| Origination Announcement

Mortgage Origination Software

Portfolio+ Inc. Introduces a Revolutionary Mortgage Origination Expert System

Toronto, ON, Canada – October 29, 2012: Porrtfolio+ Inc. is pleased to announce the upcoming release of Portfolio Plus Originator, a product that revolutionizes the approach to mortgage origination with the support of an unlimited amount of mortgage partners and team members.

"Today's mortgage origination solutions are limited in their approach to mortgage partners and team management", said G. Robert Leeming. "So we took an approach that would allow us to connect with an unlimited number of partners and underwriting teams. This ensures our customers can work with virtually any partners in the industry and grow their teams as fast as they want. We aim to dramatically reduce the time and cost associated with completing the workflow necessary for mortgage origination."

Portfolio Plus Originator employs a web interface to ensure the solution can be deployed to any user with access to a web browser.

In 2011, Portfolio+ Inc. embarked on the development of several Portfolio Plus Expert systems to help financial institutions automate large scale processes. Portfolio Plus Originator is one of a number of these expert systems which includes Portfolio Plus Collector, to automate collections, Portfolio Plus Surveillant AML/ATF, to monitor and report on suspicious transactions, and Portfolio Plus Forecaster, to predict the cash flow of assets and liabilities.

Since 1988 Portfolio Plus has enabled banks, trust companies, virtual banks, credit unions, and other financial organizations to implement their own flavour of banking to capture the best possible market advantage.

About Portfolio+ Inc.

Portfolio+ Inc. connects financial institutions with customers and partners using innovative technologies. Its software solutions and open banking technology are used by financial institutions in Canada, Ireland, and the UK. With its powerful +Open Banking Platform and fully documented APIs, Portfolio+ has the power to connect banks, credit unions, and financial institutions with an evolving ecosystem of financial services technology that is putting everyday customers in control of their financial data.

Located in the Greater Toronto Area (GTA), Portfolio+ is used by 6 of the 7 largest financial institutions in Canada and is a part of Volaris Group Inc.

 

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