Residential Mortgage Lender PrimeLending Got Hie Electronics TeraStack

Hie Electronics,
Inc. has installed its patented TeraStack solution system into the IT infrastructure
at PrimeLending to help support
long-term data retention policies and IT sustainability goals at the company.

Headquartered in Dallas, TX, PrimeLending is a
residential mortgage lender that provides homebuyers mortgages without
obstacles. Established in 1986, PrimeLending has grown from a staff of 20
individuals producing $80 million in annual closed loan volume to a family of
more than 1,500 members producing in excess of $2.45 billion annually. This
far-reaching growth gives national strength with local expertise.

"Quality customer
service and support of our customers is paramount at PrimeLending," said Josh
Hebert, VP and director of IT at PrimeLending. "Having data readily available, with 50-year data integrity and lower
operating costs allows us to provide the service our customers expect, without
worrying about our data and whether it will be there for the long term. Hie’s
award-winning TeraStack Solution provides the promise of industry leading
long-term data integrity without the high cost and short life span of
competitive alternatives."

In addition to the corporate office located in North
Dallas, PrimeLending has expanded to more than 150 branches across the US
including AZ, CA, CO, CT, FL, GA, KY,
MO, NV, NJ, NY, NC, OH, OK,
TN, TX, and WA and is licensed to originate and close loans in
49 states.

"We are
very pleased to deploy our TeraStack Solution, an industry leading long term
storage system, into the IT infrastructure at PrimeLending," said
Patrick Humm, founder and president of Hie Electronics. "As an addition to their current
infrastructure, the TeraStack Solution can help provide long term storage for
more than 50 years along with decreased data migrations, as well as lower
PrimeLending’s overall TCO within its IT infrastructure."

The goal at PrimeLending is to provide quality service and
support throughout the entire mortgage process for every client and referral
source. This proactive sales and operational philosophy simplifies and
accelerates the loan process at all levels. The company’s knowledgeable
mortgage professionals are dedicated to making every customer’s home loan
experience a positive and successful one.

"Long term
data integrity is at the heart of the TeraStack Solution, which makes this the
perfect data solution for the financial services industry," added
Humm.

The TeraStack Solution can be used for financial
services applications as well as medical industry applications, critical
backup, digital asset management, film and video archiving, forensic evidence
storage, geospatial imaging data archiving and storage and digital video
surveillance storage.