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Technology Stocks : LINN: LION Inc.

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To: thomas a. burke who wrote (2)12/9/2003 9:09:26 PM
From: thomas a. burke   of 3
 
LION Acquires Assets of Ignition Mortgage Technology Solutions, Inc.
Tuesday December 9, 4:43 pm ET
Acquisition to Increase Revenue and Accelerate Future Growth.


biz.yahoo.com

excerpt:
The transaction is expected to be accretive to 2004 earnings and was accomplished without encumbering the Company's balance sheet.

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SAUSALITO, Calif. — January 15, 2002 —
Ignition Mortgage Technology Solutions, Inc. (formerly Tuttle Decisions Systems Inc.), a leading provider of mortgage technology solutions for more than 18 years, announced today that its LockPoint Xtra® electronic rate-locking product enabled lenders to enter into mortgage commitments exceeding $35 billion in 2001, $3 billion more than the previous year.
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