Guardian Mortgage Licenses The Diamond Origination Solution

Market Wire, July, 2002

Guardian Mortgage, an independently owned and managed lending and servicing company in South Eastern Michigan and North Central Texas, has just licensed the London Bridge Group Diamond Origination system. Guardian Mortgage has been a London Bridge customer for more than 12 years, using the TMO Origination system, FORUM Secondary system, and LSAMS servicing system.

"We are very impressed with the web-architecture of the Diamond system," said Greg Sweet, Senior Vice President of Guardian Mortgage. "Guardian has multiple branches and therefore, we wanted a system that could be administered from a central location. Diamond gives us the flexibility to do that."

"The Diamond system was designed with scalability in mind. Diamond's true differentiator is its ability to be clustered. This architecture enables more workstations from different branch locations to be served without duplicating software and running it in each individual branch," said Eric Griffin, Senior Development Manager for London Bridge Group.

"We have a small IT staff at Guardian Mortgage," said Greg Sweet. "In choosing Diamond, we feel comfortable that we will be able to effectively administer the system without needing to increase our technical staff. Beyond this, Guardian has a long relationship with the London Bridge Group and I feel that their customer support is one of the strongest in the industry."

"From a business perspective, Diamond was created to meet the requirements of the end user," said Ken Marlin, Diamond Product Manager. "Its architecture provides the necessary infrastructure for businesses of all sizes that want a flexible system to meet their continually evolving needs. Beyond technological advancement, Diamond, like its predecessor TMO, adheres to the ever-changing compliance demands of the industry,"

Guardian Mortgage joins the growing list of Mortgage Lenders utilizing the Diamond system to advance the technology of mortgage lending.

About London Bridge Software Holdings plc

London Bridge Group has over 1200 customers worldwide and provides a comprehensive and unique portfolio of software and eCommerce solutions including Customer and Enterprise Management Software, Intelligent Banking Software, Credit Management Software, and Mortgage Lending software. In the world of Mortgage Lending, London Bridge Group offers solutions to streamline and enhance the entire loan process from Origination through Servicing and Default Management.

London Bridge Group employs more than 750 people and has offices in Atlanta, Aliso Viejo, Orlando, New York, Denver, London, Stratford (UK), S. Africa, Australia, New Zealand, and Singapore. The company had more than $106 million in revenue last year, more than 60% of which originated in the United States. London Bridge Software Holdings plc is listed on the London Stock Exchange.

For further information visit www.london-bridge.com

London Bridge Group
3550 Engineering Drive
Suite 200
Norcross, GA  30092