TSS Software Acquires ClosersEdge

April 22, 2008

TSS Software Acquires ClosersEdge

Annapolis, MD -- TSS Software Corporation (TSS), an independent software provider dedicated exclusively to the settlement services industry, has acquired the assets of Florida-based software company, ClosersEdge, LLC. The central component of the acquisition is the company’s 100% web-based title and settlement system.

TSS sees the addition of this state-of-the-art software as an important enhancement to its product and services offerings, which includes the popular TitleExpress title and settlement platform.

“With the dramatic changes underway in the marketplace, we have observed increasing interest from prospective customers in a pure web-based system. The ClosersEdge acquisition provides us with an excellent foundation to rapidly bring a revolutionary new software offering to the market that integrates all that we have learned from our national customer base and underwriter relationships over the past 15 years,” said Barbara Miller, president and chief operating officer of TSS Software Corporation. TSS plans to announce further details on their new product at their 2008 User Seminar on May 4th-6th in Annapolis, Maryland, at the Loews Annapolis Hotel.

Source: TSS