Decisioning.Com Enters into Settlement Agreement Regarding U.S. Patent No. 6,105,007.

Business Editors/High-Tech Writers

COLUMBIA, S.C.--(BUSINESS WIRE)--Feb. 2, 2004

Affinity Technology Group, Inc. (OTCBB: AFFI) today announced that the company's patent licensing subsidiary, decisioning.com, Inc., has entered into a settlement agreement with an institution that formerly maintained a system permitting consumers to apply for credit cards over the Internet. The agreement relates to the company's financial account patent (U.S. Patent No. 6,105,007) and provides for a one-time payment to decisioning.com to settle an infringement dispute regarding credit card transactions processed by the institution during periods occurring prior to the agreement. More specific terms with respect to the agreement were not disclosed because of confidentiality provisions contained in the agreement.

Joe Boyle, Affinity's President and Chief Executive Officer, said, "This agreement relates only to transactions processed in the past and thus does not include an ongoing royalty payment. However, we now have greater resources to continue our near-term business operations, to prosecute our ongoing patent infringement litigation, and to further our efforts to exploit the value of our patents. As we previously announced, we have pending litigation with Household, Ameritrade and Federated Department Stores and plan to continue to pursue other patent licensing opportunities."

About Affinity Technology Group, Inc.

Through its subsidiary, decisioning.com, Inc., Affinity Technology Group, Inc., owns a portfolio of patents that cover 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 Nos. 5,870,721C1; 5,940,811; and 6,105,007.

Forward-looking statements in this news release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. We cannot assure you that we will be able to enter into any additional licensing agreements with respect to our patents or prevail in any patent infringement litigation that currently is pending or may be instigated in the future. Moreover, we cannot assure you that our patents will not be subject to additional reexamination by the U. S. Patent and Trademark Office or additional challenges by third parties or that we will not lose all or part of the claims covered by these patents. Further, our financial position and future operating results may be materially affected by the outcome of ongoing litigation against us by a plaintiff who claims that he was promised a 1% equity interest in the Company for services he claims to have performed in 1993 and 1994. In addition, we may not have sufficient capital resources to execute our patent licensing strategy, continue our operations, or prosecute or defend ourselves in pending litigation involving the Company. Investors are cautioned that these forward-looking statements involve these and other risks and uncertainties that may cause actual results to differ materially from those projected.