$3.2 BILLION MORTGAGE COMPANY BENEFITS FROM C2C EMAIL ARCHIVING SOFTWARE

23rd May 2007

-- Archive One minimizes retrieval times previously measured in days --

C2C, the leading supplier of enterprise email archiving software, today announced that Market Street Mortgage, one of the nation’s leading retail originators of residential mortgage loans, has implemented its Archive One solution to minimize the time and expense required to retrieve its archived email messages.

Market Street Mortgage was founded in 1986, has headquarters in Clearwater, Fla. and is a wholly-owned subsidiary of NetBank.  In 2006, Market Street Mortgage closed $3.2 billion in mortgage loans.  The company and its subsidiaries have a staff of more than 600 across 60 locations, serving home buyers, home builders and real estate agents all across the country.

Market Street Mortgage was relying on PSTs and using backup tapes to store their email in order to meet industry regulations and protect against litigation suits, a process which became increasingly time consuming and expensive when the company needed to retrieve email data.

“To find a copy of an old email for legal matters, we would have to call the archive storage company, order the tapes, wait a couple of days for them to arrive and only then could we start looking,” said Helvey Johnson, Senior Network Engineer at Market Street Mortgage.

Market Street Mortgage enlisted reseller Data Archive Corporation to help them find an email archiving solution since the company had previously installed a Plasmon Magneto-Optical Library with QStar’s HAM storage management software for scanned document images.   “C2C’s Archive One was selected based on ease of deployment, user-friendly interface, administration tools and price per seat,” said Paul Greene, the founder of Data Archive Corporation.

Archive One for Compliance utilizes Exchange Server Journaling technology to capture copies of every new internal and external email.  This email data is then extracted and indexed by Archive One to allow fast data search and retrieval.  The data is compressed and archived to a storage device.
All Archive One functions are controlled by the administrator and are transparent to the end user.  Email users are not aware that Archive One has been installed.  Once C2C’s Archive One was rolled out across all staff– including 950 remote users – Market Street Mortgage was able to appreciate the results of archiving more than 20,000 email messages every day.“

The granular and intuitive multiple search criteria make it quick and easy to find or recover email by subject header, content, attachments and much more,” said Johnson.  “Before using C2C’s Archive One, it could take days to do a search for an email – having to retrieve and go through tapes.  Now it takes very little time and since we don’t have to spend endless man-hours and pay to retrieve tapes, it is much cheaper! It was obvious once C2C’s Archive One was up and running that the return on investment was huge, and nothing can touch it for performance and ease of use.”

About Market Street Mortgage

Market Street Mortgage is among the nation’s leading retail originators of residential mortgage loans. In 2006, Market Street Mortgage closed $3.2 billion in mortgage loans. Market Street Mortgage and its subsidiaries have over 60 locations serving homebuyers, homebuilders and real estate agents across the country. Founded in 1986, the company has headquarters in Clearwater, Fla. and is a wholly-owned subsidiary of NetBank. For more information, please visit www.marketstreetmortgage.com

About C2C

C2C offers unsurpassed email archiving and management solutions, which reduce risk, optimize performance and minimize compliance issues for over three million users at more than 2,000 organizations worldwide.  Based on its in-depth understanding of message management, C2C developed its award-winning Archive One suite to help organizations comply with industry regulations while minimizing mailbox size.  C2C also offers rapid-response tools for email performance, security and crisis control.  The Company, a Microsoft Gold Certified Partner, supports organizations in government, manufacturing, finance, education and healthcare industries, including Fortune 1000 companies.  Established in 1992, C2C is a privately held company with US offices in Springfield and Westborough, Mass; and Reading, Berkshire in the UK. 

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