Press Release

XL Dynamics Announces Launch of New Construction Lending Module

Cerritos, CA - June 27, 2005

XL Dynamics, Inc., one of the nation's premium providers of web based mortgage lending and system solutions, announced today that it has launched a new construction lending module and integrated it into Mortgagesoft OnLine®, its Loan Origination System (LOS).

"This additional workflow is a vital tool for lenders to originate construction loans along with their current government, prime and sub-prime production. Since this module is an integrated part of the LOS, there is a consistent user interface which changes dynamically based on the type of loan being originated. It supports the complex APR calculations and disclosures for multiple draw and interest reserve construction loans as required by RESPA and REG Z. XL Dynamics' clients are already originating and closing construction loans using Mortgagesoft OnLine®. We expect our current clients will increase their volume to over a thousand construction loans a month in 2005", said Pavan Agarwal, CTO of XL Dynamics, Inc.

About XL Dynamics

XL Dynamics, Inc. is a complete end to end web-based loan origination and financial solution software provider for the mortgage and lending industry. XL Dynamic's Loan Origination System, MOL, automates integrated loan and mortgage processes, including qualifying, processing, underwriting, closing, secondary marketing, settlement, shipping and insuring. In addition to automating processes, XL Dynamics' solutions make it possible for enterprises and customers to work as a single unit and share this mortgage processing information over the Internet.

Founded in 1992 in Cerritos California, XL Dynamics is a US based, multinational corporation with design centers located in the US and India. For more information about XL Dynamics, visit the company's website at www.xldynamics.com or contact:

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