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Loan-Score Clarifies Acquisition by Arkansas Investment Firm
(Market Wire Via Thomson Dialog NewsEdge) HOT SPRINGS, AR, March 7 / MARKET WIRE/ --
BMC Software and Investments, Inc., a
privately formed Arkansas-based business entity organized on February 21,
2008, has acquired Loan-Score Decisioning Systems LLC. BMC Software and
Investments, Inc. is not affiliated with BMC Software, Inc. (a publicly
traded company) or any of its subsidiaries or affiliates as may have been
implied in a press release issued on March 5, 2008. After closing its
purchase of Loan-Score, BMC Software and Investments, Inc. will transact
business under the name Loan-Score Decisioning Systems.
BMC Software is a registered trademark of BMC Software, Inc. and the
exclusive property of BMC Software, Inc. BMC Software, Inc. (NYSE: BMC) is
a leading global provider of enterprise management solutions that empower
companies to automate their IT and prove its business value. Delivering
Business Service Management and Service Automation, BMC solutions span
enterprise systems, applications, databases and service management. For the
four fiscal quarters ended December 31, 2007, BMC revenue was approximately
$1.7 billion. For more information, visit www.bmc.com.
About Loan-Score Decisioning Systems
Founded in 2000 and headquartered in Irvine, California, Loan-Score
Decisioning Systems offers a true, enterprise-class AUS and product/pricing
engine available on a software-as-a-service (SaaS) and also a self-hosted
basis for all lending channels and product types. The company also extends
various functionality to the point-of-sale via its Web portals. Loan-Score
maintains a comprehensive, up-to-date library of investor guidelines and
pricing to ensure eligibility is met and market conditions are adjusted to
deliver precision-based underwriting that results in fundable loans. The
company has engineered its solutions to deliver swift, cost-are engineered
to deliver swift, cost-effective implementations that integrate with
existing LOSs and avoid inflexible programming efforts and high maintenance
costs. Through Loan-Score's unique approach to customer service, the
company's on-demand SaaS model offers clients the option to utilize its
extensive library of investor guidelines, or the ability to manage unique
program guidelines themselves. Loan-Score's solutions are in production
with small, medium and large lending institutions. For more information,
visit www.loan-score.com or call 949-450-0102.
CONTACT:
Joe Bowerbank
Senior Vice President of Marketing
Loan-Score Decisioning Systems
949.450.0102Email Contact
Copyright ? 2008 Market Wire, Incorporated
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