Press Release

Edgeware Analytics, Inc. Launches Secondary Market Exchange for USDA Loans

New Exchange Creates Liquidity for Small Business Lenders
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Posted 16 October 2008 @ 08:00 am ET

SAN DIEGO, CA -- (Marketwire) -- 10/16/08 -- Edgeware Analytics, Inc., provider ofBizLX.com(TM), the Small Business Loan Exchange(TM), announced today thelaunch of the first-of-its-kind secondary market exchange for USDA loans.Utilizing the GovGex.com(TM) platform for government guaranteed loans,which is a component of the Small Business Loan Exchange, the USDA loansexchange allows originators to sell guaranteed portions of USDA loans tosecondary market buyers.

USDA loans, originated by lenders throughout the nation, are backed by thefull faith and credit of the U.S. government. "The ability for USDA lendersto seamlessly achieve liquidity is an important market change, especiallyduring this time of tight credit," said Bob Judge, a partner at GovernmentLoan Solutions, which recently joined with Edgeware Analytics to providesettlement, gain-on-sale calculations, and valuation services to GovGex.comusers. GLS services are also now available to USDA loan exchange users.

"After successfully selling our SBA loans through GovGex we were thrilledto learn that we can now sell our USDA loans on the online exchange," saidKevin Coffman, senior vice president at Plains State Bank. "Because of thetransparency GovGex provides, we know we're capturing the highest availablebid by reaching the widest range of buyers -- something that is moreimportant than ever in today's credit market. USDA loans can be morecomplex than SBA loans making the sale longer and more difficult. WithGovGex's proven technology and the detailed USDA information it providesbuyers, we expect GovGex's simplified process will allow us to sell ourUSDA loans more quickly and at a higher premium."

Buyers directly share in the benefit. "We actively use GovGex as itconnects us with sellers we may not otherwise see," said Joel Banes, CEO ofBanes Capital Group, LLC a leader in the government guaranteed secondarymarket.

The GovGex component of the Small Business Loan Exchange provides one-clickaccess to all bids -- allowing the seller to capture as much value aspossible for their loan sale. The Small Business Loan Exchange alsoprovides complete archiving and tracking for audit and compliance. Justprior to the launch of the USDA loan exchange, the Small Business LoanExchange transacted over $1 million per day. Buyers on GovGex includedirect investors, broker-dealers, and over 95 percent of secondary marketpool assemblers.

"In the current credit climate, government guaranteed loan programs are agreat alternative for lenders who want to mitigate risk," said EdgewareAnalytics CEO Dan Shoham. "USDA lenders can now have the same immediateliquidity our other BizLX customers already enjoy by selling loans to thelargest pool of buyers accessible anywhere, while buyers can securespecific deals that fit their needs."

About Edgeware Analytics, Inc.

Edgeware Analytics, Inc. provides a comprehensive suite of technologyproducts and services to the small business lending marketplace. Thecompany's Small Business Loan Exchange(TM), BizLX.com(TM), utilizespowerful analytics to transparently match a broad array of lendingmarketplace participants including business borrowers, aggregators such asfranchisors and business brokers, lenders, secondary market fundingsources, and vendors to small businesses. Elements of the Small BusinessLoan Exchange include SBLX(TM) connecting business borrowers with lenders,GovGex.com(TM) connecting sellers and buyers of government guaranteedloans, and ScoreEdge(TM) creditworthiness scoring model used by nationallenders, certified development companies, credit unions and communitybanks. Additional information can be found at www.BizLX.com

Media contact:Meghan Searles GardnerEdgeware AnalyticsEmail Contact857-222-2864


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