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First Collateral Selects ComplianceEase to Improve Risk Management
- Warehouse bank uses advanced automated system to detect predatory loans -

San Francisco, Calif. and Concord, Calif. - April 28, 2003 - ComplianceEase, a division of LogicEase Solutions Inc. (ComplianceEase) - a leading provider of intelligent business solutions announced today that First Collateral Services, Inc. (First Collateral) has selected its flagship product - PredatorAnalyzerTM to perform automated compliance audits, particularly in the area of predatory lending.

In making the announcement, Willem Ridder, chief strategic officer of ComplianceEase stated that, "For us, the signing up of First Collateral is a major opportunity to show the strengths of our advanced tools helping lenders and secondary market investors in combating predatory lending. First Collateral is a leading warehouse bank and it is critical for them to know the quality of the products they warehouse. In applying the PredatorAnalyzerTM application, First Collateral is making a significant contribution to improving best practices and fair lending in the mortgage industry."

Noted Lyndon C. Merkle, president & COO of First Collateral "The PredatorAnalyzerTM definitely adds value to our best practices program. The ComplianceEase solution not only is an intelligent tool, but also provides excellent research resources for our staff as well as our lenders. In fact, some of our lenders are already using the compliance processes provided by ComplianceEase. We are excited about this automated compliance solution."

About First Collateral Services, Inc.
First Collateral is a wholly owned subsidiary of The Citigroup (NYSE: C) - one of the largest financial institutions in the United States with assets over $900 billion. The company, founded in 1985, focuses on providing warehouse lines of credit for residential mortgages to the mortgage industry. Its growth over the years has been extraordinary. Currently it serves more than 300 lenders nationwide and its total commitments exceed $3 billion. Last year the company funded $35 billion in residential mortgages. For more information on First Collateral, please visit www.firstcollateral.com.

About ComplianceEase
ComplianceEase, a division of LogicEase Solutions Inc., has been a leading provider of intelligent business solutions to the financial services industry since 2000. Its ComplianceEase platform provides the industry's first automated compliance solutions utilizing advanced artificial intelligence reasoning and decisioning technologies as well as natural language processing. ComplianceEase powers beginning-to-end solutions at a fraction of the time and cost of the traditional approaches, while providing better accuracy and integrity. ComplianceEase's products and services include PredatorAnalyzerTM, ComplianceAuditorTM, BenefitAnalyzerTM, professional services, and consulting services. For more information on ComplianceEase, please visit www.ComplianceEase.com.

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