ExpressClose.com Selects StarTeam as Enterprise Standard to Manage Critical B2B Applications
September 13, 2000 08:45 AM Eastern Time
SANTA ANA, Calif.,--(BUSINESS WIRE)--Sept. 13, 2000--
StarTeam and StarSync Provide Full Web Code, Content and Deployment Solution for eCommerce Portal
Starbase Corp. SBAS , the leading provider of collaboration products for the creation and management of integrated code and content eBusiness applications, Wednesday announced that ExpressClose.com, an automated, multiple-service mortgage fulfillment company, has adopted StarTeam as its enterprise standard to manage end-to-end development for all Web code and content.
ExpressClose.com has developed an information network and application platform that expedites the completion and funding process of equity and mortgage loans. This browser-based application and client portal are integral components of their e-commerce business model and strategy. ExpressClose.com develops, manages and stores all project documentation including development records, code and content in the StarTeam server. StarSync, Starbase's deployment utility developed for the StarTeam repository, deploys the project's digital assets to local and remote file systems as well as the Web.
"ExpressClose.com's dedication to superior technology and unique product development matches perfectly with the innovative solutions developed by Starbase, and represents a key ingredient in ExpressClose.com's ability to deliver fast, reliable product and mortgage fulfillment," stated Mike Sly, lead project support engineer at ExpressClose.com.
ExpressClose.com brings the advantages of e-commerce and the Internet to the mortgage and lending industry, servicing clients such as Citibank, Household Financial and Greenpoint Mortgage who are some of the largest banks and lending institutions in the country. The ExpressClose.com Internet applications provide clients with easy access to information and 24-hour support and services. StarTeam and StarSync enable ExpressClose.com to ensure continuous availability of critical information to their clients.
"The fact that Starbase is pursuing a comprehensive e-commerce solution rather than a half-hearted adaptation of old client server technology really makes a difference in the quality and usefulness of their solution," stated Ray Brown, development project manager at ExpressClose.com. "Our 'killer app' is our Web site, which I'm not willing to risk to an unknown provider or ineffective solution. StarTeam handles all aspects of our Web development projects, and is currently managing a major upgrade to our Web site from project documentation to graphics."
StarTeam provides ExpressClose.com with the functionality required to achieve one of the company's core competencies -- project auditability. This core competency is achieved through the ability to recreate all aspects of the project at any time, and easily access any version of the Web site and back-end software. StarTeam's powerful versioning features allow ExpressClose.com to roll back to any version of their Web site and database back-end configuration. This roll back capability is an integral part of their business model that emphasizes accurate record keeping and secure electronic document storage.
"StarTeam was designed for the Internet, and with the addition of the Web-based features in StarTeam 5.0 Web Edition, it has become the preeminent eBusiness digital asset management system," said Lydia Patterson, vice president of Products Group for Starbase. "StarTeam delivers eBusinesses such as ExpressClose.com the ability to increase responsiveness, decrease overhead and create greater efficiencies within their organizations. Although return on IT investments is difficult to measure, ExpressClose.com estimates that they will achieve significant cost savings by combining StarTeam with Storage Area Network (SAN) technology."
"Having already experienced great results with StarTeam at another company, selecting StarTeam to manage our development efforts was one of the easiest decisions we've made, unanimous in fact," continued Brown. "From the beginning, we had every confidence that StarTeam would be able to deliver the results we expected, and remain confident that as we grow, StarTeam will continue to meet our needs."
About ExpressClose.com
ExpressClose.com is a fulfillment company that provides the mortgage industry with credit reports, flood certifications, title products, online property valuations, funding services, recordation and closing services. The company has a three-tiered approach to providing service. First, the company uses advanced technology, which eliminates the need for lenders to spend money internally on research and development. This technology allows ExpressClose.com to house raw data, which gives lenders the opportunity to develop specialized reports and more easily populate other programs.
Second, ExpressClose.com provides proprietary products, such as the Lender Master Protection (LMP), to reduce the closing cycle on refinances, home equity loans and second mortgages. Third, the company provides a layer of customer service that gives lenders one contact point for information on all mortgage services.
Founded in 1999, the company's executive team brings years of ancillary mortgage industry services experience to the market. For more information about ExpressClose.com and its services, visit the company's Web site at www.expressclose.com or contact Lee Midkiff, COO, 937/235-4601 or lmidkiff@expressclose.com.
About Starbase
Starbase is the leading provider of collaboration products for the creation and management of integrated code and content eBusiness applications. Collaboration is the simultaneous coordination, management and communication of geographically dispersed contributors of both code and content for eBusiness applications. With more than 1,450 StarTeam customers worldwide, our technology supports the continuous cycle of creating, linking and managing digital assets, which comprise complex eBusiness applications. Starbase products enable users with differing technical and functional backgrounds to collaborate on the production of Web sites and eBusiness initiatives from multiple locations.
Companies and organizations, including leading corporations such as Lucent Technologies, Intel, BMC Software, Motorola, PepsiCo, Seagate Technology, Hollywood Entertainment, eTour.com, Oxygen Media and Ann Taylor have selected StarTeam to manage their eBusiness development projects. Starbase has headquarters at 4 Hutton Centre Drive, Suite 800, Santa Ana, CA 92707. Tel: 714/445-4400. Fax: 714/445-4404. Visit Starbase's Web site at www.starbase.com.
Starbase and its product names are trademarks of Starbase Corp. All other product and company names herein are trademarks of their respective owners.
Forward-Looking Statements
When used in the preceding discussion, the words "believes, expects, or intend to" and similar conditional expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, (i) conditions in the general economy or the software industry, (ii) the timely development and market acceptance of products and technologies, (iii) competitive factors, (iv) demand for team productivity software products, (v) sell-through of products in the sales channel, and (vi) other risks described in Starbase Corp.'s SEC reports and filings.
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CONTACT: Starbase Corp., Santa Ana Ann Jones, (Investor Relations), 714/445-4440 ajones@starbase.com or Martha Ray, (Public Relations), 714/445-4531 mray@starbase.com |
