SwiftSend Press Release 6/05/06

PORTLAND, OR and BELLEVUE, WA – June 5, 2006 – SwiftView, Inc., the mortgage industry's leading provider of electronic document communications software and services, and Netupdate, Inc., provider of Originator Pro, an online point of sale system, have partnered to enable borrowers to use SwiftView's SwiftSend InBound™ service to send documents to lenders electronically.

A borrower who uses Originator Pro to apply for a loan and check loan status will now be able to easily and securely fax or upload loan documentation directly into an eLoanFolder®.

“We're making electronic submission of documents to lenders very simple,” explained Diane Holmstrom, CEO of Netupdate. “Within each borrower's web site, borrowers can upload documents or print fax cover sheets which are bar-coded to route documents automatically into the correct eLoanFolder®. This cuts substantial time out of the loan cycle and allows Netupdate clients to share incoming documents internally for much faster workflow.”

“If the mortgage industry is striving for a paperless loan process, that effort has to start at the point of sale” added Holmstrom.

“We're pleased to partner with Netupdate and help take paper out of the point of sale,” said Steve Bachelder, president of SwiftView. “With our SwiftSend InBound™ service lenders of all sizes can now start originating loans in a paperless fashion by making the borrower a partner in the elimination of paper. We say 'Start paperless, stay paperless'. ”

“Scanning documents post-closing will soon be a thing of the past for documents that can be created or received electronically,” added Bachelder. “Using our technology, lenders can then share documents electronically throughout the entire loan process, including underwriting, post closing, investor delivery, and final long-term archiving. The savings are so substantial and adoption so easy that no lender can afford to wait very long to convert to technology like ours if they want to remain competitive.”

About SwiftView

Founded in 1985, SwiftView develops and markets value-added tools and services that help organizations worldwide eliminate unnecessary paper in their processes. SwiftSend, a web-based service operated by SwiftView, is the most widely used secure electronic document communications service in the mortgage industry. Nearly 400 lenders nationwide rely on SwiftSend to make their loan processing workflow more efficient and paperless. SwiftSend applications include secure electronic delivery to closing agents and consumers, eDisclosures™ with SwiftSign® eSignatures, shared eLoanFolders®, secure inbound facsimile, paperless collection of borrower documentation, delivery to investors, and more. The company’s SwiftView PCL Viewer is the mortgage industry standard, used by eight of the top ten lenders, as well as most document preparation and title companies, and thousands of companies with millions of users in a wide range of industries worldwide. SwiftView has been named one of Oregon’s fastest-growing companies for the past six years in a row. For more information, please visit www.SwiftView.com.

About Netupdate, Inc.

Based in Bellevue, WA, Netupdate, a developer of lending technologies, offers Originator Pro, an integrated, online point-of-sale system for retail and wholesale lenders who want to increase business from the Internet. Netupdate’s Software as a Solution allows mortgage professionals to work together online to collect borrower information, provide regular communication and status updates, and to move loan data to loan origination systems, significantly reducing the time, cost and complexity of these financial transactions. For more information on Netupdate visit the company’s Web site at www.netupdate.com.

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