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Technology Stocks : Mortgage.com, Inc- (Nasdaq: MDCM)

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To: Susan G who wrote (166)8/27/1999 11:26:00 PM
From: Dolfan   of 516
 
Just because MDCM is in QP doesn't mean we have to be :-)
Found this older press release that has some significant news.
I am finding out this new office is in my backyard and will be driving by tomorrow. This area is in a very prominent business park.

mortgage.com Expands to New Office Facility

PLANTATION, Florida, June 30, 1999 - mortgage.com , a
pioneer and leader of electronic commerce solutions for the
residential real estate industry, today announced it has
signed a lease for approximately 100,000 square feet of
office space in Sunrise, Florida. Located a few miles away
from where the Company first started its operations five
years ago with eight staff members, the new facility has the
capacity to hold more than 1,000 employees. The new
building, which is located at 1643 North Harrison Parkway,
Sunrise, FL (Highwoods Park at Sawgrass) will bring
together employees from mortgage.com's three existing
South Florida locations and will house the Company's current
Florida workforce base of 450 employees.

"We are excited about the new office space and look forward
to bringing together all of our business operations under one
roof," said Seth Werner, chairman and CEO,
mortgage.com. "With the acquisition of American Finance
and Investment (AFI) in April of last year, we added 60
employees to our Florida offices, and, therefore, had to lease
additional space to house our call center operations and
training facilities in a different location. Now we can bring our
operations together into one office building, and have extra
space to grow." Through its Web site -
www.mortgage.com, mortgage.com allows borrowers to
quickly and easily submit applications online and shop for the
best rates from over 150 loan products. The company also
offers its services to business clients such as mortgage
brokers, mortgage banks, Realtors and homebuilders,
including Arvida and Keyes in South Florida, and Century
21/Contempo and Coldwell Banker in Northern California.

mortgage.com currently has three operating centers in the
Plantation area having grown out of the headquarters on
South Pine Island Boulevard. Employees from each of those
locations will come together in the new facility in November
1999.

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