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Ellie Mae to Ring the NYSE Closing Bell on May 2, 2016

PLEASANTON, Calif., Apr 29, 2016 (BUSINESS WIRE) -- Ellie Mae [®] ELLI, -2.26% a leading provider of innovative on-demand software solutions and services for the residential mortgage industry, announced today that it will visit the New York Stock Exchange (NYSE) to ring The Closing Bell [SM ] on Monday, May 2, 2016, to commemorate the fifth anniversary of the Company’s initial public offering. Jonathan Corr, Ellie Mae President and CEO, Sig Anderman, Ellie Mae Executive Chairman and Founder, and members of the executive team will be present to ring the closing bell.

Ellie Mae had its initial public offering in April 2011. Since the IPO, annual revenues have increased to $253.9 million in 2015, up from $55.5 million in 2011, a 357 percent increase, and the company now has approximately 180,000 contracted users of its Encompass® all-in-one mortgage management solution, up from 23,820 users in Q1 2011, a 597 percent increase.

“Ringing the closing bell will be an exciting occasion for all Ellie...