eCN Passes the 1 Million Loan Milestone - Rapid acceptance indicates that eCN is solving lender and settlement agent problems

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CINCINNATI – September 23, 2010 -- eLynx, a portfolio company of American Capital (NASDAQ: ACAS), today announced that it has surpassed the one million loan milestone for transactions flowing through the company's innovative eCN (electronic closing network) service. The service seamlessly integrates into a mortgage lender’s existing closing process to increase loan quality and meet the government’s demands for more accurate closings.

Built on expediteSM, eLynx’s platform for secure document collaboration and distribution for the financial services industry, eCN connects industry parties – and their supporting systems – in ways that never existed before. The result is a streamlined process, a single view into regulatory compliance, reduced risk of errors and fraud, and improved customer service.

”We're pleased to see the rapid adoption of eCN,” said Sharon Matthews, eLynx president and CEO. “This level of acceptance is a clear indication that eCN is a system that was needed by the industry to solve long standing problems for both lenders and settlement agents.”

eCN has rapidly gained industry acceptance since it was released last year. In addition to processing more than 1 million loans in its first year, the system also has approximately 100,000 settlement agents registered to use it. eCN makes it significantly easier to reconcile the data and documents used in the loan closing process by providing direct, secure connections between mortgage professionals and systems.

About eLynx
eLynx, a portfolio company of American Capital (NASDAQ: ACAS), provides the most widely used network for electronic document collaboration and distribution 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 500 financial institutions, including 7 of the top 10 banks and has processed over 45 million loans. In addition, over 4,000 enterprises worldwide, comprising more than 4 million users in a broad spectrum of industries, use eLynx's enterprise document viewing and output software daily. The company was founded in 1994 with headquarters in Cincinnati and offices in Portland, Oregon. It maintains redundant data centers in Beaverton, Oregon and Cincinnati, Ohio. For more information, visit www.elynx.com.

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Company Contact:
Robert Nilsson
Vice President of Marketing and Market Development, eLynx
800-466-5969
rnilsson@elynx.com

Media Contact:
Rick Grant
800-979-9049
rick.grant@rga-pr.com

News Source : eCN Passes the 1 Million Loan Milestone — Rapid acceptance indicates that eCN is solving lender and settlement agent problems