DEBTX TO SELL $46 MILLION IN LOANS FOR FDIC

First Transaction For FDIC Under Agreement Signed In December

BOSTON,  February 14, 2008

DebtX, one of the nation's largest loan sale advisors for commercial debt, today announced the sale of $46 million in Consumer and Commercial Real Estate loans bidding March 18, 2008.

The transaction involves the sale of 1,300 loans for which the FDIC is acting as receiver. The loans are secured by a wide range of collateral, including aircraft, automobiles, boats, recreational vehicles, and commercial real estate. Qualified investors can register to view and bid on the assets at www.debtx.com or call 617-531-3400 for more information. Due diligence will commence Feb. 15, 2008.

“DebtX is conducting a nationwide marketing campaign to identify prospective investors, and there is already significant interest in these loans,” said DebtX CEO Kingsley Greenland. “DebtX expects strong demand for these loans as the sale date approaches.”

The sale is the first under a new, five-year agreement DebtX signed with the FDIC in December to liquidate receivership assets. From 2001 to 2004, DebtX sold more than $460 million in loans in eight separate transactions for the FDIC.

With more than 3,500 registered and approved investors and approximately 300 financial institutions selling through its exchange, DebtX operates one of the world's largest and most liquid online marketplaces for debt. DebtX works with financial institutions to sell Corporate & Industrial (C&I), Commercial Real Estate (CRE), residential and selected consumer debt. DebtX is based in Boston, with offices in Atlanta, Chicago, New York, San Francisco and Frankfurt, Germany.

About DebtX
DebtX is one of the world's leading full-service loan sale advisors for commercial, consumer and specialty finance 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 marketplace of buyers and sellers of commercial debt and offers a variety of innovative information services, including DXMark^SM, the first objective valuation of commercial real estate portfolios based on actual secondary market loan sales. DXOpen is the direct access channel to DebtX's online marketplace those institutions that want additional flexibility to initiate and manage loan sales. For information, contact, 617.531.3400 or visit www.debtx.com.

Media Contact
Greg Berardi, Blue Marlin Partners, 415.239.7826, greg@bluemarlinpartners.com