Ellie Mae Chooses Wave Systems to Add Trusted Electronic Signature Solutions for Mortgage Industry Wave to Integrate eSign Compliant Document Solutions into Ellie Mae’s Award-Winning Encompass® Mortgage Automation System
Lee, MA – March 26, 2007 – Wave Systems Corp. (NASDAQ: WAVX) announced today that it has licensed its eSign Transaction Management Suite (eTMS) for integration into the eFolder of the Encompass ® Mortgage Automation System, Ellie Mae Inc.'s first electronically-signed mortgage document solution. Wave's trusted electronic signature solution can be used to automate thousands of eFolder transactions monthly by eliminating the ink signatures and document transportation costs of faxes or other types of delivery service.
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