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Technology News

Clear Choice Announces Acquisition of BrokerLogix

July 19, 2007

SCOTTSDALE, Ariz., -- Clear Choice Financial, Inc. ("Clear Choice") (Pink Sheets: CLRC - News), today announced it has acquired BrokerLogix LLC.

Currently utilized by mortgage brokers and bankers, BrokerLogix provides a paperless loan origination and processing platform utilizing Web 2.0 technologies, allowing users to reduce closing times and costs while improving performance and customer satisfaction.

"BrokerLogix creates the technology foundation for the new Clear Choice", said Chad Mooney, Clear Choice's Chairman and CEO. "By having this market leading tool in our portfolio, we can focus on growing our business." Mr. Mooney added, "not only does BrokerLogix provide us a leading edge product and service to sell, more importantly, it also brings us a world class IT infrastructure that will enable us to develop and service new business opportunities in the future."

Source: Clear Choice Financial, Inc.



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