``As a full-service commercial real estate Web site, the addition of a constant stream of industry information keeps MortgageRamp users up to date not only on national industry news, but their regional and local markets as well,'' said Michael Greco, chief executive officer of MortgageRamp. ``This alliance offers MortgageRamp yet another facet to an already comprehensive site through the use of information from the industry's leading content provider.''

Under terms of the agreement, links to both the MortgageRamp and GlobeSt.com Web sites will be available, providing users instant access to the MortgageRamp's suite of products including: QuickRamp, the back office service solution and private labeling. Also under the agreement, the MortgageRamp Web site will be advertised on every page of the GlobeSt.com site, providing further exposure within the commercial real estate industry.

``Our partnership with the industry's leader, MortgageRamp, allows GlobeSt.com to provide unrivaled content to an even higher number of commercial real estate professionals,'' said Brian Rose, chief business development officer for GlobeSt.com. ``GlobeSt.com and MortgageRamp complement each other in terms of services and content and we look forward to a very innovative relationship in the future.''

MortgageRamp.com launched in April 2000 and has aggregated more than $1 billion of products during its first 90 days, with 80 percent of leads distributed to lenders receiving a formal quote, well above the industry average. MortgageRamp.com receives strong sponsorship and financial backing from parent company GMAC Commercial Mortgage and has relationships with the leading commercial lenders. In order to promote a personal relationship with its customers, MortgageRamp.com has combined cutting-edge technology with human customer service via phone or instant messaging.

Launched in August 2000, GlobeSt.com is the leading destination for original, relevant and timely real estate related content on the Web. Culling from its network of journalists in 25 markets, GlobeSt.com offers the commercial real estate industry -- as well as analysts, fellow reporters and interested consumers -- in-depth and breaking local and regional news. GlobeSt.com provides a virtual nationwide community of commercial real estate professionals, offering intelligent insight and exchange of ideas by locally based journalists while keeping a particular emphasis on trends throughout the national and international property markets.

About MortgageRamp.com

MortgageRamp.com is the only complete source for the commercial real estate industry offering a turnkey solution to help borrowers, brokers, lenders and vendors execute every step of the loan process from bid to close. MortgageRamp.com provides access to all of the major lending institutions and combines revolutionary technology with personal customer service. MortgageRamp.com helps companies make smarter real estate decisions by bringing together every piece of the commercial real estate value chain at MortgageRamp

About GlobeSt.com LLC.

GlobeSt.com, LLC is owned by U.S. Equity Partners, LP, a private equity investment fund sponsored by Wasserstein Perella & Co. U.S. Equity Partners is a leading investor in the rapidly growing online media and Internet space, particularly in professional vertical markets; additional investments in the company's portfolio include Real Estate Media, American Lawyer Media, Law.com, ElementK.com (formerly ZD Education), The Daily Deal and TheDailyDeal.com, and LocalBusiness.com.

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MortgageRamp Forms Strategic Alliance with GlobeSt.com, The Leading Commercial Real Estate News Service

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