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eLynx Expands Company with Growing Sales, Support Staff along with Adding Additional Data Center

October 24, 2005

Cincinnati-based eLynx Ltd., a leading provider of secure electronic information management solutions and services for the financial industry, announced from the 92nd Annual Mortgage Bankers Association Convention and Expo significant company growth with the addition of two new regional sales managers, the activation of its second data center and the expansion of its Cincinnati headquarters. 
 
Last year, eLynx processed an estimated 25 million secure electronic transactions and predicts continued growth in transactions with the addition of new customers along with adding new service transactions for its customer base.  According to company officials, amplified industry demand for the solutions that eLynx’ provides, required the company to increase its existing resources. Company enhancements implemented included adding approximately 3,500 sq. ft. to its Cincinnati office headquarters, bringing two new regional sales managers, Christian Wright and Jim Wyles, to the team, and the addition of a second data center, located in Atlanta. 
 
“The demand for effective ways of improving business workflow is not only at a peak in the financial industry, but is surging across multiple industries,” said Phil Huff, president and CEO of eLynx. “At eLynx, our success is reliant on our unequalled ability to deliver services that meet the needs of our customers, no matter what industry, securely, accurately, easily and efficiently. When we recognized the growing need for effective information management solutions across multiple industries, we wanted to have all the necessary resources in place to answer each call.” 

As industry demand for effective ways of improving business processes and efficiencies continues to build, eLynx has added to its team two regional managers. Jim Wyles and Christian Wright both joined eLynx’ sales team earlier this year, as dedicated customer support for eLynx’ escalating customer expansion in the Western United States. Prior to joining eLynx, Wright spent nearly a decade at Sacramento, Calif.-based Automatic Data Processing (ADP), where he was recognized as a driving force behind the company’s new business achievements. Wyles, also a seasoned sales executive, brings his knowledge and experience in technology and financial industries to eLynx management team.   Both Wright and Wyles support eLynx’ Western region business goals as the company extends its services to additional vertical markets.

eLynx has also added a second data center,
hosted by Atlanta-based SunGard Availability Services. With the addition of an additional data center, eLynx becomes the first to provide customers with the security and protection of two data processing and storage facilities. The Atlanta data center mirrors all of the functionalities and fault tolerance developed and used in eLynx' original, Chicago-based data center. Both data centers are Tier 1 facilities as those powered by major online businesses such as Google, Yahoo, Expedia, etc.  In the unlikely event of a catastrophe, natural disaster or any other outage at eLynx’ primary document hub, eLynx business processes stay streamlined, ensuring that their customers, who rely on eLynx Web based services, can conduct business as usual.

“eLynx is the leading secure electronic delivery provider for the mortgage and financial industries, and is adding to its customer roster daily,” said Robert  Nilsson, vice president of Business Development for eLynx. “As we focus on new opportunities and markets in need of our services, we are now prepared for the anticipated growth. eLynx’ powerful value proposition of secure electronic solutions and services, our proven performance record throughout the financial industry and with these company enhancements now in place, put us in position to answer the call for improved workflow for any industry.”

About eLynx

Cincinnati-based eLynx Ltd. provides the financial services industry with all the tools and solutions needed for secure electronic information management. The company delivers soft-paperä technology that transforms costly paper-intensive processes into secure electronic solutions that save time and money.  eLynx provides effective and customized solutions to deliver streamlined data and document processes that fully integrate with a company’s existing business systems. Today, eLynx customers include 14 of the nation’s top twenty lenders, account for more than 35 percent of all mortgage transactions. Last year, eLynx solution processed approximately 25 million secure transactions.  For more information about eLynx, visit the company’s Web site at www.elynx.com.

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