Affinity Technology Group Launches Home Equity Products

Business Wire, May 2, 2000

Business Editors

COLUMBIA, S.C.--(BUSINESS WIRE)--May 2, 2000

"Products Deliver Immediate Decisions to Consumers in Real-Time"

Affinity Technology Group, Inc. (Nasdaq: AFFI) today launched its Home Equity and Home Equity Line of Credit automated lending products. Both products are designed for implementation in either an Internet or traditional back office environment. The products are integrated with Affinity's patented Decisys/RT closed loop decisioning system and are available through Affinity's e-xpertLender and rtDS licensed products and services.

"Although most lending institutions are allowing consumers to submit credit applications over the Internet, our products will allow our customers to offer home equity products in real-time with immediate decisioning to consumers, both on the Internet and in traditional origination environments - that's a true advantage, to both the lending institution and the consumer," said John Rogers, Senior Vice President.

Affinity's technology enables financial institutions to link their branches, call centers, Internet customers, and indirect agents electronically to their credit departments, providing fully automated lending - and, if necessary, connectivity to a loan officer - through every channel. For financial institutions, Affinity's solutions expedite loan decisioning and processing and increase productivity and capacity of branch personnel, call center agents, loan officers, and indirect agents, while improving the overall customer experience. Affinity is located on the World Wide Web at www.affi.net.

Forward-looking statements in this news release, including statements regarding the Company's products and services are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements involve risks and uncertainties, including those related to general economic conditions, delays and risks associated with the development of new technologies, consumer and industry acceptance of automated delivery channels, and regulatory risks, that may cause actual results to differ materially from those projected.

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