CreditXpert Inc. Releases Major Software Upgrade


TOWSON, Md., March 26 - CreditXpert Inc., the leading credit analysis and management solutions provider, today announced that CBCInnovis, a credit reporting service with more then 50,000 customers nationwide, will be the first to offer the latest version of CreditXpert®, a major enhancement to previous CreditXpert releases. CBCInnovis also expanded its offerings to include the full suite of CreditXpert services.

The updated CreditXpert engine powers all CreditXpert services, including Credit Assure(TM), the CreditXpert What-If Simulator(TM), CreditXpert Essentials(TM) and CreditXpert Detective(TM). This significant upgrade incorporates advanced methodologies for increased flexibility and accuracy. It offers improved simulations and recommendations, faster processing time and more navigational controls for easier, more intuitive use.

Offering the full, upgraded suite of CreditXpert services will enable CBCInnovis lending customers to close more loans by providing the most advanced, consumer-friendly credit management tools and content. CreditXpert products provide powerful new ways for lenders, brokers and credit service providers to attract, engage, and retain customers.

"We proudly introduce the most powerful CreditXpert version to date," said David Chung, interim president of CreditXpert Inc. "Our team of scientists and engineers scrutinized each aspect of our software to produce the most robust, user-friendly credit optimization service available in the market. By offering our complete array of services on this new, upgraded platform, CBCInnovis can offer its customers tools to manage every facet of credit management - from automatically scanning credit reports for errors to simulating actions for improving credit scores - without diverting applicants from the path to a closed loan."

New services offered by CBCInnovis include the groundbreaking Credit Assure(TM), an automatic scanner that performs due diligence on consumer credit reports, either alerting lenders to potential issues that may artificially depress an applicant's credit scores or providing assurance that the credit scores are sound. Using Credit Assure, lenders can make more confident, informed decisions and consumers can receive a more accurate representation of their credit picture.

Opportunities identified by Credit Assure can be further explored using CreditXpert services, including:

o CreditXpert Detective(TM) - instantly identifies incorrect, missing,
and outdated information.

o CreditXpert Essentials(TM) - finds the best actions to take to maximize
credit scores and which positive and negative factors are impacting
them.

o CreditXpert What-If Simulator(TM) - helps customers see what is likely
to happen before they take action. Loan originators use it to predict
results, develop plans, and make informed decisions.

Credit reporting agencies, consumer finance information providers, brokers and lenders can learn more about Credit Assure and other CreditXpert® products by calling 800.500.8553 or by visiting www.CreditXpert.com.

About CreditXpert Inc.

A credit management software innovator, CreditXpert is transforming lending by empowering loan officers and creating new opportunities. CreditXpert Inc. provides highly personalized credit management tools including simulation, optimization, and analysis, to help lenders make more informed decisions and close more loans. Based on a technically advanced hybrid of artificial intelligence, statistical techniques and analytical methods, CreditXpert® provides the most accurate predictions and the greatest explanatory power available today.

CreditXpert products and services are offered to consumers through credit reporting agencies, consumer finance information providers, brokers and lenders. By offering these valuable personal finance tools, CreditXpert helps clients increase revenues, build stronger customer relationships and retain more customers. CreditXpert Inc. has championed credit disclosure and analysis - and its benefits to both consumers and lenders - since it pioneered the first credit analysis service in September 2000. For more information, visit www.creditxpert.com or call 800.500.8553.

About CBCInnovis

CBCInnovis is part of a privately-held family of companies established in 1948, currently employing almost 2000 people that provides risk management and marketing services to customers in the business, government and not-for- profit sectors. CBCInnovis serves more than 50,000 customers. Headquartered in Columbus Ohio, CBCInnovis provides solutions such as credit reports, property information services, receivables management, marketing services, employment and resident screening, and loan application processing software services. A philosophy to provide careful attention to detail and superior service to each and every customer, each and every day has been the foundation of CBCInnovis' success. For more information, visit www.cbc-companies.com.

Available Topic Expert(s): For information on the listed expert(s), click appropriate link.

David G. Chung

Source: CreditXpert Inc.

CONTACT:

Denise Bauwens

Principal

marcomEXCHANGE

+1-610-891-7560

dbauwens@marcomexchange.com
CreditXpert Inc.

Bob Evely

Marketing Manager

CBC Companies

+1-800-354-6712

bevely@cbc-companies.com

Web site: www.creditxpert.com/

http://www.cbc-companies.com/

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