Essent Builds New $2.5M Headquarters, a State-of-the-Art Research and Development Center

FOR IMMEDIATE RELEASE
Media Contact: Douglas B. Brill

BETHLEHEM, PA | November 15, 2016 | Essent® Corporation has completed development of a new $2.5 million headquarters.

Essent Place is a 10,500-square-foot, state-of-the-art technology research and development center in Bethlehem, PA. It is the new corporate center and home for Essent Corporation.

"Essent Place is our continued commitment to Essent customers and colleagues: an innovative R&D center built to facilitate and support the inventive, collaborative, hard-working, and playful Essent culture. Every facet of Essent Place is designed to maximize the workplace experience and support people as they create technology solutions designed to delight our consumers,” Essent President & CEO Eric Alessi said.

Essent Place will accommodate the expanding Essent staff, which has grown by more than 30% over the last two years. It is designed to support the Essent Project Implementation Cycle (EPIC), through which Essent analyzes customers’ problems; designs and develops solutions; and supports customers throughout the software lifecycle.

"Essent Place not only provides space for our growing staff, but also provides the resources and environment that allow the staff to best serve Essent customers,” Essent Executive Vice President Ron Cahill said.

Essent Place fosters collaboration, with team rooms for analysts, designers, programmers, engineers, and support teams. It includes nooks for collaboration in small groups in addition to social areas including a café with coffee shop-style seating, a lunch bar, and entertainment options.

"At Essent we love solving challenging problems, helping our customers meet the demanding and ever changing complexity of business. The work and social spaces provided at Essent Place allow our teams to better collaborate and solve problems together for the benefit of our users,” Essent Vice President of Development Adam Taylor said.

Essent began planning Essent Place in 2013. It broke ground on Essent Place, at 161 N. Commerce Way, in early 2016 and moved in on October 28 of the same year.

About Essent

Essent is an innovative provider of fully-integrated business management software solutions and services for process-intensive industries. Essent solutions combine flexible workflow management with innovative technologies that automate repetitive tasks and simplify business processes. Since 1981, Essent has offered the systems, service, software, and support critical to success in today's highly-competitive marketplace. Visit Essent at www.essent.com and on Facebook, Twitter, LinkedIn, YouTube, and Google+.



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