Data Center and Nortridge Press Release


Press Release
Loan Servicing Customers Benefit from Investment in Fully Redundant Platform at Data Center
August 4, 2009
LAKE FOREST, CA – Nortridge Software LLC, a leader in loan servicing software, announced today that it has bolstered the resiliency and performance of its hosted application offering or SaaS "Software as a Service" delivery of The Nortridge Loan System.
Used by loan servicers who have chosen to outsource the hosting and management of the application, The Nortridge Loan System is hosted on a fully redundant hardware platform at the natural disaster-resistant and SAS-70 Type II audited CyberTrails data center in Phoenix, AZ.
"Our SaaS customers enjoy the benefits of this highly resilient network and its powerful performance," noted Greg Hindson, President of Nortridge. "We feel this further enhances a client data environment that already featured multi-layered security and 24/7 professional staffing." SaaS is a model of software delivery that provides customers access to software without the huge up front licensing costs, Information Technology (IT) management headaches, and associated technology hardware support costs.
About Nortridge Software
Since 1981, Nortridge Software LLC, has provided lenders and loan servicers with the tools they need to successfully manage their loan portfolios. Guided by its mission to optimize loan servicing and management offices, Nortridge has leveraged its extensive experience in banking, lending and software development to provide more than 2,500 clients with quality software solutions and excellent support services. The company is headquartered in Lake Forest, CA. For more information, visit www.nortridge.com.
Nortridge Fast Facts
Founded 1981
Headquarters: 2 South Pointe, Suite 250, Lake Forest, CA 92630 Phone: (714) 573-7988; Fax (714) 573-0297 Web: www.nortridge.com
Remote Office Locations: San Rafael, CA, Denver, CO, and Chicago, IL.
Product & Features: Nortridge Software has been in the loan servicing marketplace since 1981. Our flagship software product, The Nortridge Loan System, has helped thousands of organizations of all shapes and sizes automate the servicing of their loan portfolios and realize increases in the efficiency and accuracy or their operations. The Nortridge Loan System not only does the tracking and accounting for your loan portfolio, it also includes customer relationship management, collections, funds disbursement, security and reporting. Workflow management automates normally time-consuming processes such as loan origination and management on the front-end while the systems flexibility allows for workout and repossession procedures on the back-end.
SaaS or License: The Nortridge Loan System is available for a one time purchase (License) or for a monthly per user fee (SaaS - Software as a Service). With either delivery method, all of the systems features and functionality are available for use.

Media Contact
Tom Kennedy (303) 923-2146
tkennedy@nortridge.com



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