Simplifile and Rekon Technologies Enter into Strategic Integration Partnership
on: January 8, 2009, 5:08 am
Press Release Author: Rekon Technologies
Press Release Summary: The newly formed partnership between Rekon Technologies and
Simplifile will allow users of the Rekon processing system to instantly and securely
send lien release, assignment and other documents to the Simplifile e-recording
Press Release Body: PROVO, UTAH - January 7, 2008 - Simplifile, the leader in
e-recording, and Rekon Technologies, a leading software vendor in the mortgage loan
servicing industry, today announce that they have entered into a strategic
partnership to integrate Rekon's lien release and assignment processing system into
the Simplifile e-recording system.
The newly formed partnership will allow users of the Rekon processing system to
instantly and securely send documents to the Simplifile e-recording system. The
solution will automatically upload recordable documents into the customer's
Simplifile account and create a new e-recording package. This tight integration
allows Rekon users to quickly and easily prepare documents and electronically record
them with Simplifile's enabled counties throughout the United States from the
convenience of their own office.
"Rekon is known for its advanced method of lien release and assignment document
preparation," said Aurora Marsh, CEO of Rekon Technologies. "By integrating Rekon
into the Simplifile e-recording system, the combined solution fuels the current
industry trend toward paperless solutions. Our strategic partnership with Simplifile
provides our clients with an opportunity to build state-of-the-art networks that
will give them the edge in delivering excellent customer service, resulting in
increased customer satisfaction."
"Simplifile is pleased to work with Rekon to bring the benefits of industry leading
lien release and assignment processing with the Simplifile e-recording system," said
Erik Blomquist, Simplifile Vice President of Technology. "Rekon is a leader in the
mortgage loan servicing industry. With the integration of Rekon into the Simplifile
e-recording system, our mutual clients will benefit from the integrated systems to
more efficiently prepare and record documents, and virtually eliminate the need for
Simplifile provides innovative, simple, and secure electronic recording services via
the Internet. Simplifile's customers include title companies, banks, attorneys, lien
filers, and county and state government jurisdictions. Simplifile electronic
recording services accelerate document recording and simplifies document workflow
processes that reduces costly overhead associated with traditional submission and
recordation methods while improving client service levels.
Simplifile is focused on building the industry's de facto electronic recording
network. As such, Simplifile provides a streamlined and scalable approach to
electronic recording tailored to organizations of all shapes and sizes. For more
information on how Simplifile can benefit your organization, visit
www.simplifile.com or call 801.373.0151.
About Rekon Technologies
Rekon Technologies offers technology solutions to the loan servicing industry,
providing tools to track, manage, prepare and record loan documents such as lien
releases, assignments, UCC terminations, trailing documents and others.
Rekon Technologies' flagship product and namesake "Rekon" is a fully sustainable
workflow driven document preparation and management system, integrated with imaging
and eRecording solutions to process loans from payoff to recording in a truly
automated and paperless environment from anywhere in the world. Meanwhile, the
DokTrak software is considered to be the most versatile document tracking and data
warehousing technology solution, especially in resolving the gap between origination
and servicing, including the processes of post closing and file certification for
securitization. More information about Rekon Technologies and its products is
available by visiting www.rekon.com or calling 626.577.4350.
"Simplifile" is a registered service mark of Simplifile, LC.
Rekon is a registered trademark of Rekon Technologies, Inc., a California
Web Site: http://www.rekon.com
Contact Details: Cindy Gainsforth
23 E. Colorado Blvd.
Pasadena, CA 91105