DebtX Awarded Patent for Process Related to Loan Sales and Debt Trading

Leading Loan Sale Advisor Has Several Other Patents Pending

BOSTON,  May 15, 2006

DebtX, one of the largest loan sale advisors for commercial debt, today announced it has been awarded a patent by the United States Patent and Trademark Office for its online loan sale and debt trading exchange system.

U.S. Patent No. 7,035,820 protects DebtX’s pioneering innovations related to due diligence, loan sales and debt trading that have played a key role in transforming the way commercial loans are bought and sold. DebtX also has several patent applications on file with the PTO that pertain to DebtX’s other innovations to its loan sale and debt trading exchange system. Both the newly issued patent, and the pending patent applications, highlight DebtX’s leadership in creating liquidity for financial assets that were previously illiquid.

“We’re pleased that the U.S. Patent Office has recognized the unique components of DebtX’s approach to loan sales, which has successfully generated billions of dollars in liquidity and has ushered in a new era of active portfolio management for financial institutions,” said DebtX CEO Kingsley Greenland. “The U.S. patent for DebtX is another milestone for the company and demonstrates our commitment to applying fresh thinking to create innovative solutions.”

Founded in 2000, DebtX has introduced a series of products and services that help commercial banks, pension funds, investment banks, insurance companies and others create liquidity for Commercial Real Estate loans, Commercial & Industrial loans, Specialty Finance and other kinds of debt instruments. The company’s online trading platform, analysis tools and benchmarking models have helped to fundamentally re-shape the traditional process of buying and selling commercial loans.

DebtX remains focused on delivering innovation to the marketplace by leveraging technology and a team of people motivated by a common purpose,” Greenland said. “Working closely with financial services companies, DebtX remains committed to eliminating friction in the transaction process to help buyers and sellers better achieve their financial objectives.”

About DebtX
DebtX is one of the nation’s leading full-service loan sale advisors for commercial debt. DebtX helps commercial banks, insurance companies, investment banks, government agencies and other institutions increase profitability and reduce risk by offering comprehensive loan sale advisory services that create liquidity in an institution’s loan portfolio. DebtX operates the largest online marketplace of buyers and sellers of commercial debt and offers a variety of innovative information services. These include: DXMark, the first objective valuation of commercial real estate portfolios based on actual secondary market loan sales; and DXOpen, the direct access channel to DebtX’s online marketplace for those institutions that want additional flexibility to initiate and manage loan sales. For information, contact, 617-531-3400 or visit www.debtx.com.