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​JACKSONVILLE, Fla. -- May 14, 2013 -- Lender Processing Services, Inc. (NYSE: LPS), a leading provider of integrated technology, data and analytics to the mortgage and real estate industries, announced today that the Pensacola Association of REALTORS®, Inc. (PAR) has chosen LPS' Paragon™ MLS system to serve its more than 1,800 REALTOR®  and affiliate members in the Pensacola, Fla., area.

After considerable due diligence in vendor evaluations, PAR representatives selected LPS MLS Solutions’ Paragon MLS system for the innovative features it offers to help their members become more efficient and competitive. Paragon MLS’ multi-tasking capabilities allow agents to save time conducting property searches, creating comparative market analyses (CMAs), updating listing information and completing other tasks in a single view on their computers. Paragon MLS offers intuitive and straightforward navigation and works on Internet Explorer, Firefox, Chrome and Safari browsers, as well as mobile devices, providing real estate agents the flexibility to access MLS information on the go.

“After a lengthy evaluation process of multiple MLS systems, our MLS committee members and board of directors wholeheartedly agreed with the MLS Strategy Group’s recommendation to select LPS as our new vendor partner,” said PAR Chief Executive Officer Chuck Michaels. “During our evaluation, which included many discussions with current Paragon customers and users, we came to realize why Paragon is ranked number one in the 2013 Clareity MLS Customer Satisfaction Survey. We look forward to offering this great product to our members.”

PAR MLS Director Wendy Alley said, “I feel very confident that the Pensacola Association of REALTORS® membership is going to benefit immediately when we introduce Paragon and the LPS team to them.”

“We welcome our new friends in Pensacola to the growing number of MLS organizations that use Paragon MLS to serve their members and their clients,” said LPS MLS Solutions Managing Director Rich Lull. “Over these past few months, we have had the opportunity to get to know the leadership and staff at PAR, and we greatly appreciate their trust and confidence in our innovative technology.”

Serving more than 200 MLSs and more than 165,000 real estate professionals, Paragon MLS is a dynamic system platform that makes it easy for real estate professionals to manage their businesses and collaborate with clients. For more information about Paragon MLS or other market-leading MLS systems and public records data from LPS MLS Solutions, please contact Bob Morse at 650-863-4333. LPS MLS Solutions will also be exhibiting at the National Association of REALTORS® Midyear Conference in Washington, D.C., May 15-16, at Booth #304.

About Lender Processing Services (LPS)

LPS (NYSE: LPS) delivers comprehensive technology solutions and services, as well aspowerful data and analytics, to the nation’s top mortgage lenders, servicers and investors. As a proven and trusted partner with deep client relationships, LPS offers the only end-to-end suite of solutions that provides major U.S. banks and many federal government agencies the technology and data needed to support mortgage lending and servicing operations, meet unique regulatory and compliance requirements and mitigate risk.

These integrated solutions support origination, servicing, portfolio retention and default servicing. LPS’ servicing solutions include MSP, the industry’s leading loan-servicing platform, which is used to service approximately 50 percent of all U.S. mortgages by dollar volume. The company also provides proprietary data and analytics for the mortgage, real estate and capital markets industries.

Lender Processing Services is a Fortune 1000 company headquartered in Jacksonville, Fla., employing approximately 8,000 professionals. For more information, please visit www.lpsvcs.com.

Investor contact: Nancy Murphy, 904.854.8640, nancy.murphy@lpsvcs.com
Media contact: Michelle Kersch, 904.854.5043, michelle.kersch@lpsvcs.com
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