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Freddie Mac Banks Success on Net Services from Novell

Novell, Inc., the leading provider of Net services software, today announced they are delivering a powerful directory-based employee provisioning solution to Freddie Mac, the nation's second largest mortgage lender, to help get employees up and running from day one, improving efficiency and lowering costs.

SALT LAKE CITY (BrainShare®) | March 20, 2001

  • Novell's Net services software help increase business efficiency and lower costs at nation's second largest mortgage lender
  • Novell Net services software simplifies and secures transformation to eBusiness

Novell, Inc., the leading provider of Net services software, today announced they are delivering a powerful directory-based employee provisioning solution to Freddie Mac, the nation's second largest mortgage lender, to help get employees up and running from day one, improving efficiency and lowering costs. Leveraging Novell® NDS® eDirectory, the most widely deployed enterprise and Net directory on the market today, with Net services for application integration, Freddie Mac is enhancing business productivity while meeting the increasing demand for its services in the wake of the current mortgage loan and refinancing boom. Freddie Mac's decision to tap the resources of Novell reflects a growing demand for cross-platform Net services software in the financial sector.

"The solution from Novell, combined with the consulting expertise of Deloitte& Touche, puts us ahead of our competition by allowing Freddie Mac to process identity information to people who need it, when they need it and in the form they need it," said Ron Brown, director of Information Security for Freddie Mac. "Now, our employees can now focus on servicing customers instead of time-consuming business processes." Freddie Mac is the nation's second largest mortgage investor and finances one out of six homes.

Freddie Mac Strives for Improved Business Efficiency
Novell Consulting deployed an employee provisioning solution at Freddie Mac leveraging Novell NDS eDirectory, the #1 enterprise and Net directory service, which manages user identities and access on the Net, and Novell DirXML, powerful application integration software. By allowing employees to be more effective from day one, Freddie Mac expects to significantly improve business efficiency throughout the organization, improving customer satisfaction in the process.

"Freddie Mac is representative of how Novell Consulting and Deloitte& Touche are working together to deliver solutions to move customers across industries to a one Net world, where all networks -- the Internet, intranets and extranets, work as one," said Alex Salehi, vice president of Novell Professional Services. "Deloitte& Touche's expertise in addressing the critical challenges and risks of today's volatile markets combined with our consulting expertise in directories and identity management are allowing us to create unique solutions that solve real business problems."

Freddie Mac
Freddie Mac is a stockholder-owned corporation established by Congress in 1970 to support home ownership and rental housing. Freddie Mac purchases single-family and multifamily residential mortgages and mortgage-related securities, which it finances primarily by issuing mortgage passthrough securities and debt instruments in the capital markets. Over the years, Freddie Mac has opened doors for one in six home buyers and more than two million renters in America.

About Novell
Novell, Inc. (NASDAQ:NOVL), is the leading provider of Net services software that delivers services to secure and power all types of networks the Internet, intranets, and extranets; wired to wireless; corporate and public across leading operating systems. Novell's Net services software provides the foundation for one Net a single global network that supports new applications and forms of business. Worldwide channel, consulting, education and technical support programs, along with strategic alliances, combine Novell Net services software with third-party products and services to form complete Net solutions.

For information on Novell's complete range of products and services, contact Novell's Customer Response Center at (888) 321-4CRC (4272), or visit Novell's Web site at http://www.novell.com. Press may access Novell announcements and company information on the World Wide Web at http://www.novell.com/pressroom. In addition, detailed comparisons between Novell products and competitive offerings from other vendors are available on the Web at http://www.novell.com/competitive.

Novell, NetWare, NDS and ZENworks are registered trademarks, BrainShare is a registered service mark, and eDirectory is a trademark of Novell, Inc. in the United States and other countries. *All third-party trademarks are the property of their respective owners.


Press Contacts

Dawn Harris
Novell, Inc.
Telephone: 408-967-7712
Email: daharris@novell.com



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