery. Document processor outboxes and supervisor reports let users access and
organize their work from a single screen, and enables supervisors to spot errors, and maintain control in real time.
About SwiftView, Inc.
Founded in 1985, SwiftView, Inc. develops software for viewing,
printing, delivering, and accessing on-line documents and drawings. SwiftView products include standalone applications,
browser plug-ins, and OEM integration products that create, distribute and display print-stream data formats. SwiftView
products are used by hundreds of thousands of businesspeople at thousands of organizations worldwide, including Bank
of America Mortgage, CitiMortgage, Bank of New York, Countrywide Mortgage, Stewart Title, Strong Funds, Cisco Systems,
Hewlett-Packard, ADP, Raytheon, NASA, Pratt & Whitney, and many others.
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SwiftView is a registered trademark of SwiftView, Inc.
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