Dattar Systems and AppraisalTrac® In the News

CONCORD, CA – October 16, 2000 – Dattar Systems, Inc. launches AppraisalTrac, a residential appraisal workflow application at http://www.appraisaltrac.com. AppraisalTrac expedites appraisal workflow and communications between lenders, appraisal management firms and appraisers. AppraisalTrac is intended for use by lenders and appraisal shops that have the need to automate their residential appraisal workflow. This innovative workflow is accomplished via the World Wide Web, which means that there is no software or hardware to buy, install, maintain or update.

AppraisalTrac enables loan originators and appraisal management companies to automate their appraisal business in an efficient, cost-effective manner. This electronic workflow system expedites both the management and delivery of appraisals. It also helps reduce phone, fax and courier costs typically associated with the appraisal process. Because the only requirement to use AppraisalTrac is a compatible web browser, it appeals to users who have neither the desire to purchase, nor the staff to support expensive client-server solutions.

Dattar Systems, Inc. is located in Concord, California. The company provides information technology to the financial, communications and software sectors. For additional information on AppraisalTrac or Dattar Systems, Inc. visit their web site at http://www.appraisaltrac.com.

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