NextAce Announces Technology Partnership with NAZCA Solutions
Partnership Accelerates Expansion of
NextAce’s Automated Title Products Nationwide
Anaheim Hills, Calif. – April 11, 2006 – Automated title software and application service provider, NextAceSM (www.nextace.com), announced today a strategic technology partnership with NAZCA Solutions Inc. (www.nazcainc.com), a property data extraction and management solutions provider. Having successfully completed a proof of concept, the agreement gives NextAce title industry customers the new ability to access county property data and produce automated title reports and commitments in targeted non-title plant areas of the United States.
According to NAZCA Solutions CEO Ted Mondale, “Joining technology forces with industry innovator NextAce is an exciting proposition that we foresee significantly and positively impacting title companies, lenders, and even those buying and refinancing homes.”
Recently awarded the Pasadena Entretec PricewaterhouseCoopers Entrepreneurship Award for business vigor and innovation, NextAce’s application service provider (ASP) offering Title EDGESM provides the title industry the ability to drive title costs down through software automation and smart industry partnerships.
NAZCA Solutions’ technology allows NextAce title customers to extract, integrate and deliver an assortment of data in counties — ranging from county index, property maps to tax records — that until now required dealing separately with a variety of disparate county offices and systems. Through this newly formed technology partnership, NextAce title industry customers will realize a level of automated title commitment reporting previously deemed too timely and cost-prohibitive to pursue as the companies implement the offering in targeted non-title plant areas of the U.S.
“The combined Title Edge and NAZCA Solutions offering clearly give our title customers a newfound capability,” explains NextAce CEO Don Cantral.“We now can give them the ability to generate title commitments in areas where electronic title examination production was previously unavailable. “This is an exciting development for an industry that understands the economic importance of supporting technologies that can positively affect the costs of processing real estate transactions and contribute to the title industry’s evolution.”
About NAZCA Solutions Inc.
Founded in April 2003 by former Minnesota State Senator Ted Mondale, NAZCA Solutions is a privately held company that uses proven technology originally developed for Fingerhut/Petters Group to automate the extraction, management and reporting of county property and school district data. Winning the Microsoft Pinnacle Award in 2003, the NAZCA Solutions’ combined broker engine and Spider technology create a powerful set of tools which seamlessly extract, integrate and present property information which previously could not be combined together. The result is a comprehensive, enterprise-wide framework with the flexibility to adapt to virtually any business process. For more information, visit www.nazcainc.com.
NextAce is a privately held technology company that provides software and services primarily to the title insurance and mortgage lender industries. Recently awarded the 2006 Pasadena Entretec PricewaterhouseCooopers Entrepreneurship Award for entrepreneurial vigor and business achievements, the company’s Title EDGESM process was established in 2003 to assist title companies in streamlining the production of preliminary reports and commitments. Title EDGE is currently used by title companies servicing 38 California counties and counties in five other states, including: Arizona, Florida, New York, Texas, and Washington. Additional information on NextAce can be found at www.nextace.com.
©2006 NextAce. NextAce and Title EDGE are service marks of NextAce Corporation in the United States and other countries. All other brand and product names are trademarks or registered trademarks of their respective companies.
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