Affinity Announces 2007 Financial Results.

COLUMBIA, S.C. -- Affinity Technology Group, Inc. [OTCBB:AFFI] today announced financial results for the fourth quarter and for the full year ended December 31, 2007.

Revenues for the quarter were $8 thousand, resulting in a net loss of $250 thousand, or $0.01 per share. For the comparable period in 2006, revenues were $8 thousand and the Company reported a net loss of $780 thousand, or $0.02 per share. The weighted average number of shares outstanding during the three months ended December 31, 2007 was 46.1 million, compared to 45.3 million for the same period in 2006.

For the year, revenues were $33 thousand, with a net loss of $1.5 million, or $0.03 per share, compared to revenues of $33 thousand in 2006, with a net loss of $2.7 million, or $0.06 per share. The weighted average number of shares outstanding during the twelve months ended December 31, 2007 was 45.5 million, compared to 44.2 million for the same period in 2006.

Joe Boyle, Chairman, President and Chief Executive Officer, stated, "Our financial results in 2007, compared to 2006, reflect our reduced activities associated with our patent enforcement litigation this year. As we have previously announced, our lawsuits against Ameritrade, HSBC and Federated Department Stores (now Macy's, Inc.) were dismissed early in 2007 as a result of summary judgment rulings made by the trial judge. Subsequently, we prepared and filed an appeal with the U.S. Court of Appeals for the Federal Circuit in an attempt to have certain rulings made by the trial judge overturned.

The primary focus of our appeal concerned certain adverse claim construction rulings made by the trial judge as a result of a Markman hearing held in December 2006. The Appeals Court heard oral arguments in our case on December 3, 2007 and the next step is to receive the Appeals Court's opinion. We continue to believe that the opinion of the Appeals Court will have a significant impact on out patent licensing business and our ability to raise additional capital, which will be necessary to continue our business"

About Affinity Technology Group, Inc.

Through its subsidiary, decisioning.com, Inc., Affinity Technology Group, Inc. owns a portfolio of patents that covers the automated processing and establishment of loans, financial accounts and credit accounts through an applicant-directed remote interface, such as a personal computer or terminal touch screen. Affinity's patent portfolio includes U.S. Patent No. 5,870,721C1, No. 5,940,811C1, and No. 6,105,007C1.

Forward-looking statements in this news release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Affinity cannot offer any assurances that it will prevail on its claims of patent infringement against third parties or that such claims will result in monetary damages. Investors are cautioned that the Company's business is subject to several substantial risks and uncertainties, including the Company's very limited capital resources and the possibility that it may be unable to raise additional capital in amounts sufficient to permit it to continue operations; the risk that the Company may lose all or part of the claims covered by its patents as a result of challenges to its patents; the risk that its patents may be subject to additional reexamination by the U.S. Patent and Trademark Office or challenge by third parties; the results of ongoing litigation, including the Company's appeal to the U.S. Court of Appeals for the Federal Circuit regarding certain rulings in its patent litigation; and, unanticipated costs and expenses affecting the Company's cash position. Additionally, the Company does not have the cash resources to pay the judgment that will be entered against it in the Temple Ligon litigation. If the Company is not able to raise additional capital to fund its ongoing operations and patent infringement litigation expenses or is unable to resolve or postpone the judgment in the Temple Ligon matter in a manner which will alleviate the payment of more than an insignificant amount of cash in the near term, it would be forced to consider alternatives for winding down its business, which may include offering its patents for sale or filing for bankruptcy protection. These and other factors may cause actual results to differ materially from those anticipated. These factors are discussed in greater detail in the Company's Annual Report on Form 10-K for the year ended December 31, 2007 and other filings it makes with the Securities and Exchange Commission from time to time. The Company is not responsible for updating the information contained in this press release beyond the publication date, or for changes made to this document by wire services or Internet Services.

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