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Message #22
From: Stock News Bot
Date: October 3, 2006 06:30:00 AM

LINN News LION, Inc. Named one of Pacific Northwest's 50 Fastest Growing Technology Companies

SEATTLE, WA--(BUSINESS WIRE)--LION, Inc. (OTCBB:LINN), a leading provider of online lead generation and advanced business solutions that streamline the mortgage fulfillment process, today announced that it has been named to Deloitte & Touch’s prestigious 2006 Technology Fast 50 Program for the Pacific Northwest. This marks the third consecutive year that LION has been recognized amongst the region’s fastest growing technology companies. Rankings are based on percentage revenue growth over the five year period from 2001-2005.

“We are pleased to be recognized as one of Pacific Northwest’s Technology Fast 50 growth companies,” stated Randall D. Miles, Chairman & CEO of LION, Inc. “The 163% growth in revenue reported by LION over the 5 year measurement period placed us at number 24 in this year’s rankings, up from number 29 last year. LION has built an industry leading Internet-based lead generation and mortgage solutions platform that connects the approximately 1 million unique visitors that access our Mortgage101.com consumer Internet portal every month with our large network of mortgage brokers, realtors and lenders.”

“Deloitte’s Pacific Northwest Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today’s very competitive technology environment,” said Larry Hile, a Partner in Deloitte’s Technology, Media & Telecommunications (TMT) industry practice based in Seattle. We commend LION, Inc. for making the commitment to technology and delivering on the promise of market longevity. We are proud to honor LION, Inc. as a Deloitte Technology Fast 50 winner.”

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2001 and $5,000,000 in 2005, be headquartered in North America, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company’s operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies’ technology or intellectual property in a unique way does not qualify.

Winners of the 16 regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte’s Technology Fast 500 program, which ranks North America’s top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte’s Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.

About LION, Inc.

LION, Inc. is a leading online mortgage lead generator that also provides advanced business solutions that streamline the mortgage loan fulfillment process in the over $2.5 trillion mortgage industry. From Leads to Loans to Capital Markets, LION offers consistent, seamless business solutions to consumers, brokers, realtors, originators and lenders. LION provides an integrated technology platform offering online loan productivity, mortgage pipeline hedging and risk management, software development and data communication tools. LION’s business to consumer Internet portal, Mortgage101.com, attracts over 1 million unique visitors, delivering access to LION’s extensive proprietary network of mortgage brokers, realtors and lenders. Through its subsidiary, Tuttle Risk Management Services LLC, LION provides hands-on mortgage pipeline risk management for financial institutions that originate and then sell loans into the secondary market. LION has offices in Washington, California and Colorado and has been named by Deloitte & Touche LLP as one of the 50 fastest growing technology companies in the Pacific Northwest for the last 3 years. For more information about LION, please visit www.lioninc.com

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other’s acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names “Deloitte”, “Deloitte & Touche”, “Deloitte Touche Tohmatsu” or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.

Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.

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