APPLICATIONS TECHNOLOGY SERVICES CUSTOMERS PARTNERS NEWS/EVENTS COMPANY

LOANCARE DEPLOYS SELF-SERVICE LOAN APPLICATION AND MANAGEMENT SYSTEM WITH XMLCONNECT
Company significantly reduces support costs while improving data integrity and customer service at the same time.

DALLAS, TEXAS (April 11, 2005) — OpenConnect Systems, Inc., the pioneer of secure mainframe-to-web solutions, today announced that LoanCare Servicing Center, Inc. has deployed a comprehensive Loan Management Portal leveraging eXtremeVista and xmlConnect. LoanCare, a wholly-owned subsidiary of LandAmerica Financial Group, Inc., is a Virginia corporation established in 1985 and has been a national servicer of mortgage loans since 1991.

The loan servicing and management market has historically been a painful, paper-based business environment. With the help of OpenConnect's solutions and professional services team, LoanCare discovered a way to automate and streamline day-to-day loan management business processes over the Web. LoanCare used xmlConnect to develop a modern, self-service loan management portal that enables mortgage customers to access, view and manage loans online, including making payments online.

With xmlConnect, OpenConnect and LoanCare deployed a custom portal that makes it easy for end-users to access loan information when they need it. The solution was completed in less than 90 days and used 3270 data streams to access LoanCare’s mainframe based applications via the Web.

"OpenConnect was instrumental in making this happen," said Erik Platte, Network Administrator, at the LoanCare Servicing Center. "Their thorough understanding of the mainframe, combined with their extensive Web-services expertise, enabled us to get a solution up and running in a very short period of time. I would recommend OpenConnect to anyone looking for a secure, economical way of extending mainframe data to the Web."

xmlConnect enables organizations to extend the core business logic embedded in mainframe applications and provide thousands of users with secure access to mainframe information through a Web browser. As a powerful Web services development platform, xmlConnect provides users with extended access to highly scalable enterprise applications through the SOAP/XML interface.

"LoanCare understands how important it is to push mainframe business logic and information out to the Web," said Stuart Burris, president and CTO at OpenConnect Systems. "Web-services provide companies with new ways to extend and automate business processes over the Internet to improve customer service, reduce costs and improve data integrity. Obviously, LoanCare … gets it. We are extremely pleased they chose OpenConnect."

OpenConnect addresses the mainframe-to-Web challenge in a more comprehensive manner than other companies in this space. Only OpenConnect has developed a complete set of solutions and tools that enable organizations to leverage their legacy assets.

OpenConnect's Mainframe2Web Solution Series includes …

Secure Access Solutions

WebConnect - a client -server based software that provides secure browser based emulation to mainframe, midrange and UNIX systems.
WebConnect SSO - extends the powerful features of WebConnect and delivers secure Single Sign-On access to multiple mainframe applications with a single mouse click.
Mainframe2Web Development Tools
eXtremeVista - creates Java objects that can be deployed in a variety of forms to any compliant server. Web-based applications can then access legacy data by calling these Java objects that securely retrieve information from the mainframe.
Visual 3270 - is a suite of powerful host access and emulation tools that allow developers and administrators to rapidly provide TN3270 emulation in the application of their choice.
Web Services Development Tools
xmlConnect – extends the core business logic embedded int mainframe applications and provides users with Web-based access to highly scalable enterprise applications through the SOAP/XML interface.

To learn more about the Mainframe2Web Solution Series please visit www.oc.com or email sales@oc.com.

About OpenConnect Systems, Inc.
OpenConnect is the premier supplier of secure Mainframe-to-Web solutions for Global 2000 organizations. The company’s Mainframe2Web Secure Solution Series provides companies with cost effective, secure access to critical business information and applications within mainframes. By providing customers, partners and employees with secure access to mainframe data, organizations can significantly increase productivity, information sharing and revenue generating opportunities. OpenConnect’s Mainframe2Web Secure Solution Series consists of Secure Access Solutions (WebConnect, WebConnect SSO), Mainframe2Web Development Tools (eXtremeVista and Visual3270) and Web Services Development Tools (xmlConnect). The company’s products are distributed in over 60 countries and used by more than 60% of Fortune 100 companies. For more information on OpenConnect, visit their website at www.oc.com.