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eLynx Strengthens Commitment to Insurance Industry
July 30, 2007
Addresses Growing Demand for eBusiness Services
CINCINNATI - July 30, 2007 - eLynx, a portfolio company of S&P 500 member American Capital Strategies Ltd. (NASDAQ: ACAS), and provider of the most pervasive and widely used secure electronic document communications network for the financial services industry, announced today it has expanded its servicing for the insurance industry with the appointment of Danette Miller as insurance product manager. The staff expansion comes as a direct result of increasing market adoption of its on-demand eBusiness solutions designed specifically for the insurance industry.
"Like financial institutions, insurance carriers have highly complex, regulated processes that traditionally have relied on manual and paper intensive processing," explains Robert Nilsson, eLynx vice president of marketing and market development. "eLynx has the technology and proven experience to dramatically reduce cycle times and improve these processes by utilizing fully-compliant e-signature and e-delivery solutions, and our specialized insurance staff are experts in the nuances of insurance business processes. It’s a level of expertise that is difficult to attain, and Danette excels in this regard."
Miller comes to eLynx with more than 20 years of consulting, sales and technology-related experience in all areas of product management. She has worked extensively with key insurance carriers to define, create and market data center, business intelligence, data warehousing and knowledge management solutions. Miller has served in various capacities with SARCOM, Number Six Software, LÛCRUM, Cognos, and Origin Technology. In her new position Miller will draw on her specialized expertise to manage products and services for eLynx’s insurance clients.
"We’re very pleased to have Danette joining us," adds Nilsson, "and we’re confident our insurance clients will benefit greatly from her in-depth understanding of data integration, warehousing and automation for the insurance market. As all of our clients are aware, eLynx has made a firm commitment to expanding our products, services and on-demand secure electronic document communications network to meet the needs of the insurance industry head-on. Our e-signature service alone is already transforming the way insurance carriers do business, and all of our insurance-specific, on-demand eBusiness solutions carry that same promise. eLynx is focused squarely on meeting the very particular needs of the insurance industry. Danette’s joining the team is another positive step in that direction."
About eLynx
eLynx, a portfolio company of S&P 500 member American Capital Strategies Ltd. (NASDAQ: ACAS), provides the most widely used network for electronic document communications services for the financial services industry. Enterprises use eLynx to capture and maintain data electronically throughout the document life cycle, automating paper-intensive processes, improving workflow, reducing costs and ensuring compliance with industry regulations. eLynx serves more than 600 financial institutions including 17 of the top 20 mortgage lenders and more than 100 insurance carriers in the United States. eLynx enables more than 65 percent of the nation’s mortgage closings. In addition, more than 4,000 enterprises worldwide with more than 4 million users in a broad spectrum of industries use eLynx's print management solutions. The company, founded in 1994, operates nationally with headquarters in Cincinnati, Ohio and offices in Portland, Oregon along with data centers throughout the United States. For more information visit www.elynx.com