Fresno, CA ? September 18, 2008 ? lendingSTAT.com, On-Demand Software-as-a-Service (SaaS) solutions provider for the lending industry, today announced that signSTAT and VendorPRO are live to all the settlement service, title, lender, broker and mobile notary companies in the US. National or regional settlement services, title offices, lenders and brokers can now use signSTAT to manage their signing service/mobile-notary line of business. VendorPRO is a tool for mobile notary and attorney vendors to receive and manage work orders submitted by the customers using signSTAT. The signSTAT and VendorPRO applications work together seamlessly. signSTAT customers or their clients input their loan signing work orders online and connect them with the mobile notaries and attorneys, who use VendorPRO, to collaborate together during the closing of a loan. Online ordering, real-time updates, secure electronic loan document delivery to vendor, executed documents delivery tracking via FedEx/UPS and more via a user-friendly Adobe Flex based rich internet application (RIA). ?signSTAT is an advanced On-Demand application that helps our customers bring automation to what was once was a manual and slow process, via any internet connection and standard web browser,? said Chris Samarin, Vice President Product Management at lendingSTAT.com. ?With our Software-as-a-Service model there is no software to download or servers to purchase, manage and maintain. This allows our customers to be up and running within days with zero upfront costs to get started.? The On-Demand and Software-as-Service model, pioneered by companies such as SalesForce.com, enables businesses to scale back and in some occasions eliminate their in house Information Technology (IT) costs. ?We?re really excited about bringing Software-as-a-Service solutions to our customers. We?re not only helping them become more efficient with better technology but most importantly, with the current market conditions, we are helping them cut their costs by up to 50% in some cases,? said John Samarin Sr., President at lendingSTAT.com. ?It?s our mission in the years ahead to keep pushing the envelope of technology innovation to help our customers reach their goals and exceed them.? VendorPRO and signSTAT can be adopted quickly because the technology itself is very easy to use. Any new customer can log on to www.lendingSTAT.com and establish an account within minutes. With no software to download or additional programming needed new customers can have their solution live within days of signing up for a new account. New customers can also try signSTAT free for 30 days. About lendingSTAT.com lendingSTAT.com aims to become the technology leader in On-Demand Software-as-a-Service (SaaS) solutions for the lending industry. Designed from the ground up for enterprise-class usage, it offers no startup costs enabling small businesses to Fortune 500?s the ability to utilize its products. Key customers include lenders, title companies, settlement services, brokers and signing services. These customers look to lendingSTAT.com to help them achieve increased profits by improving efficiencies and cutting costs. For more information please visit www.lendingSTAT.com. lendingSTAT.com and the lendingSTAT.com logo are registered trademarks of lendingSTAT, Inc.. ### For more information about this topic, please contact Chris Samarin by calling 559.297.1278, or e-mail Chris at [email protected]
