AmTrust Chooses KeyMark for Document Capture Implementation

Business Wire, Nov 18, 2008

LIBERTY, S.C. -- AmTrust Bank announces they have selected KeyMark Inc to execute their latest technology implementation: a fully integrated document capture and classification system. AmTrust has consistently been acknowledged by Mortgage Technology Magazine for their use of technology and recently was selected as one of the magazine's top 25 Tech-Savvy Lenders.

"We are excited to embark on this relationship with KeyMark," said Jon K. Baymiller, Executive VP of AmTrust. "This decision is consistent with our strategic direction to streamline business processes, shorten cycle times, and further reduce our loan acquisition costs by utilizing smart technology solutions across all major aspects of the mortgage banking business."

In its nearly 120-year history, AmTrust has grown from a local savings and loan with an office in Cleveland, Ohio, to one of the 20 largest mortgage lenders in the country. AmTrust's e-Vision began in 1999 with Gemstone, the bank's award-winning website. With KeyMark, AmTrust has the ability to automatically identify and process mortgage loan documents as soon as they're received. The KeyMark solution improves efficiency, accuracy, reduces costs, and shortens the amount of time it takes to handle loan documents. Additionally, this technology will aid in mortgage fraud detection and prevention.

"This is a testament to AmTrust's strength," commented Ed McQuiston, KeyMark's VP of sales. "At a time when most banks are cutting spending, AmTrust is continuing its commitment to the progressive use of technology that will save them a significant amount of time and money. This implementation will allow them to continue to grow their volumes, while avoiding hiring extra personnel as well as improving the speed and accuracy of their loan processing system."

About KeyMark Inc:

KeyMark Inc is an award-winning document capture, management and workflow systems provider. For the past 10 years, KeyMark has helped clients increase efficiencies and decrease operating costs in various industries. KeyMark is headquartered in Liberty, S.C. with offices and affiliates in: Indiana, Pennsylvania, Massachusetts and Minnesota. Visit www.keymarkinc.com.

About AmTrust Bank:

AmTrust Bank was founded in 1889, and is headquartered in Cleveland, Ohio. AmTrust has grown from a local savings and loan with one office to a leader in retail banking, with branch offices in Florida, Ohio and Arizona. AmTrustDirect.com, a division of AmTrust Bank, offers online deposit products nationwide. For more information, visit www.amtrust.com.