Ellie Mae Promotes Corr to COO

""Ellie Mae"":www.elliemae.com/ has appointed a new chief operating officer, with the announcement that Jonathan Corr will be taking over the executive role. Corr has previously been responsible for the company's corporate and product strategy in his position as Ellie Mae's executive vice president and chief strategy officer.

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As chief operating officer, Corr will assume leadership of Ellie Mae's sales, business development, marketing, client services, and client support divisions. During his tenure with the company, Corr has been active in developing flagship products for Ellie Mae, including its popular Encompass360 program.

Joining Ellie Mae in 2002, Corr was initially brought on board as the entity's senior vice president of product strategy. Prior to serving Ellie Mae, Corr built his reputation in the industry while

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holding executive level positions with ""PeopleSoft, Inc."":www.oracle.com/, and ""Kana/Broadbase Software/Rubric"":www.kana.com/. Additionally, Corr was named to _Mortgage Banking_ magazines list of IT All-Stars in 2007.

Commenting on Corr's hiring, Ellie Mae's founder and CEO, Sig Anderman said, ""This is a great milestone for our company. Jonathan has been the driving force behind the development and impressive adoption of all of our flagship products, including Encompass360 and its hosted ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô or SaaS ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô edition, as well as the Ellie Mae Network that electronically connects originators to the business partners they need to work with to process and fund loans. He has also been instrumental in the company's successful IPO last April, and in the acquisitions of Del Mar DataTrac, Mortgage Pricing Systems, Mavent and Online Documents, Inc."" ├âÔÇÜ├é┬á

Anderman continued his positive statements on Corr's performance record with the company, noting, ""Jonathan embodies vision, talent, intellect and leadership ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô that is clearly evident in the impressive growth we have had during his tenure with the company. We are looking forward to our continued success as Jonathan takes this expanded role in the management of Ellie Mae.""

Ellie Mae provides automation solutions for the mortgage industry via platforms such as Encompass and Encompass360. The company also hosts the Ellie Mae Network, which allows mortgage professionals to utilize electronic business transaction capabilities with lenders and settlement service providers.