3t Systems is pleased to announce the addition of Kim Karouni as Mortgage Cadence Product Manager. With over 20 years of mortgage banking experience, Ms. Karouni brings comprehensive working knowledge of lending operations to guide the development and implementation of Mortgage Cadence, 3t's custom loan origination software. Ms. Karouni acted in key management positions in both retail and wholesale loan environments, with focus on loan production, underwriting, commercial lending and secondary marketing. In addition, some of the nation's top lenders have relied on Ms. Karouni's leadership in the areas of due diligence and advisory services, portfolio retention and securitization, process reengineering, and secondary market execution.

As a new member of the 3t Systems team, Ms. Karouni will continue to approach all her projects with an emphasis on using technology to build efficiencies and reduce underutilized capacity. Ms. Karouni's responsibilities will focus on initiating product enhancements to ensure Mortgage Cadence maintains best-in-class status. She looks forward to participating in industry events, reviewing and analyzing proposed product changes, and working closely with the Mortgage Cadence development to ensure industry-wide application usefulness.

3t Systems President, Michael Detwiler, is confident that Ms. Karouni's expertise will facilitate Mortgage Cadence market penetration: The addition of Ms. Karouni as Mortgage Cadence product Manager assures existing and future clients that the application is developed from the mortgage professional's perspective. Ms. Karouni will clearly persist in improving the functionality and usability of the Mortgage Cadence product.

One of the first projects Ms. Karouni will undertake is the release of Mortgage Cadence for 3t client, United Capital Mortgage Company, which is scheduled to go-live in August, 2002. According to Ms. Karouni, Mortgage Cadence is a great product supported by a phenomenal team. I am anticipating a very smooth implementation process.