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Please note that since August 1st, 2005 GMB has rebranded and now known as Knowledgeone Corporation

Australian Executor Trustees Limited (formerly TOWER Trust) selects GMB's RecFind Corporate to manage its Mortgage/Property Document Custody

Sydney, February 28, 2005: GMB is pleased to announce that Australian Executor Trustees Limited has purchased GMB's RecFind-Corporate software for their Corporate Trust division. Australian Executor Trustees plans to use the RecFind-Corporate application to track the movements of Mortgage Document Packets between Mortgage Brokers, Australian Executor Trustees and Solicitors.

Australian Executor Trustees is a prominent authorised trustee company within Australia, with over 120 years of experience as a specialist provider of wealth management, wealth preservation and transfer services. The Corporate Trust division offers trustee and custodian services for prescribed interest and managed investment schemes, debt issues and securitisation issues.

Philip Joseph was appointed as CEO of the Corporate Trust business last year and has embarked on a growth strategy, aimed at increasing Australian Executor Trustees presence in the property, mortgage and equity custody business and enhancing its structured finance and securitisation services and products.

Part of Philip's strategy has been to implement a 'Mortgage Document Custody System' for managing 'Mortgage Packets', which include all official documents that relate to a mortgage. In order to continue to compete successfully in the industry, Australian Executor Trustees required a proven, robust solution that was absolutely secure and reliable.

Australian Executor Trustees use the Workflow feature in RecFind-Corporate to manage the life cycle of the Mortgage Packet. It tracks the packet as it moves between Mortgage Brokers, Australian Executor Trustees and Solicitors. Although Australian Executor Trustees will predominantly use RecFind to manage paper, there is also the functionality to allow for electronic document management (EDM), and email management, if required. The system is initially being implemented in Corporate Trust, Sydney with the intention to expand the system to Corporate Trust's Adelaide office in the future.

For further information or to request an online demonstration of RecFind Corporate simply go to http://www.gmbsupport.com/recfind demos/standard_demo_request.htm

About GMB
GMB has been providing information management solutions for over 20 years. GMB's goal is to help our customer's better understand their document management and compliance requirements, then provide a combination of existing products, consultancy services, training and support to seamlessly integrate with their existing systems and processes. GMB is headquartered in Sydney, Australia with over one thousand sites worldwide. For more information about GMB visit . http://www.gmbsupport.com.

Contact
Sarah Forlico, GMB Marketing Manager
Ph: 61-2-8913-9307 Fax: 61-2-9954-6322
Email: Contact Marketing ###

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