The agreement makes SmartClose available in seven Austin Titleand four Commonwealth Title branches in central Texas. SmartClosecoordinates residential closing procedures between the buyer,seller, mortgage lenders, attorneys, realtors and title and escrowcompanies, alerting each participant to completed tasks andapproaching deadlines. The service is designed to notifyparticipants of status changes in the closing process through thecustomer choice of email, pager, mobile phone or fax.

Expeditrix was founded in July 1999. The company providesWeb-based business-to-business service to automate time consumingand complex, multi-party transactions within the residential realestate industry.

Austin Title and Commonwealth Title are subsidiaries ofLandAmerica, a title insurance underwriter, headquartered inRichmond, VA. LandAmerica provides title insurance and bothcommercial and residential real estate services from more than 600offices nationwide.