LION Inc. Selects StreetConnect for Financial Communications and Relations
/FROM PR NEWSWIRE SAN FRANCISCO 415-543-7800/
TO BUSINESS, REAL ESTATE AND TECHNOLOGY EDITORS:
LION Inc. Selects StreetConnect for Financial Communications and Relations
SEATTLE, Nov. 17 /PRNewswire/ -- John McMillan, CEO of LION Inc.
(OTC Bulletin Board: LINC) and Sam Ringer, CEO of Lioninc.com, today announced
that StreetConnect, Inc. will direct their financial communications and
relations with financial analysts, portfolio managers and investment
underwriters. Lioninc.com, the wholly owned subsidiary of LION Inc., is a
leading provider of Internet products and services for the over $1 trillion
mortgage industry.
In a joint statement, McMillan and Ringer stated, "Lioninc.com has some
very compelling business opportunities ahead of it. We want to do a
first-class job of communicating these opportunities to the investment
community. We are excited to begin to work with StreetConnect, which offers
the depth of experience necessary to help us reach a wider audience in the
financial community."
"We are very pleased to be working with LION Inc. and Lioninc.com," said
Michael Newman, President of StreetConnect. "Lioninc.com is capitalizing on
their knowledge of the Internet and the mortgage marketplace. As the
mortgage process becomes increasingly fast and electronic, Lioninc.com's
services will become more critical to this industry. We believe that
Lioninc.com is a great story for investors."
About StreetConnect
StreetConnect, based in Seattle, Washington, provides investor relations
and financial communications services that increase the investment community's
awareness of an emerging public company. StreetConnect also provides help for
companies who are preparing for public offerings. Its clients include Harmonic
Inc., F5 Networks, WatchGuard Technologies, ARIS Corporation, SeaMED
Corporation, Extended Systems, Key Tronic Corporation and others.
About Lioninc.com
Lioninc.com was one of the first American businesses to provide service
over the Internet. It has emerged as the premier provider of cutting-edge
Internet products for the $1+ trillion mortgage industry. It is using the
fastest-growing information channel ever developed -- the Internet -- to bring
together households, real estate companies, mortgage brokers, mortgage
lenders, and financial institutions so that each group's home loan needs can
be quickly, easily and efficiently met.
Lioninc.com's number one initiative is to design the infrastructure that
makes possible the origination and underwriting of loans -- electronically
-- over the Internet. Lioninc.com is currently developing "automated
underwriting" (AU) technology that enables borrowers, brokers and lenders to
send, receive and approve loan applications over the Internet (through
LionAU.com).
In addition, through its LION-Pro service, Lioninc.com provides
information on 17,000 wholesale loan programs offered by 450 mortgage lenders
throughout the U.S. This mortgage loan database is the largest on the Internet
and is updated daily. Subscribers can use the Internet to make loan searches
on this extensive database in order to find the best loan products for their
customers. Using fast search engines developed by Lioninc.com, these searches
only take moments. More than 5,600 mortgage brokers subscribe to this service
through www.Lioninc.com.
Lioninc.com also provides the mortgage community with web site development
and hosting over the Internet. Lioninc.com is #1 in the nation in the
development and hosting of wholesale lender home pages, #1 in the nation for
the development and hosting of web pages for Broker Associations, and #2 in
the nation in the development and hosting of web pages for mortgage brokers.
Additionally, through LionChoice.com, it helps brokers and lenders develop
strategies to capture business from the Internet. Lioninc.com also created and
maintains two consumer portals, America Mortgage Online (www.amo-mortgage.com)
and Mortgage 101 (www.mortgage101.com) where brokers can advertise their rates
to over 600,000 unique visitors per month and borrowers can go to retrieve
information.
Lioninc.com is headquartered at 2201 Lind Avenue, Renton, WA 98055.
Telephone: 800-546-6463. Fax: 425-902-4141.The LION Choice office is located
at 2828 Speer Blvd., #210, Denver, CO 80211. Telephone: 800-786-8083. Fax:
303-455-4100. For more information on Lioninc.com, visit the company web
sites at www.lioninc.com and www.lionchoice.com. For more information on
LION, Inc. (formerly Plenum Communications) visit www.lioncorp.net.
SOURCE LION Inc.
/CONTACT: John McMillan, CEO, 800-546-6463, or David Charnock,Stockholder
Relations, 888-541-5466, both of LION Inc.; or Sam Ringer,President/CEO of
Lioninc.com, 800-546-6463; or Michael Newman, President/CEOof StreetConnect,
206-320-1231/
/Web site: lionchoice.com
/Web site: lioninc.com
/Web site: lioncorp.net
Nov-17-1999 14:32 GMT
Symbols:
US;LINC
Source PRN PR NewsWire
Categories:
NWR/WA NWI/RLT NWI/MLM NWI/FIN |
