Basis100 Endorses Integration Partner for Automated Property Valuations

Solimar Valuation Technology Available via the Web and Customized

Integration



Booth 806, 808 at MBA Technology



Apr 16, 2001, 01:00 ET from Basis100 Inc.

    SAN FRANCISCO, CA, April 16 /PRNewswire/ - Basis100 Inc. (BAS:TSE), a
 leading e- commerce technology solutions provider for the financial services
 industry, today announced at the Mortgage Bankers Association's Mortgage
 Technology Conference, a strategic alliance with integration services provider
 Decade Systems Corp.
     Decade Systems provides services that enable companies to integrate their
 technology with Basis100's Solimar Valuation Technology. Available via a Web-
 browser in seconds, Solimar Technology provides automated valuations for
 residential properties.
     Basis100 Vice President of National Sales and Marketing Rob Walker said,
 "Today's mortgage industry is continually striving to reduce keystrokes and
 eliminate data-entry redundancy. For customers who wish to outsource the
 creation of an interface to our service or any other industry services
 platform, Decade provides the perfect solution."
     "We're constantly looking to do business with category leaders," said Don
 Covey of Decade Systems "With its more than 650 mortgage lender customers,
 including eight of the top equity lenders, Basis100 is a clear market leader
 in automated valuation."
     Integration to Solimar Valuation Technology is available through a
 variety of communications protocols including FTP, HTTPS and SOAP. Supported
 file format styles for valuation requests and results include HTML, XML and
 delimited ASCII. Requests for valuations are processed within seconds whether
 submitted through an integrated service request or directly via the Basis100
 Web page.
     "Increasing the methods of access to our products validates our
 leadership in providing financial institutions today with the mortgage
 technology infrastructure of tomorrow," said Basis100 Chairman and CEO Gary
 Bartholomew.
 
     About Basis100
 
     Basis100 is a leading e-commerce technology solution provider for
 financial institutions and service providers enabling them to build,
 distribute, buy and sell their products and services in new ways. Basis100 is
 focused on the mortgage origination, consumer credit, fixed income trading,
 and service vendor markets across North America. For more information about
 Basis100, visit www.basis100.com.
 
     About Decade Systems Corp.
 
     Decade Systems is a leading provider of Information Integration
 Solutions. The core product, TEDI (Total Enterprise Data Integration) provides
 data integration aggregation, translation, transmission, and processing. TEDI
 builds the connectivity within an enterprise and among trading partners that
 enables it to move information seamlessly throughout the organization,
 increasing efficiency, eliminating human error, and freeing the organization
 to focus on its core business processes. For more information about Decade
 Systems, visit www.decadesystems.com.
 
     Forward-looking (safe harbor) statement
 
     Statements made in this news release that relate to future plans, events
 or performances are forward-looking statements. Any statement containing words
 such as "believes", "plans", "expects" or "intends" and other statements which
 are not historical facts contained in this release are forward-looking, and
 these statements involve risks and uncertainties and are based on current
 expectations. Consequently, actual results could differ materially from the
 expectations expressed in these forward-looking statements.
 
 
 

SOURCE Basis100 Inc.
    SAN FRANCISCO, CA, April 16 /PRNewswire/ - Basis100 Inc. (BAS:TSE), a
 leading e- commerce technology solutions provider for the financial services
 industry, today announced at the Mortgage Bankers Association's Mortgage
 Technology Conference, a strategic alliance with integration services provider
 Decade Systems Corp.
     Decade Systems provides services that enable companies to integrate their
 technology with Basis100's Solimar Valuation Technology. Available via a Web-
 browser in seconds, Solimar Technology provides automated valuations for
 residential properties.
     Basis100 Vice President of National Sales and Marketing Rob Walker said,
 "Today's mortgage industry is continually striving to reduce keystrokes and
 eliminate data-entry redundancy. For customers who wish to outsource the
 creation of an interface to our service or any other industry services
 platform, Decade provides the perfect solution."
     "We're constantly looking to do business with category leaders," said Don
 Covey of Decade Systems "With its more than 650 mortgage lender customers,
 including eight of the top equity lenders, Basis100 is a clear market leader
 in automated valuation."
     Integration to Solimar Valuation Technology is available through a
 variety of communications protocols including FTP, HTTPS and SOAP. Supported
 file format styles for valuation requests and results include HTML, XML and
 delimited ASCII. Requests for valuations are processed within seconds whether
 submitted through an integrated service request or directly via the Basis100
 Web page.
     "Increasing the methods of access to our products validates our
 leadership in providing financial institutions today with the mortgage
 technology infrastructure of tomorrow," said Basis100 Chairman and CEO Gary
 Bartholomew.
 
     About Basis100
 
     Basis100 is a leading e-commerce technology solution provider for
 financial institutions and service providers enabling them to build,
 distribute, buy and sell their products and services in new ways. Basis100 is
 focused on the mortgage origination, consumer credit, fixed income trading,
 and service vendor markets across North America. For more information about
 Basis100, visit www.basis100.com.
 
     About Decade Systems Corp.
 
     Decade Systems is a leading provider of Information Integration
 Solutions. The core product, TEDI (Total Enterprise Data Integration) provides
 data integration aggregation, translation, transmission, and processing. TEDI
 builds the connectivity within an enterprise and among trading partners that
 enables it to move information seamlessly throughout the organization,
 increasing efficiency, eliminating human error, and freeing the organization
 to focus on its core business processes. For more information about Decade
 Systems, visit www.decadesystems.com.
 
     Forward-looking (safe harbor) statement
 
     Statements made in this news release that relate to future plans, events
 or performances are forward-looking statements. Any statement containing words
 such as "believes", "plans", "expects" or "intends" and other statements which
 are not historical facts contained in this release are forward-looking, and
 these statements involve risks and uncertainties and are based on current
 expectations. Consequently, actual results could differ materially from the
 expectations expressed in these forward-looking statements.
 
 
 SOURCE Basis100 Inc.