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RamQuest Releases Version 2.5 of PaperlessCloser™ Plano, Texas, June 7, 2007 – RamQuest Software, Inc., a leading provider of software solutions for the Land Title Industry, announced today the availability of PaperlessCloser version 2.5 for both new and existing customers. PaperlessCloser is the company's online transaction management component of the software solution that RamQuest offers to title and escrow companies. PaperlessCloser is fully integrated with the title production and escrow accounting component, Complete Closing. It provides a title company's customers and business partners with secure, online access to documents, images and order status. PaperlessCloser also enables customers of a title company to submit orders online, saving time and money for the title company by reducing the number of phone calls and increasing the volume of orders that they can facilitate. "We have seen a huge impact on our operation because of the RamQuest Solution," said Sylvia Smith, President and CEO at Western Title Company. "As a mid to large size operation in Nevada, we service multiple counties and are an agent for 6 underwriters. The RamQuest solution has enabled us not just to compete with national players but to surpass them with our technology." Smith went on to say, "RamQuest's PaperlessCloser has allowed us to offer online capability that in the past was done in pieces. It is now a seamless, smooth and efficient process from order entry to delivery of our title search, escrow closing documents and policies. We are able to provide documents and information from closed files to customers in a matter of minutes when before we would spend hours or sometimes days retrieving files from storage." Additionally, Smith attributes a recent gain in refinance market share to the implementation of the PaperlessCloser solution. Among the enhancements made to PaperlessCloser in this release is the New Order Templates that allows a title company's customer entering a new order online to save that order as a template for future use, increasing the efficiency and enhancing the customer experience for the title company's customers. For more information, visit www.ramquest.com/go/pc, where you will find a list of features and benefits and a link to register for a free guided demonstration of PaperlessCloser and the other components that make up the complete RamQuest solution. "Since the introduction of PaperlessCloser, RamQuest has been enhancing our customer's online transaction management capability, enabling them to realize efficiency gains and competitive advantages to help increase market share like never before," said Mark McElroy, President and CEO of RamQuest Software, Inc. "This release continues RamQuest's commitment to address title company issues and inefficiencies with business solutions developed specifically to help customers take action to counter them."
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