Tuesday, May 23, 2006

Fidelity National partners with NextAce for SaaS

Fidelity National Title Group, Inc. (NYSE: FNT), the nation's largest title insurance company and a majority-owned, publicly traded subsidiary of Fidelity National Financial, Inc., today announced a strategic partnership with automated title software and service provider NextAce(SM) to significantly improve delivery speed of title reports.

With NextAce's Title EDGE "software as a service" (SaaS) offering, FNT's five leading title insurance underwriters -- Fidelity National Title, Chicago Title, Ticor Title, Security Union Title and Alamo Title -- will be able to reduce the time to deliver a title report from approximately 48 hours to as little as one hour.

"By automating the title process, Title EDGE offers a powerful technology solution that will significantly enhance our ability to create new levels of speed and efficiency in the title process," said Randy Quirk, FNT's Chief Executive Officer.

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