PRESS RELEASE:

Mortgage Technology Magazine Names Quandis Client Specialized Loan Servicing a Top 25 Tech-Savvy Servicer

| From
default management technology

FOOTHILL RANCH, Calif., Nov. 2, 2012 (SEND2PRESS NEWSWIRE) -- Quandis, Inc., a leading provider of default management technology solutions, announced that its client, Specialized Loan Servicing (SLS), a servicer of residential mortgage loans, has been designated a 2012 Top 25 Tech-Savvy Servicer by Mortgage Technology magazine.

The magazine cites that companies named to the list have demonstrated an ongoing commitment to using technology and regularly implementing new innovations to produce marked business process improvements. In addition, the magazine evaluates how lenders and servicers are utilizing technology in ways that are exemplary for the rest of the mortgage industry.

Utilization of Quandis' configurable business rules management system (BRMS) contributed to SLS' inclusion as a Top Tech-Savvy Servicer. The addition of Quandis' BRMS, dubbed 'Quandis Business Objects' (QBO), extends SLS' integration with Quandis' valuation portal.

"Having our solution being a key component of the technologies that collectively played a role in SLS making this year's Top 25 Tech-Savvy Lenders and Servicers list is a huge honor," said Scott Stoddard, CEO or Quandis. "SLS' commitment to the use of leading technology benefits investors and borrowers. We feel privileged to be a part of the technology stack that helped them earn a spot on Mortgage Technology magazine's highly regarded list."

About Quandis:

Founded in 2003 and headquartered in Foothill Ranch, California, Quandis is a default management software provider specializing in Web-based solutions for the lending industry. Quandis' solutions include foreclosure process automation, short sale portals, skip trace systems, a valuations hub, military search services, bankruptcy status searches, collection solutions, as well custom application development. The company's clients range from lenders to banks, servicers, foreclosure attorneys, outsourced service providers, and agents and brokers. For more information, please visit www.quandis.com or call (949) 525-9000.

CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949.378.9685
jbowerbank@profunditymarketing.com.

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