Commenting on the launch of the MIC Manager, Dan Dolphin President of the Company, stated: "This is an unique system for mortgage managers which is set to transform the accuracy, efficiency and integrity of data management within the mortgage and financial services sector. Switching from manually maintained spreadsheets to the integrated MIC Manager allows corporations to leverage communication to both their investors and borrowers allowing them to focus on their core business of funding mortgages."
MICs are a Canadian investment vehicle used to manage many different investments into a variety of mortgages. Managed generally by mortgage managers, MICs are growing rapidly in size for a variety of reasons but most specifically as they fill the expanding need for alternative mortgage financing as opposed to the traditional financing from banks.
The MIC Manager is designed to automate and integrate all corporate data, eliminating dependence upon manually maintained spreadsheets and their inherent susceptibility to human error. MIC Manager automates corporate accounting, data maintenance, report generating, transactions and calculations implementing a system that is more consistent, efficient and accurate which proves very valuable when managing funds ranging from 3 to 100 million in size. Furthermore, the system simplifies and speeds administration procedures of MICs through inclusion of many key mortgage transactions including mortgage data input, progress analysis and execution of calculations such as interest, yield and dividend distributions.
Dolphin Enterprise Ltd. predicts that being first to market, supplying a specific, robust and comprehensive database software for MICs, in combination with the increasing industry need and requirements could all contribute to Dolphin Enterprises being one of the dominant Canadian software companies for the Mortgage Industry.
For over 20 years, Dolphin Enterprises Ltd. has been designing and implementing custom enterprise database management software solutions for the mortgage and financial industry. The company's series of Mortgage Investment Management database solutions manage data, provide automation and integrate data for its clients.
Statements in these news releases regarding the company's or management's intentions, beliefs or expectations, or that otherwise speak to future events, are "forward-looking statements" within the meaning of Section 27A of the Securities Exchange Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.. These forward-looking statements include those statements preceded by, followed by or that otherwise include the words "believes," "expects," "anticipates," "intends," , "predicts", "estimates," "projects," "target," "budget," "goal," "plans," "objective," "outlook," "should," or similar words. In addition, any statements regarding possible commerciality, development plans, capacity expansions, future cash flows and changes in any of the foregoing are forward-looking statements. Future results and developments discussed in these statements may be affected by numerous factors and risks, such as the accuracy of the assumptions that underlie the statements.
Shannon Dolphin, Marketing Manager has gained extensive experience in the financial industry in the area of marketing through her company Dolphin Business Development. Her accomplishments have included marketing publicly traded companies through the media and business community, raising funds for companies and well as marketing mortgage products. Shannon’s education includes Marketing from BCIT, the Canadian Securities Course, Law exam, Creative Writing and an Internet Marketing course from UBC. Shannon graduated from University of Victoria with a Bachelor of Arts in Political Science.
