WASHINGTON, April 19, 2001 (PRIMEZONE) -- iLumin Corporation, the leading provider of infrastructure technology and services for automating enforceable transactions over the Internet, today announced an agreement with Greatland Corporation, a provider of forms for the financial services, mortgage, and tax industries. Greatland will provide Internet-based forms in XML format compatible with iLumin's Digital Handshake transaction server. Together these two combined technologies will facilitate the complete closure of business online.
"We are excited about this relationship with Greatland," said Alex Karakozoff, senior vice president of sales at iLumin. "Not only do our two technologies work well together, but it also further exemplifies our commitment to provide our customers with the technologies and resources they need to do complete business online."
Greatland chose iLumin because of their proven record of accomplishment as major players in the e-closing environment. In addition, iLumin and Greatland have similar strategic and technology strategies. Similarly, iLumin chose to partner with Greatland because of their established history in the creation of compliant loan documents and their advanced e-delivery system.
Greatland provides an advanced e-loan delivery solution. This technology has the capability to automatically distribute compliant loan documents anytime, in any way that they are needed. Flexible architecture allows instantaneous deployment of changes across one or many loan origination/processing systems. Implementation options include remote hosting, multi-site deployment and custom integration with legacy systems.
Greatland's total package of technology solutions and professional consulting services streamlines and simplifies document creation, distribution, and compliance-related needs, saving valuable time, resources, and money.
Greatland's solution provides customers with all the compliant loan documents they need electronically. Greatland's server will merge the customer's data into a document that can be delivered over the Internet to be signed electronically in an Online Signing Room(tm) using iLumin's Digital Handshake(tm) server technology.
"Our integration with iLumin's Digital Handshake technology fits perfectly into Greatland's strengths of providing seamless and compliant electronic document solutions for the lending industry," said Ken Carpenter, vice chairman at Greatland Corporation. "Now customers using our iLumin-enabled documents and software will be able to deliver quickly and securely, electronically-closed compliant loan documents, along with the latest e-signature technology."
About Greatland
Greatland develops products for the tax, accounting, and financial services industries, including government-approved tax forms in both printed and electronic media, electronic tax return filing software and services, documents for financial institutions, and laser check writing software. Since its inception in 1974, Greatland has been committed to providing customers with superior products and services. For more information about Greatland Corporation, call 800-968-1099, or visit www.Greatland.com.
About iLumin Corporation
A privately held company founded in 1996, iLumin Corporation provides an open software platform that enables organizations to leverage the Internet to increase market share, lower costs and create a competitive advantage. Unlike companies that can complete only the signing ceremony, iLumin's Digital Handshake(tm) (DHS) family of products and services enable secure, private and legally binding online transactions from start to finish. By merging automation with enforceability, iLumin removes the hassle of doing business on the Internet. To see a list of industry firsts using iLumin technology and to learn more about iLumin Corporation, visit www.iLumin.com.
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Contact: iLumin Corporation, Utah
Jennifer Joy
(801) 852-8800
jjoy@ilumin.com
Tanner Spencer Group
Mary Kay Evans
(801) 431-7350
mkevans@tsgPR.com
Greatland Corporation
Rico L. Cammon
800 968 0678 ext 4310
Rcammon@greatland.com