eSignLive Vice President Appointed to MBA 2004 Board of Directors Technology Steering Committee

October 18, 2003

October 19, 2003MBA 90th Annual Convention & Expo, October 19, 2003Michael Laurie, vice president and co-founder of Silanis Technology was recently appointed to the Mortgage Bankers Association of America 2004 Board of Directors Technology Steering Committee (MBA BoDTech).

“This committee is instrumental in driving technology standards for the mortgage industry,” said Mr. Laurie. “I am looking forward to working with the other members of the committee to introduce standards and initiatives that address the regulatory and policy requirements that are driving the need for more efficient processes.”

The Board of Directors Technology Steering Committee manages the Mortgage Industry Standards Maintenance Organization (MISMO), the Real Estate Finance Security Management Organization (REFSMO), and the Secure Identity Accreditation Services Corp. (SISAC) organizations and reports directly to the MBA Board of Directors. In addition, the group works in conjunction with the MBA’s Residential Technology (ResTech) and Commercial Technology Committees (CommTech), which identify emerging technology issues as they relate specifically to the residential and commercial mortgage industries.

Responsible for technology issues that span both the residential and commercial mortgage industries, the primary focus of the committee is to develop strategic direction, and standardize electronic data standards for eCommerce. In addition, the group is responsible creating consistent standards for Public Key Infrastructure (PKI) and identity for secure eCommerce transactions through the SISAC organization.

About MBA

MBA is the national association representing the real estate finance industry. Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation’s residential and commercial real estate markets; to expand homeownership prospects through increased affordability; and to extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and fosters excellence and technical know-how among real estate finance professionals through a wide range of educational programs and technical publications. Its membership of approximately 2,600 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, life insurance companies and others in the mortgage lending field. For additional information, visit MBA’s Web site: www.mbaa.org.

About Silanis

Silanis Technology is the leading provider of solutions that automate the Business Approval Process. The company’s award winning desktop and server-based solutions leverage electronic signature and approval technology to achieve total automation. With over 1,000 customers across government, mortgage, auto finance, insurance, banking and FDA regulated industries, Silanis has over a decade of experience in developing and delivering solutions that work the way organizations do. Silanis' flagship customers include the US Joint Chiefs of Staff, US Army Medical Command, GMAC CM, and Stewart Title.

Contact

Mary Ellen Power (514) 337-5255 ext. 1117 [email protected]