Ellie Mae to Host Encompass360 Connex 2011 User Group Event

Event to be held on May 20th offers educational and networking opportunities for Encompass360 clients

PLEASANTON, CA - MAY 18, 2011 - Ellie Mae®(NYSE Amex:ELLI), the provider of software and automation solutions for mortgage bankers, community banks, credit unions and other mortgage lenders, will be hosting Encompass360® Connex 2011, a one-day user group event to be held on May 20, 2011 from 9:00 am to 6:00 pm at the Hyatt Regency Irvine, in California. This event is by-invitation only and will be attended by registered users of Encompass360.

Connex 2011 is an interactive event designed for Ellie Mae's clients who use the Encompass360 Mortgage Management Solution, such as compliance managers, operations managers, system administrators, loan officers, processors, closers, lock desk managers and secondary registration managers. The event will feature peer-to-peer learning, as well as opportunities to share tips and network with other Encompass360 clients. Attendees will also have the chance to speak with Encompass360 managers, product managers, experts and trainers. Two Ellie Mae clients, Intercap Lending and Bank of Commerce Mortgage, will present business case studies. Some of the scheduled topics include paperless processes, productivity enhancement and using Encompass360 to comply with the new loan originator compensation and anti-steering regulations.

"Lenders are adjusting to a new way of doing business. There probably isn't a job function that hasn't been impacted by the industry's ever-changing guidelines and regulations," said Jonathan Corr, chief strategy officer for Ellie Mae. "Our clients have told us they want to share best practices and learn from each other. Encompass360 Connex 2011 provides our users with a way to access practical information that helps them to stay compliant, increase total loan quality and be more productive in their roles. It's a great opportunity for collaboration with experts as well as with peers."

Other user groups are planned for 2011. Encompass360 clients may obtain details on future events from their Ellie Mae account representatives.

About Ellie Mae

Ellie Mae provides enterprise mortgage origination technology solutions for mortgage bankers, mortgage brokers, community banks, credit unions and other mortgage lenders. The company's offerings include the Encompass® and Encompass360® Mortgage Management Solutions, Encompass CenterWise™ websites and electronic document management services, Encompass Closer™ document preparation services, Encompass Compliance Service™, Encompass Product and Pricing Service™ and Encompass Assured GFE™. Ellie Mae also hosts the Ellie Mae Network™ that allows mortgage professionals to conduct electronic business transactions with the lenders and settlement service providers they work with to process and fund loans. Ellie Mae was founded in 1997 and is based in Pleasanton, California. To learn more about Ellie Mae, visit www.EllieMae.com or call 877.355.4362.

© 2011 Ellie Mae, Inc. Ellie Mae®, Encompass®, Encompass360®, Encompass Assured GFE™, Encompass CenterWise™, Encompass Closer™, Encompass Compliance Service™, Encompass Product and Pricing Service™, Ellie Mae Network™ and the Ellie Mae logo are trademarks or registered trademarks of Ellie Mae, Inc. or its subsidiaries. Encompass Assured GFE™ is a trademark of Ellie Mae, Inc. in the United States, and a private-labeled service provided by ClosingCorp. All rights reserved. Other company and product names may be trademarks of their respective owners.

Forward-Looking Statements

This press release contains forward-looking statements under the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. These forward-looking statements include the company's ability to enhance the features and functionality of the Encompass software, the timing of the introduction and acceptance of additional services and the timing of new product launches. Additional risks and uncertainties related to the company's business are discussed in the company's Securities and Exchange Commission filings, including but not limited to the to the final prospectus relating to its initial public offering [and the company's most recent Quarterly Report on Form 10-Q]. Unless otherwise required by applicable laws, the company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


PRESS CONTACT:

Rosalie Berg
Strategic Vantage Marketing & Public Relations
(305) 971-5352
PR@StrategicVantage.com

 

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