RealEC Technologies Announces Unprecedented Growth in First Quarter 2001; Market Share Distinguishes RealEC Technologies' Market Leadership

Apr 30, 2001, 01:00 ET from RealEC Technologies

    SANTA ANA, Calif., April 30 /PRNewswire/ -- RealEC Technologies, the real
 estate industry's leading secure B2B e-commerce exchange for real estate
 transactions, today announced that its monthly transactional volume has
 increased over 500 percent during the past six months.  This first quarter
 growth has exceeded all forecasts and is a direct result of RealEC's business
 relationships with major industry leaders.
     "This transactional volume has clearly established RealEC Technologies as
 a leader in the e-commerce real estate marketplace," said Jeff Sanderson,
 president of RealEC.  "Our growth is the direct result of the support we have
 from a number of the largest 'players' in the industry.  While others in this
 marketplace have been struggling or failing, RealEC's growth and experience
 continues to validate us as the long term solutions provider."
     To ensure our leadership position in the real estate e-commerce
 marketplace, RealEC has been continually investing in its technology
 infrastructure.  In response to the revised 2001 yearly forecast, RealEC has
 launched another aggressive expansion of the RealEC network.  This expansion
 allows RealEC to maintain its status as a technology innovator, and positions
 RealEC to support the industry's needs for the future.
     "RealEC is committed to continuous enhancements and upgrades of its
 e-Commerce solutions and has made significant investments in its technology
 infrastructure," said Jason Nadeau, chief technology officer of RealEC.  "This
 evolving expansion of RealEC's technology gives us the most robust e-commerce
 network in our industry while preparing us to effectively manage the volume
 that our growth will continue to generate."
 
     Recent RealEC Technology Benchmarks:
     -- April 2001 - RealEC Technologies deployed its newest web server farm.
        The new Web farm increases RealEC's Web capacity by 300 percent.
     -- December 2000 - RealEC Technologies successfully deployed the latest
        version of its Active Routing System (ARS) to provide the industry with
        the leading e-commerce solution.
     -- December 2000 - a parallel enhancement was the introduction of client
        monitoring and data center management tools, which allow RealEC to
        proactively monitor the health of client networks and instantly respond
        in the event of a potential issue.
     -- December 2000 - RealEC deployed the newest version of its Active
        Notification System (ANS), which enables RealEC to update all members
        of a real estate transaction continuously informed on transaction
        status.  It also provides users alternative methods for receiving
        orders and notifications of status events and a wide array of
        notification methods for its users.
     -- April 2000 - RealEC awarded the TruSecure(TM) Certification by
        ICSA.net, a leader in Internet security monitoring.
 
     Designed to facilitate the origination, servicing, statusing and closing
 of real estate transactions and to enable real estate practitioners to
 significantly enhance their businesses, RealEC provides integrated solutions
 through the following core components:
     RealEC Exchange(TM) is an intelligent routing process that offers
 traditional transaction capability and provides a standardized connectivity
 and data transport functionality for originators and vendors involved in the
 transaction.  It also handles data translation and facilitates rapid
 information flow while integrating seamlessly with vendors' production
 systems.
     RealEC TransactionSuite(TM) offers order management, status tracking and
 coordination by intelligently managing vendor selection and coordinating the
 flow of an entire real estate transaction process using a software solution
 and tools that enable online collaboration.  A suite of transaction-based
 products RealEC was created to add value to Lender and Realtor channels and
 was designed to increase the flow of orders to RealEC Service Providers.  The
 suite of integrated solutions targets all parties to a real estate transaction
 in both the residential and commercial arenas.
     RealEC Technologies is an affiliate of Micro General Corporation
 (Nasdaq:   MGEN), a leading full-service enterprise solutions provider of real
 estate industry applications and e-Commerce, and Stewart Title Company is a
 minority owner in RealEC Technologies.
 
     About RealEC
     RealEC Technologies is a fully integrated transaction management services
 company offering online real estate settlement products and services designed
 to provide all parties in a real estate transaction with a complete and
 integrated technology solution for managing their transactions over the
 Internet.  The Company's suite of integrated solutions targets all parties to
 a real estate transaction in both the residential and commercial arenas,
 including Realtors, lenders/mortgage originators, consumers and real estate
 settlement service providers.
     The Company's products are designed to facilitate the origination,
 servicing, statusing and closing of real estate transactions and to enable
 real estate practitioners to significantly enhance their businesses by
 increasing operational efficiencies, improving customer service and generating
 new sources of revenue.  RealEC provides integrated solutions through its
 TransactionSuite of products:  iSelect(TM), ProductSelect(TM) and
 ProviderSelect(TM).  For more information visit: www.realec.com.
 
     About Micro General Corporation
     Micro General Corporation is a full-service enterprise solutions enabler
 offering a complete range of information technology services.  Primary
 expertise is found in the areas of systems integration, application
 development, eCommerce and real estate industry applications.  Services
 include Internet enabling software and technologies; title, trust accounting,
 escrow and real estate related software development; and eCommerce transaction
 and document management capabilities.  With more than 400 current
 installations, other service offerings encompass software and hardware
 installation, training and support capabilities.  Micro General's operating
 subsidiaries and affiliated companies employ more than 500 individuals
 nationwide, primarily in professional and technical positions.  To learn more
 about Micro General Corporation, visit our Website at: www.microgeneral.com or
 call (949) 622-3927.
 
     About Stewart Information Services Corporation
     Stewart Information Services Corporation is a technology driven,
 strategically competitive, global real estate information company.  Stewart
 provides title insurance and related services through more than 5,300 issuing
 locations in the United States and several international markets.  A leading
 provider of real estate information technology and connectivity, Stewart meets
 the needs of the real estate and mortgage industries through the electronic
 delivery of services required for settlement.  In addition, Stewart provides
 expertise in tax-deferred exchanges, surveys and field services.  More
 information about Stewart can be found at www.stewart.com.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X44392857
 
 

SOURCE RealEC Technologies
    SANTA ANA, Calif., April 30 /PRNewswire/ -- RealEC Technologies, the real
 estate industry's leading secure B2B e-commerce exchange for real estate
 transactions, today announced that its monthly transactional volume has
 increased over 500 percent during the past six months.  This first quarter
 growth has exceeded all forecasts and is a direct result of RealEC's business
 relationships with major industry leaders.
     "This transactional volume has clearly established RealEC Technologies as
 a leader in the e-commerce real estate marketplace," said Jeff Sanderson,
 president of RealEC.  "Our growth is the direct result of the support we have
 from a number of the largest 'players' in the industry.  While others in this
 marketplace have been struggling or failing, RealEC's growth and experience
 continues to validate us as the long term solutions provider."
     To ensure our leadership position in the real estate e-commerce
 marketplace, RealEC has been continually investing in its technology
 infrastructure.  In response to the revised 2001 yearly forecast, RealEC has
 launched another aggressive expansion of the RealEC network.  This expansion
 allows RealEC to maintain its status as a technology innovator, and positions
 RealEC to support the industry's needs for the future.
     "RealEC is committed to continuous enhancements and upgrades of its
 e-Commerce solutions and has made significant investments in its technology
 infrastructure," said Jason Nadeau, chief technology officer of RealEC.  "This
 evolving expansion of RealEC's technology gives us the most robust e-commerce
 network in our industry while preparing us to effectively manage the volume
 that our growth will continue to generate."
 
     Recent RealEC Technology Benchmarks:
     -- April 2001 - RealEC Technologies deployed its newest web server farm.
        The new Web farm increases RealEC's Web capacity by 300 percent.
     -- December 2000 - RealEC Technologies successfully deployed the latest
        version of its Active Routing System (ARS) to provide the industry with
        the leading e-commerce solution.
     -- December 2000 - a parallel enhancement was the introduction of client
        monitoring and data center management tools, which allow RealEC to
        proactively monitor the health of client networks and instantly respond
        in the event of a potential issue.
     -- December 2000 - RealEC deployed the newest version of its Active
        Notification System (ANS), which enables RealEC to update all members
        of a real estate transaction continuously informed on transaction
        status.  It also provides users alternative methods for receiving
        orders and notifications of status events and a wide array of
        notification methods for its users.
     -- April 2000 - RealEC awarded the TruSecure(TM) Certification by
        ICSA.net, a leader in Internet security monitoring.
 
     Designed to facilitate the origination, servicing, statusing and closing
 of real estate transactions and to enable real estate practitioners to
 significantly enhance their businesses, RealEC provides integrated solutions
 through the following core components:
     RealEC Exchange(TM) is an intelligent routing process that offers
 traditional transaction capability and provides a standardized connectivity
 and data transport functionality for originators and vendors involved in the
 transaction.  It also handles data translation and facilitates rapid
 information flow while integrating seamlessly with vendors' production
 systems.
     RealEC TransactionSuite(TM) offers order management, status tracking and
 coordination by intelligently managing vendor selection and coordinating the
 flow of an entire real estate transaction process using a software solution
 and tools that enable online collaboration.  A suite of transaction-based
 products RealEC was created to add value to Lender and Realtor channels and
 was designed to increase the flow of orders to RealEC Service Providers.  The
 suite of integrated solutions targets all parties to a real estate transaction
 in both the residential and commercial arenas.
     RealEC Technologies is an affiliate of Micro General Corporation
 (Nasdaq:   MGEN), a leading full-service enterprise solutions provider of real
 estate industry applications and e-Commerce, and Stewart Title Company is a
 minority owner in RealEC Technologies.
 
     About RealEC
     RealEC Technologies is a fully integrated transaction management services
 company offering online real estate settlement products and services designed
 to provide all parties in a real estate transaction with a complete and
 integrated technology solution for managing their transactions over the
 Internet.  The Company's suite of integrated solutions targets all parties to
 a real estate transaction in both the residential and commercial arenas,
 including Realtors, lenders/mortgage originators, consumers and real estate
 settlement service providers.
     The Company's products are designed to facilitate the origination,
 servicing, statusing and closing of real estate transactions and to enable
 real estate practitioners to significantly enhance their businesses by
 increasing operational efficiencies, improving customer service and generating
 new sources of revenue.  RealEC provides integrated solutions through its
 TransactionSuite of products:  iSelect(TM), ProductSelect(TM) and
 ProviderSelect(TM).  For more information visit: www.realec.com.
 
     About Micro General Corporation
     Micro General Corporation is a full-service enterprise solutions enabler
 offering a complete range of information technology services.  Primary
 expertise is found in the areas of systems integration, application
 development, eCommerce and real estate industry applications.  Services
 include Internet enabling software and technologies; title, trust accounting,
 escrow and real estate related software development; and eCommerce transaction
 and document management capabilities.  With more than 400 current
 installations, other service offerings encompass software and hardware
 installation, training and support capabilities.  Micro General's operating
 subsidiaries and affiliated companies employ more than 500 individuals
 nationwide, primarily in professional and technical positions.  To learn more
 about Micro General Corporation, visit our Website at: www.microgeneral.com or
 call (949) 622-3927.
 
     About Stewart Information Services Corporation
     Stewart Information Services Corporation is a technology driven,
 strategically competitive, global real estate information company.  Stewart
 provides title insurance and related services through more than 5,300 issuing
 locations in the United States and several international markets.  A leading
 provider of real estate information technology and connectivity, Stewart meets
 the needs of the real estate and mortgage industries through the electronic
 delivery of services required for settlement.  In addition, Stewart provides
 expertise in tax-deferred exchanges, surveys and field services.  More
 information about Stewart can be found at www.stewart.com.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X44392857
 
 SOURCE  RealEC Technologies