Press Release

XL Dynamics Launches New Web Site at the MBA Convention in San Diego

SAN DIEGO, California -October 19, 2003

XL Dynamics, a leading provider of all-in-one mortgage processing software, today announced the launching of a new and improved Web site to promote the company and its products.

"With our position in the mortgage industry, it was really important for us to increase the visibility of our company, products and services", said Pavan Agarwal, President and CEO of XL Dynamics, Inc. "Our mission is also to create a portal for our customers that includes a project management database and a support knowledge database. Development of this extra portal feature on the Web site is currently being added."

"Our enhanced Web site is fresh, appealing and will better support our customers needs," said Steven Clarke, who is in charge of Media Contacts at XL Dynamics. "I know mortgage industry professionals will be impressed with the new look and feel. Thanks to the upcoming customer portal, customers will have increased capabilities and functionality within our software application."

The XL Dynamics Web site is a collaboration of team members from all company locations.

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:

Back