Math Corporation Announces Licensing and Distribution Agreement with Dorado

Dorado to Include ZMath® with ChannelMaster™ and Mid-OfficeMaster™ Mortgage Demand Chain Management Applications

Green Lake, Wis. and San Mateo, Calif.— April 22, 2003—Math Corporation, the leading provider of calculation component technology to the financial industry, and Dorado Corporation, the leader in Demand Chain Management (DCM) for home lending, today announced a licensing and distribution agreement. Under the agreement, Dorado will embed Math Corp.'s ZMath® Loan Calculation Engine into its ChannelMaster™ and Mid-OfficeMaster™ demand chain management solutions for home lending. Use of ZMath® will enable loan officers, brokers, and processors to rapidly and accurately provide the calculations, including APR and amortization schedules, required for up-front and closing documents ordered through ChannelMaster and Mid-OfficeMaster.

"We are pleased to partner with a best-of-breed vendor who offers a proven solution for complex lending calculations," said Joseph W. Jennings, Dorado president. "Math Corp. solutions provide the consistency, accuracy, and speed our customers demand. Their component-based engine enables easy integration across multiple products and channels."

Dorado ChannelMaster and Mid-OfficeMaster applications help streamline the lending process by delivering comprehensive mortgage information and services to the point-of-sale, the front-office, and mid-office origination desks. Math Corp.'s engine provides robust, expert financial calculations designed specifically to meet the requirements of the home lending industry. Together, Dorado and Math Corp. deliver lightning fast, on-demand access to in-context mortgage calculations for professionals who can't afford to make mistakes.

"Dorado's DCM applications focus on empowering originators with timely, accurate information and services," said Gerald R. Grout, president of Math Corporation. "Our comprehensive calculation engines help them deliver critical calculations as an integrated part of the origination process in both the front and mid office."

Math Corporation

Math Corporation (www.mathcorp.com), a privately held corporation founded in 1982, is the leading supplier of software components for the calculation of the time-value-of-money. The ZMath® Loan Calculation Engine has been in use by consumer, commercial and mortgage lenders alike since 1992. Math Corporation also offers calculation engines for deposits and investments.

Dorado Corporation

Dorado Corporation is the leader in Demand Chain Management software applications for U.S. home lending banks. Dorado’s mortgage, home equity, and real estate products integrate business customers and consumers into lending processes. Dorado’s Web services-based solutions increase flexibility and efficiency and enable the up- and cross-sale of financial products and services. www.dorado.com

Press contacts:
Michael Shohoney
Math Corp.
920-294-0180
michael@mathcorp.com

Melinda Mattei
Dorado Corporation
650-227-7329

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