iDatix(R) Helps NetBank Automate 25 Million Mortgage Documents in One Year

iDatix(R) Helps NetBank Automate 25 Million Mortgage Documents in
One Year 


CLEARWATER, Fla., Oct. 20  /PRNewswire/ -- iDatix(R) Corporation, a premier
provider of business process automation solutions for the financial services
industry, today announced that NetBank, Inc. (NASDAQ:NTBK), a diversified
financial services provider and parent company of NetBank(R)
(http://www.netbank.com/ ), has successfully scanned, indexed, and stored 25
million pages of mortgage documentation since it began using the iSynergy
Mortgage product suite from iDatix a year ago.

"It is very exciting to see NetBank achieve such quantifiable results with
iSynergy Mortgage," said Steve Allen, iDatix Chairman.  "Our partnership is
truly helping both of our companies expand upon our successes.  Most
importantly, NetBank's use of iSynergy is delivering true, measurable value to
its customers."

NetBank selected iSynergy(R) in 2003 and began deploying it into its mortgage
processing and banking operations during the past year.  NetBank's use of
iSynergy has allowed it to reduce the costs associated with automated and
enhanced loan processing and significantly reduce the amount of time required
for review and packaging of loans for sale into the secondary mortgage markets.

"With help from iDatix, NetBank has been able to automate what's traditionally
been a heavily paper-based process," said David Page, director, Operations
Control, NetBank.  "By doing so, we're able to do business, better, faster and
more economically for our customers."

About iDatix:

iDatix Corporation (http://www.idatix.com/ ), privately held and based in the
Tampa Bay area, develops and installs business process automation solutions
providing dramatic and measurable results for the financial services industry. 
 The company's flagship product suite, iSynergy, has been specifically designed
to leverage unique technology components to automate the collection,
processing, storage, and retrieval of both paper and electronic documents: an
end-to-end solution truly unmatched in the industry.

   Contact:
   Marci Williamson
   727-441-8228
   

DATASOURCE: iDatix(R) Corporation



CONTACT:  Marci Williamson, iDatix(R) Corporation, [phone], or

 



Web site:  http://www.idatix.com/

http://www.netbank.com/ 

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