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LION, Inc. is a provider of advanced business solutions that streamline the mortgage fulfillment process for the mortgage industry. The Company's standalone products include LION Pro, Mortgage 101, Retail WebSites, LockPoint Xtra and Pipeline Tools. LION's acquisition of substantially all of the assets of Ignition from the Federal Home Loan Mortgage Corporation represented an opportunity to acquire compatible products that will extend its customer base and add incremental technology and intellectual property. In October 2004, the Company acquired Tuttle Risk Management Services, Inc., a privately held provider of mortgage pipeline risk management services for mortgage companies and financial institutions.
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