May 16, 2005 09:00 ET

LandAmerica® and MindBox® Form Partnership

Companies to Integrate LandAmerica Credit Services Into MindBox Loan Origination and Decisioning Products

GREENBRAE, CA -- (MARKET WIRE) -- May 16, 2005 -- MindBox LLC, a leading provider of rules-based software products for automating loan origination decisions, deal structuring, product eligibility, pricing and underwriting, today announced a strategic partnership with LandAmerica Financial Group, Inc. (NYSE: LFG), a leading provider of real estate transaction services. The partnership was formed to integrate LandAmerica Credit Services technology into all MindBox software products.

LandAmerica Credit Services is one of the nation's largest credit reporting companies providing mortgage brokers and lenders with a full slate of credit reporting products (including tri-bureau merges), fraud products, tax return verification reports, and a broad range of real estate solutions. According to the terms of the partnership agreement with MindBox, LandAmerica will provide MindBox customers access to its credit services directly through MindBox's suite of loan origination and automated loan decisioning products.

MindBox will leverage LandAmerica Credit Services technology through a software connector specially developed as part of the partnership. Customers that have deployed MindBox software systems will be able to seamlessly access LandAmerica Credit Services without having to do any additional technology integration.

"As more and more loans are originated using automated underwriting and deal-structuring systems like MindBox, integrating our credit services into these systems is a tremendous convenience for both borrowers and agents, and therefore an important distribution channel for us," said Patrick Stanton, Executive Vice President -- Sales and Marketing for LandAmerica Credit Services. "Our partnership with MindBox is further evidence of LandAmerica's technology leadership and our continued efforts to offer premium services to our customers."

"Tightly integrated credit services is just one more feature that sets MindBox apart from other automation technologies," said Richard Barfus, CEO of MindBox. "We bring to the table both domain expertise and convenient partnerships like this one, making MindBox a leader in automating financial services processes."

For more information about LandAmerica Credit Services, contact John Stewart, Senior Vice President -- National Sales, at (770) 416-6877 x 143 or

About MindBox

MindBox is a technology company focused on financial services organizations. MindBox products and services have a proven track record of reducing cost and increasing revenue by automating knowledge-intensive business processes. MindBox automates these processes by delivering sophisticated decisioning systems using award-winning rule and case-based reasoning software. MindBox provides software and consulting services that leverage company and industry best practices to automate common lending practices such as underwriting, pricing, product best fit, deal structuring, debt reparation and cross sell across multiple origination channels. MindBox technology integrates internet interfaces and other client contact channels with back-end business operations in one streamlined, efficient system that provides individually-tailored, optimized customer interactions.

About LandAmerica Financial Group, Inc.

Headquartered in Richmond, Virginia, LandAmerica Financial Group, Inc. is a leading provider of real estate transactions. Through its many subsidiaries, LandAmerica serves residential and commercial customers with more than 800 offices and a network of 10,000 active agents throughout the United States, Mexico, Canada, the Caribbean, Latin America, and Europe.

LandAmerica Lender Services provides mortgage originators and servicers a broad range of solutions including title, escrow/closing, credit reporting, appraisals, flood hazard certification, mortgage processing and tax services, as well as foreclosure and bankruptcy services. All LandAmerica services can be accessed, quoted, and packaged on-demand through LandAmerica's LenderXtraOrderTM interface.

About LandAmerica Credit Services

Headquartered in Norcross, Georgia, LandAmerica Credit Services (formerly INFO1®) is one of the nation's largest mortgage credit reporting companies. As a recognized leader in technology and capable of delivering credit reports with built-in fraud protection, LandAmerica Credit Services interfaces with more than 125 loan origination systems providing its customers with the benefits of seamless integration, service in all 50 states, and the convenience of access to ten regional processing centers.

© 2005 MindBox, LLC. All rights reserved. MindBox® is a registered trademark of MindBox, LLC. All other company and product names mentioned may be trademarks of their respective owners.

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