News & Events
Low.com Launches New Warm Transfer Lead Program
Los Angeles, CA. (January 30, 2008) - Low.com, a leading consumer financial services portal, announced today that it has launched its new Warm Transfers program for mortgage lenders who want immediate contact with consumers looking for refinance, purchase or home equity loans. These exclusive, phone-verified mortgage leads guarantee lenders' immediate access to interested consumers.

Low.com's new lead program saves lenders' time and money by instantly transferring motivated voice-verified consumers to the originator's sales force. Unlike other types of online mortgage leads, warm transfers' unique value is in the guaranteed contact ratios and verified consumer intent which yields higher closing ratios.

Commenting on the new offering, Steve Yi, Vice President of Marketing Services at Oversee.net and General Manager of Low.com, said, "The new Warm Transfer program was developed to meet lenders' changing needs, rather than selling a ‘one size fits all' solution. With the mortgage industry's rapid consolidation and the evolution of lead generators, this approach becomes even more crucial. We want to serve as an extension of a lender's marketing team by pre-qualifying prospects to make our leads more valuable. Today, as acquiring customers becomes more challenging, driving down costs and increasing efficiency is essential throughout the origination cycle."

The warm transfer leads are an innovative addition to the current Low.com product line that already includes standard verified leads as well as Low.com's Choice and Choice Plus leads. The standard leads utilize a proprietary Lead Verification System (LVS), which combines historic user feedback with a more sophisticated verification system, to yield higher-quality leads for lenders. They help lenders reach an extensive audience of home purchase, home refinance, and home equity consumers. The Choice and Choice Plus products deliver leads with verified Social Security information and a validated credit score, while Low.com's special data collection and lead delivery system protect consumers and lending partners from the negative effects of extraneous credit pulls and "trigger leads".


About Low.com
Low.com, Inc. is a leading consumer financial services portal that specializes in connecting top direct-lenders and large brokers to motivated consumers. It offers a variety of lead generation programs each tailored to a lender's unique needs. Low.com leads generate among the highest percentage of closed loans in the industry. Low.com is part of Oversee.net's Marketing Services Division. To learn more visit http://www.low.com.

About Oversee.net
Founded in 2000 by Lawrence Ng and Fred Hsu, Oversee.net is a technology-driven online marketing solutions company, with two primary divisions - Oversee Domain Services and Oversee Marketing Services. Headquartered in Los Angeles with offices in Portland, Oregon and Pompano Beach, Florida, the Company has over 200 employees. Some of Oversee's key brands include DomainSponsor™, Moniker®, SnapNames®, and Lowfares.com™. Oversee has been growing profitably since inception.

Oversee was named to the Inc. 500 and ranked third in the Deloitte Technology Fast 50 of Los Angeles and ranked 18th in the nation. Its CEO and Co-Founder, Lawrence Ng, was named a winner of the 2007 Ernst & Young Entrepreneur of the Year award for the Greater Los Angeles program in the technology category. To learn more, please visit http://www.oversee.net.


Contact:
Corinne Forti
Oversee Public Relations
(805) 498-0113
(805) 368-8665 (cell)
cforti@oversee.net