Genesis Prez Resigns

In a move that many industry observers had anticipated, Genesis 2000 president Kami Tafreshi has resigned. A company spokesperson said a statement regarding the departure was being prepared. "The departure of Kami Tafreshi is one of a series of departures from Ellie Mae, starting with Art Ringwald," said Warren Myer, president of rival website vendor Myers Internet Services. He said young technology companies often had difficulty growing by acquisition and that it would be crucial for the Pleasanton, Calif.-based Ellie Mae to blend the cultures of former rivals Genesis and Contour under the Ellie Mae banner. Mr. Tafreshi was one of the principal creators of the ePASS (electronic pricing and submission system) transaction management tool underlying the Ellie Mae business center. Ellie Mae acquired Calabasas, Calif.-based Genesis last year from iOwn.com and purchased San Jose, Calif.-based Contour from First American in early 2001. The companies' website addresses are http://www.elliemae.com, http://www.genesis2000.com, and http://www.contoursoft.com.