IIB Bank implements Meridio for Mortgage Processing

Meridio helps IIB eliminate paper and improve customer service

Belfast NI, April 19, 2007 – Meridio, the leading worldwide provider of enterprise Document and Records Management (eDRM) software engineered for Microsoft® .NET based technologies, today announced that IIB Bank, one of the leading providers of financial services in Ireland, is utilizing the Meridio® eDRM system to manage the documentation in mortgage loan processing.

Meridio® is used as part of an overall solution that facilitates the processing of Mortgage applications at IIB Bank. Meridio partner Kainos, designed, developed and implemented a web-enabled solution called 'Solas', which provides IIB's staff, across multiple offices, with immediate access to all the information and documentation necessary to process a mortgage case.

"This system revolutionizes the way we do business, significantly enhancing our service to customers and the broker network, and consolidating IIB's position in the Irish market place," said John Delaney, Director, IIB Homeloans.

More information on the IIB solution is available here.

About Meridio

Meridio is a leading worldwide provider of enterprise Document and Records Management (eDRM) software, engineered for Microsoft® .NET based technologies. Meridio® enables organizations to meet their corporate governance needs including compliance to legislation, avoidance of litigation, and business process optimization. Meridio with Microsoft provides complete lifecycle Enterprise Content Management (ECM), from document creation and modification, to record declaration, policy-driven retention and final disposal.

Meridio is a Microsoft Gold Certified Partner with operations in North America, Europe and Asia Pacific.

For more information, visit http://www.meridio.com.

The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

Meridio contacts:

John Bellegarde

VP Marketing

Tel: +1 (850) 948-9937

j.bellegarde@meridio.com

Bob Ward

Marketing Manager, EMEA

Tel: +44 (0)7798 505 745

b.ward@meridio.com