Peter Hirsch Joins Ellie Mae as Executive Vice President, Technology and Operations

Former IBM chief SaaS architect, SAP executive brings cloud technology expertise to new role

PLEASANTON, Calif. – June 29, 2015Ellie Mae® (NYSE: ELLI), a leading provider of innovative on-demand software solutions and services for the residential mortgage industry, today announced that Peter Hirsch has joined the company as executive vice president of technology and operations. In this newly created role, Hirsch will be responsible for leading all of Ellie Mae's technology groups.

Hirsch brings more than 30 years of technology experience to his new role, with specific expertise in cloud technology applications. Prior to joining Ellie Mae, Hirsch served as a senior vice president at Ariba Inc., an SAP company, where he was responsible for the company's SaaS application suite and global data center infrastructure. Prior to Ariba, Hirsch spent seven years as a chief architect and business unit leader at IBM, where he helped establish IBM’s presence in the commercial SaaS application market. His other roles include chief architect at Alphablox Corporation; vice president of engineering and CTO at Valchemy; chief architect at Informix Software; and founder, chairman and CEO of 3-D Visions. Hirsch began his career in the aerospace industry and holds both bachelor's and master’s degrees in electrical engineering from the University of Southern California.

Ellie Mae is the creator of Encompass, an all-in-one mortgage management solution that enables banks, credit unions and mortgage lenders to create and fund mortgages and improve compliance, loan quality and efficiency. Encompass is used by more than 120,000 mortgage professionals and thousands of mortgage companies, including six of the 20 largest U.S. mortgage lenders.

“I am delighted to be joining a true innovator in the mortgage industry,” Hirsch said. “Ellie Mae’s commitment to transforming the way lenders do business is important work, and the broad effect the company has had in the industry made this a unique opportunity. I look forward to helping the organization to grow and continue to deliver products and services that surpass the expectations of lenders in today’s challenging market.”

“Peter’s strong background in cloud technology and SaaS applications makes him a perfect choice to lead Ellie Mae’s technology organization as we manage tremendous growth on our existing solutions and drive towards delivery of our next generation of Encompass,” said Jonathan Corr, president and CEO of Ellie Mae. “Throughout his career, Peter has demonstrated an impressive ability to push the boundaries of technology while leading large teams through major projects and organizational growth. We are very fortunate to welcome him to our team and look forward to his contributions in the years ahead.”

About Ellie Mae

Ellie Mae (NYSE:ELLI) is a leading provider of innovative on-demand software solutions and services for the residential mortgage industry. Ellie Mae’s all-in-one Encompass® mortgage management solution provides one system of record that allows banks, credit unions and mortgage lenders to originate and fund mortgages and improve compliance, loan quality and efficiency. Visit EllieMae.com or call 877.355.4362 to learn more.

PRESS CONTACTS

Erica Harvill
Ellie Mae, Inc.
(925) 227-5913
Erica.harvill@elliemae.com

Warren Lutz
Strategic Vantage Marketing & Public Relations
(219) 755-6140
WarrenLutz@StrategicVantage.com

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© 2015 Ellie Mae, Inc. Ellie Mae®, Encompass®, AllRegs®, DataTrac®, Ellie Mae Network™, Total Quality Loan™, TQL™ and the Ellie Mae logo are trademarks of Ellie Mae, Inc. or its subsidiaries. All rights reserved. Other company and product names may be trademarks or copyrights of their respective owners.

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