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Press Release

July 10, 2008 - Avista Solutions

AVISTA SOLUTIONS NAMED ONE OF NATION’S TOP 50 SERVICE PROVIDERS

Company receives third distinction in two years

Avista Solutions, a leading provider of end-to-end, Web-based mortgage industry loan origination software (LOS), was recognized in the June 2008 issue of Mortgage Technology magazine as one of the nation’s Top 50 Mortgage Technology Service Providers.

“Columbia, S.C.-based Avista Solutions has earned a place on the list because it offers a fully Web-based LOS that provides lenders toolsets for wholesale, correspondent, retail and consumer direct lending,” the article states. “In addition, Avista has approximately 150,000 unique users nationwide. The company has handled over $506 billion in loan volume, 100% via the Web.”

This is third time Mortgage Technology magazine has recognized Avista Solutions for its services. In 2007, the magazine presented Avista Solutions with the Help Desk Award, as well as listing the company as one of the nation’s Top 50 Best and Brightest Mortgage Technology Providers.

“We are very pleased to receive this prestigious recognition, which continues our success streak by adding to the two distinctions we received from Mortgage Technology magazine last year,” said Avista Solutions CEO Mark Phlieger. “We are passionate about our product and this outstanding recognition shows that we are delivering a truly superior software solution for lenders who want the best.”

Mortgage Technology magazine compiles a top mortgage technology provider list annually and chooses winners based primarily on four criteria: customer satisfaction, functionality, market share and viable revenue model. The magazine recently pared down its number of top providers from 100 to 50, enhancing the significance of this important list.

About Avista Solutions

Avista Solutions, the Mortgage Technology magazine '2007 Mortgage Technology Help Desk Award Winner' and a 'Top 50 Mortgage Technology Provider,” is a leader in Web-based loan origination systems. Avista Solutions’ suite of mortgage lending software provides complete, end-to-end, Web-based solutions that can be rapidly implemented across all origination channels. Avista has handled over $506 billion in loan volume 100 percent via the web. For more information, call (803) 788-4936, or visit www.avistasolutions.com.

Avista Solutions by Mark Phlieger, Columbia-South Carolina