Upon completion of a technical review of the Landata e-STAR Plus System, Monroe County concluded that the e-STAR system offered the best value proposition.
"More than 10 companies submitted proposals to Monroe County and they selected Landata Technologies as their new recordation vendor," stated Alan Cellura, president and chief executive officer of Landata Technologies. "We are pleased that Monroe County selected Landata Technologies Inc. Their decision will improve client service and offers the opportunity to incorporate salient cost-effective technologies like e-recording."
All land documents will be recorded through Monroe County's new Landata e-STAR Recordation System(TM).
Monroe County is located in the Finger Lakes region of New York state and is the third-largest county in the state, comprised of 19 towns and 10 villages and the city of Rochester. Monroe County has a population of approximately 800,000 people.
"We are pleased with our decision to select Landata Technologies Inc. as our new vendor," said Cheryl Dinolfo, Monroe County Clerk. "Landata was selected because they offer a flexible .NET architecture that supports both current and future requirements. This decision assures that Monroe County has the technology to incorporate all legislative requirements for e-government solutions."
The installation of the Landata e-STAR(TM) Plus system is planned for the fourth quarter of 2007.
About Landata Technologies Inc.
Landata Technologies, a wholly owned subsidiary of Stewart Information Services Corp. (NYSE: STC), offers electronic document conversion with indexing services, recordation systems, e-recording and data warehousing with e-commerce to government entities and title companies.
About Stewart
Stewart Information Services Corp. is a customer-oriented, technology-driven, strategically competitive, real estate information and transaction management company. Stewart provides title insurance and related information services required for settlement by the real estate and mortgage industries through more than 9,500 policy-issuing offices and agencies in the United States and international markets. Stewart also provides post-closing lender services, mortgage default management solutions, automated county clerk land records, property ownership mapping, geographic information systems, property information reports, flood certificates, document preparation, background checks and expertise in tax-deferred exchanges. More information can be found at www.stewart.com.
Contact:
Stewart Information Services Corp., Houston
Director-Investor
Relations
Ted C. Jones, 713-625-8014
Email Contact
www.stewart.com
or
Landata
Technologies Inc.
President/CEO
Alan Cellura, 877-LANDATA
(toll-free)
Email Contact