Announcing Next Generation Underwriting Today; The METEC Group Launches Their Global Loan System.

Business Editors

ARLINGTON, Va.--(BUSINESS WIRE)--Feb. 19, 2002

The METEC Group (TMG) proudly announces the implementation of its Global Loan System (GLS), a patent pending technology that represents a quantum leap in the due diligence and underwriting service industry.

The GLS allows underwriters, investors, and vendors to engage in loan portfolio due diligence and underwriting, as well as review and analysis of loan portfolios, via secure, high speed Internet access.

The GLS can be adapted to meet the needs of any loan portfolio, including, but not limited to, whole loan, residential, multi-family home, and commercial sales and is currently being used as part of TMG's contract to provide due diligence and underwriting services to the U.S. Small Business Administration's Asset Sales Program.

The GLS incorporates seven elements to offer unparalleled service, security, and efficiency:

-- Imaging: Upon receipt of a loan portfolio, each individual loan file is
reviewed, organized and scanned into the GLS database. We have the capability
to scan and create a multimillion page document index in less than four weeks;

-- Abstraction: The GLS allows underwriters to simultaneously view, via
Internet access and on one computer screen, both the documents that make up the
loan folder and the input fields necessary for accurate underwriting of the
loan;

-- Maintenance: The GLS utilizes a sound management strategy that allows
supervisors to assign loan files, update the system in real time, and quality
control loans once they have been underwritten;

-- Reporting: The GLS allows supervisors and clients to request pre-structured
and custom reports generated from standard English queries;

-- Investor Analysis: Investors are able to access the GLS through secure,
high-speed Internet connections, allowing for review of loan data and documents
for the entire loan portfolio;

-- File Tracking: The GLS ensures that files are tracked from the time we
receive them until the loan folders are delivered after bidding and award of
the portfolio;

-- Third Party Orders & Reports: The GLS has built-in functionality, allowing
for automated assignment, acceptance, and completion of third party reports via
the Internet.

About TMG

TMG is a leading edge provider of due diligence, asset management, and financial services. We have successfully underwritten loan portfolios valued at in excess of $4 billion, successfully creating databases of more than 98,000 individual loans, and assisting our clients in the sale of large scale assets in the secondary asset market.

To learn more about TMG and our services, please contact us at 1-877-790-9696 or visit our website at: www.themetecgroup.com.