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Calyx Names Bob Dougherty Vice President of Business Development

DALLAS,TX March 23, 2016 CalyxSoftware ®, a leading provider of comprehensive mortgage software solutions for banks, credit unions, mortgage bankers, wholesale and correspondent lenders and brokers, announced today that Bob Dougherty has joined the company as vice president of business development.

In this position, Dougherty will be responsible for developing CalyxSoftware's overall partner strategy, building relationships with key mortgage industry influencers and vendors, and increasing interface usage and revenues. He will report to Dennis Boggs, executive vice president of CalyxSoftware.

Dougherty has more than 20 years of operational and business development experience in the mortgage industry. Most recently, he was vice president of mortgage operations at Merchants Bank, Winona, Minn., where he led operation and secondary marketing functions for its mortgage banking division. Prior to Merchants, Dougherty was executive vice president at Boom Brother Commercial Capital LLC, an intermediary consulting firm facilitating commercial financing for commercial/multi-family buildings with specialization in difficult to fund loans. He also served as chief executive officer at Timberland Mortgage Services, a former lender and underwriter of residential mortgage loans in Minnesota, Wisconsin, Kansas and Colorado. Dougherty began his career in loan officer/management roles at Monelink, Burnsville, Minn., and Equicredit Corporation, Roseville, MN.

"We're pleased to have a visionary and strategic leader like Bob join our team," said Boggs. "He has an excellent reputation as a highly-effective team builder who can help improve customer experience and long-term loyalty."

Dougherty received his Bachelor of Science in Finance at St. Cloud State University and his Master of Business Administration at Concordia University.

About Calyx Software

Calyx Software is a provider of mortgage software solutions for banks, credit unions, mortgage bankers and brokers. Dedicated to offering reliable, innovative software, our suite of products help streamline, integrate and optimize all phases of the loan process. Calyx Point® and PointCentral®, the remote access, server-based Point application, simplify loan processing and offer seamless integration with other Calyx products, including INK-it®, an easy-to-use, secure electronic signature product; Verifyde®, HMDA/NMLS Call Reporting; and WebCaster®, a professional, do-it-yourself website solution.

For more information call (800) 362-2599 or visit www.calyxsoftware.com

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