SAN ANTONIO (July 13, 2004) - Landata Technologies Inc. has signed an agreement to integrate the aiINDEX expert system into its e-STAR Plus, a comprehensive Solution for Total Automation of Records for county clerks and recorders.
Mentis Technology's aiINDEX utilizes a sophisticated learning engine coupled with smart OCR (optical character recognition). The system literally reads every scanned document, automatically identifies the document type and extracts relevant recorded information such as grantor, grantee, legal descriptions, and other user and state-defined data fields. Regardless of where the information resides in the document, aiINDEX recognizes it and automatically populates the correct index fields for user verification.
"County clerks and recorders are seeing greatly increased efficiencies when they implement the e-STAR rules-based system," said Alan Cellura, president and chief executive officer, Landata Technologies. "Adding this automated indexing capability further strengthens the ability of the e-STAR system to help counties handle higher workloads and cut costs in their property records functions.
"We are very pleased to become a distributor of the aiINDEX system," he said.
aiINDEX drastically reduces the number of manual keystrokes for entering index data, thus increasing productivity and allowing an indexer's attention to shift to verification and quality assurance while processing a greater number of documents.
"We are very excited about Landata Technologies becoming our distributor," said Leo LaCascia, president of Mentis Technology. "We have worked closely with Landata during the last two years, integrating aiINDEX into e-STAR Plus in Washington, D.C., as well as its in-house title plant in San Antonio."
The Landata e-STAR Plus system provides a complete recordation system, with the ability to handle cashiering, document imaging, indexing and public access, in addition to e-recording.
About Mentis Technology
Mentis Technology was founded in 2000. The primary focus of the company was research and development in the areas of "unstructured content and object identification." The aiINDEX software was developed as a result of these efforts. Mentis Technology Solutions, LLC is the marketing, sales and customer support organization for the aiINDEX software. The corporate headquarters, including software development and customer support activities, is located in Denver, Colo. Sales and marketing activities are based in California.
About Landata Technologies Inc.
Landata Technologies, a wholly owned subsidiary of Stewart Information Services Corp. (NYSE-STC), offers electronic document conversion with indexing services, recordation systems, e-recording and data warehousing with e-commerce to government entities and title companies.
Stewart Information Services Corp. is a technology driven, strategically competitive, real estate information and transaction management company. Stewart provides title insurance and related information services required for settlement by the real estate and mortgage industries through more than 7,800 policy-issuing offices and agencies in the United States and international markets. Stewart also provides post-closing lender services, automated county clerk land records, property ownership mapping, geographic information systems, property information reports, flood certificates, document preparation, background checks and expertise in tax-deferred exchanges. More information can be found at www.stewart.com.