Top 10 Commercial Lenders, Principal Global Investors and Capstone Realty Advisors Utilize Hyland Software's OnBase for Document Management

- Two of top 10 commercial lenders use OnBase to improve process efficiency, cut costs, support disaster recovery initiatives -

Two of the top 10 commercial lenders(1), Principal Global Investors (No. 3) and Capstone Realty Advisors (No. 8) are utilizing OnBase(R), a document management software solution developed by Hyland Software Inc., to electronically capture and store their loan documents.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070110/CLW019LOGO )

With a servicing portfolio of $9 billion and an annual loan production of $2.5 billion, Capstone Realty Advisors' continuous growth could not be sustained with paper processing. To look at each client individually and find the best solution to service each of its 2,000 loans, and more than 500 new loans every year, Capstone chose OnBase to provide electronic access to the thousands of pages included in each loan file. Using OnBase, Capstone has also enhanced employee productivity and improved communication between the company's eight remote branches and the Cleveland home office by allowing multiple employees to access the same file at the same time.

'We knew where our company was and where we projected it would go, and we couldn't get there without moving to automation,' says Marty Clancy, senior vice president and national servicing manager for Capstone. 'We could only meet our projected numbers by minimizing our paper, and OnBase helped us to do that and so much more.'

Principal Global Investors, an entity of Principal Financial Group based in Des Moines, Iowa, manages more than $248.3 billion in assets and is the fourth largest institutional real estate manager in the United States based on tax-exempt assets under management. Principal Global Investors chose OnBase to electronically store the large quantities of correspondence, mortgage documents, servicing agreements, electronic documents and other financial documents the company accumulates in the process of doing business.

OnBase also manages, processes and ensures the security of Principal Global Investors' documents. By collaborating and creating so many business critical documents, Principal Global Investors scans an average of 12,000 documents into OnBase each day. Principal Global Investors' initial cost savings after implementing OnBase was $165,000.

'OnBase has been defined by our organization as a business-critical application. This important status is driving our current disaster recovery plan,' said Heather Mylan-Mains, senior business analyst at Principal Global Investors. 'OnBase is continuing to grow in our organization at a great pace. We are adding new departments on almost a weekly basis.'

'Commercial loans tend to generate the most documentation out of any type of loan, and for commercial lending institutions to be successful and continue to grow, they must find a way to effectively manage their documents and data,' said Jason King, director of Financial Services for Hyland Software. 'Through OnBase, end-users can easily capture and import documents electronically, regardless of original format, and retrieve information from core lending platforms in real time. Additionally, OnBase assists in the automation of processes, leading to faster decisions on approvals, making 'straight-through' processing a reality, from origination through servicing.'

About Principal Global Investors

Principal Global Investors is a diversified asset management organization and a member of the Principal Financial Group(R), with expertise in equities, fixed income and real estate investments, as well as specialized overlay and advisory services. Principal Global Investors manages $248.3 billion in assets(2) primarily for retirement plans and other institutional clients.

About the Principal Financial Group

The Principal Financial Group(R) (The Principal (R))(3) is a leader in offering businesses, individuals and institutional clients a wide range of financial products and services, including retirement and investment services, life and health insurance, and banking through its diverse family of financial services companies. A member of the Fortune 500, the Principal Financial Group has $311.1 billion in assets under management(4) and serves some 18.6 million customers worldwide from offices in Asia, Australia, Europe, Latin America and the United States. Principal Financial Group, Inc. is traded on the New York Stock Exchange under the ticker symbol PFG. For more information, visit www.principal.com.

About Capstone Realty Advisors

Capstone is a premier source of capital solutions for commercial real estate owners and developers supported by a state-of-the-art servicing platform for its institutional lenders. With 25+ lending sources including insurance companies, pension funds, Freddie Mac and Wall Street Conduits, Capstone can accommodate loan sizes up to $100 million, with terms as short as 3 years to as long as 30 years. For more information visit www.capstonegroup.com.

About Hyland Software Inc.
Visit www.onbase.com

Media Contact:
Lindsey Quirk
(678) 781-7217
wma@onbase.com

(1) National Mortgage News, Top Commercial Lenders in Q3 2007, http://data.nationalmortgagenews.com/freedata/?what=commorig.

(2) As of Dec. 31, 2007, Principal Global Investors is the asset management arm of the Principal Financial Group (R) (The Principal (R)) and includes the asset management operations of the following subsidiaries of The Principal: Principal Global Investors, LLC; Principal Real Estate Investors, LLC; Spectrum Asset Management, Inc.; Post Advisory Group, LLC; Columbus Circle Investors; Edge Asset Management, Inc.; Morley Financial Services Inc.; Principal Global Investors (Europe) Limited; Principal Global Investors (Singapore) Ltd.; Principal Global Investors (Australia) Ltd.; Principal Global Investors (Japan) Ltd.; and the majority owned affiliates of Principal International, Inc.

(3) 'The Principal Financial Group' and 'The Principal' are registered service marks of Principal Financial Services, Inc., a member of the Principal Financial Group.

(4) As of December 31, 2007

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Source: Hyland Software

CONTACT: Lindsey Quirk of Hyland Software, +1-678-781-7217,
wma@onbase.com

Web site: http://www.onbase.com/
http://www.principal.com/
http://www.capstonegroup.com/