eLynx Upgrades National Data Centers—New technology will provide many benefits to eLynx and its clients

Printer-friendly versionPDF version

April 06, 2010

CINCINNATI – April 6, 2010– eLynx, a portfolio company of American Capital (NASDAQ: ACAS), today announced that it had completed work on its national data centers that has resulted in a secure, highly available, unified computing infrastructure that will provide increased scalability, reliability and flexibility to the company and its clients.

“Because we maintain our own data centers we have the flexibility to make upgrades when it benefits our clients,” said Sharon Matthews, eLynx president and CEO. “It’s one of the benefits of owning your own “cloud” and it will allow us to keep up with the increased demand caused by rapid adoption of our new eClosingNet (eCN) offering.”

New virtualization capabilities in the data centers offer a number of benefits, including increased scalability, better hardware utilization and higher efficiencies. The company says the move provides a single access point to manage and view information, regardless of data source or physical location.

eLynx anticipated that data center changes would be required to handle the increased business early last year and began making plans for this work at that time. This was a planned investment that has already benefited the company as its eCN service has gained industry acceptance faster than anticipated.

Last October, eCN was launched with one top 5 U.S. lender/servicer in full production that accounts for more than 20% of the nation’s mortgage volume. Since then, the network has been attracting more lenders, including a second top 10 U.S. lender. The platform, which connects originators to nearly 100,000 settlement agents, is now helping to close more than 30% of the industry’s loan volume.

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. Over 4,000 enterprises worldwide, comprising more than 4 million users in a broad spectrum of industries, use eLynx's enterprise document output solutions 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 Chicago. For more information, visitwww.elynx.com.

Company Contact:

Robert Nilsson
Vice President of Marketing and Market Development, eLynx

rnilsson@elynx.com

Media Contact:

Rick Grant
800-979-9049
570-497-1026 (cell)

rick@rickgrant.net

News Source : eLynx Upgrades National Data Centers—New technology will provide many benefits to eLynx and its clients