Compliance Systems, Inc. Adds Industry Expert and Innovator to Its Mortgage Team

Roger Gudobba to Lead CSi Mortgage Strategy

Compliance Systems, Inc. (CSi), a leading provider of compliance documentation systems to the financial industry, today announced an addition to its Mortgage Business Unit. Roger Gudobba, a leading expert in the mortgage industry, joins CSi as its Chief Strategy Officer with responsibilities for new business development and strategic planning.

Mr. Gudobba brings over twenty years of experience to the Business Unit, most recently as a senior principal with Wolters Kluwer Financial Services where he was instrumental in developing and maintaining business relationships. In addition, Mr. Gudobba was a key contributor to the success of VMP Mortgage Forms, now part of Wolters Kluwer Financial Services. In 2004, Mr. Gudobba was the recipient of Mortgage Technology Magazine's Steve Fraser Award, and in 2005, Mortgage Banking Magazine named him one of its Information Technology All-Stars.

Mr. Gudobba makes the following observations. 'One of my principal themes in the industry's evolution to electronic mortgage documentation is that it's all about the data. Old schools of thought keep trying to fit transaction information onto a fixed document, which is inefficient and prone to errors. When the data becomes the central focus point, the documentation assembles around the data making the entire process efficient. No other company has mastered this concept like CSi, and I am honored to be part of the Mortgage Team.'

'We are extremely excited to have such a well-respected, outstanding industry innovator and visionary join our team to help us further our efforts and strategy in the mortgage industry,' said Dennis Adama, CSi President. 'Roger Gudobba's insight and expertise along with our proven compliance documentation technologies will help mortgage lenders alleviate compliance burdens, mitigate risk and significantly streamline the mortgage documentation process.'

The CSi Mortgage product is based on CSi's IntelleDoc Solutions(TM) technology platform that employs a seamless application of industry knowledge, compliance and business logic, extensive compliance processes, and dynamic document technologies. CSi IntelleDoc Solutions(TM) are developed in a .NET environment and are designed to be integrated into software applications. CSi IntelleDoc Solutions(TM) support Mortgage, Consumer and Commercial Lending and Deposit lines of business through one system that is dynamic and data driven. CSi IntelleDoc Solutions(TM) are deployed through major software providers to the financial industry and are used by over 300 financial institutions nationwide.

About Compliance Systems, Inc.: Headquartered in Grand Rapids, MI, Compliance Systems, Inc. (CSi) is a trusted and reliable partner who delivers the market's leading document and compliance technology. Cost-effective and easy-to-integrate, CSi's solutions are changing how the financial industry measures compliance documentation excellence. For over 25 years CSi products have helped financial institutions meet their demanding documentation needs for lending, deposit and tax-favored account functions. For more information, call 800-968-8522 or visit www.compliancesystems.com.

SOURCE Compliance Systems, Inc.
/CONTACT: Kelly Booth of Compliance Systems, Inc., +1-800-968-8522 ext 266/