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Release Date:

February 22, 2001

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Dattar Systems, Inc. Releases New Version of AppraisalTrac™

Contact Information:

Karl Dattar
Dattar Systems, Inc.
Phone: (925) 688-1250
Fax: (925) 688-1256
Email: info@appraisaltrac.com
Web Site: http://www.appraisaltrac.com

CONCORD, CA – February 22, 2001 – Dattar Systems, Inc. has released a new version of AppraisalTrac™, its web-based residential appraisal workflow system.  The new version includes enhanced MIS reporting capabilities and a facility to download transaction data into Microsoft® Access, Excel or other format.  Also included are improved appraiser panel management features, which allow lenders to easily assign appraisal orders, based on appraiser coverage area and real-time workload.

The AppraisalTrac™ application, which is built on IBM® technology, is available as a hosted application or as a turnkey solution.  Mortgage lenders utilizing AppraisalTrac have their own dedicated, branded site that is customized to their business rules.  Lenders use AppraisalTrac to collaborate with their fee or staff appraisers, loan officers, and appraisal personnel.  AppraisalTrac eliminates redundant data entry between departments and ensures accurate data entry using the lenders own business rules to deliver reliable, highly accessible appraisal data.

Dattar Systems, Inc. is located in Concord, California.  The company provides information technology to the financial, communications and software sectors.  For additional information on AppraisalTrac or Dattar Systems, Inc. visit their web site at http://www.appraisaltrac.com or http://www.dattar.com

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