Mortgage Spirit Hires New Vice President of Information Technology

- Team?s addition illustrates company?s stability and growth in a down market - DENVER, April 6, 2009 ? Mortgage Spirit, a Denver-based provider of revenue management and loan search and pricing technologies for the mortgage industry, named Michael Byrd as its new vice president of information technology. Byrd is responsible for all technical components of Mortgage Spirit?s suite of services and helping the company build a more technology-focused culture. This includes managing existing technology, coordinating the full development life cycle of new releases and managing the overall integrity of the Mortgage Spirit service system. Also, Byrd is to spearhead the design and development of Mortgage Spirit?s software to ensure the pricing engine?s loan products are constantly updated and comprehensible to the user base. He is in charge of breaking down the intricacy of the product and pricing process into a user-friendly software platform. Prior to becoming the vice president of information technology, Byrd worked on a part-time basis for Mortgage Spirit. ?Michael has extensive experience in both commercial art and computer science and more than five years of experience designing and developing Internet applications for a wide range of clientele,? said Joel Horn, president of Mortgage Spirit. ?His background and expertise further enable us to continuously improve and simplify the loan origination process for mortgage originators.? About Mortgage Spirit Founded in 2004, Denver-based Mortgage Spirit provides revenue management and loan search and pricing technology designed specifically for brokers and smaller mortgage bankers. The company?s platform provides accuracy, mobility and efficiency to loan officers and identifies virtually any loan product from a wide variety of sources within minutes. For more information, please visit the company Web site at mortgagespirit.com.