FirstPoint Acquires Prymak

FirstPoint Inc. has acquired Prymak Inc., both based in Greensboro, N.C., and announced that it will operate Prymak as a wholly owned subsidiary, keeping all local employees and operations intact.The terms of the transaction were not disclosed. Prymak is a technology development and consulting company founded in December 2000. It provides the mortgage banking industry with software design, project management, and implementation services. Prymak's software includes a Web-based mortgage and consumer loan origination application, along with a toolkit for custom development by clients. FirstPoint provides credit information, collection, and management services. The companies can be found online at http://www.firstpointresources.com and http://www.prymak.com.