DebtX Expands Trading Team, Names Will Mercer Vice President, Trading

Former Sun Capital Executive Helps DebtX Meet Growing Demand

BOSTON,  August 20, 2007

DebtX, one of the nation's largest loan sale advisors for commercial debt, today announced that Will Mercer, a financial services executive with 15 years of experience, has been named Vice President, Trading.

With the addition of Mr. Mercer, DebtX's trading team now includes six professionals in the U.S. led by Managing Director Dave LeBlanc. DebtX's trading team markets loans to buyers interested in the debt of commercial banks, pension funds, investment banks and other portfolio lenders in the U.S. and Europe. The trading group is supported by more than 40 other professionals dedicated to creating liquidity for whole loans.

DebtX represents more than 250 global financial institutions engaged in loan sales to actively manage their loan portfolios.

“Will Mercer is a terrific addition to DebtX, and his capital markets and real estate experience expands DebtX's ability to meet the growing liquidity needs of financial institutions in the U.S. and abroad,” said DebtX CEO Kingsley Greenland. “Will joins an outstanding team of DebtX traders who work with a global network of investors seeking opportunities in the whole loan debt of top-tier financial institutions.”

Before joining DebtX, Mr. Mercer spent five years at Sun Capital Advisers LLC in Boston, most recently as Vice President, U.S. Public Fund Income. At Sun Capital, he was responsible for the management of investment-grade CMBS and REIT portfolios. He also served as Vice President of several different divisions, including U.S. Private Placements and U.S. Mortgages. Earlier in his career, Mr. Mercer was an Investment Officer for John Hancock's Real Estate Investment Group, where he was responsible for managing all aspects of commercial real estate lending for both insurance and CMBS pools. Mr. Mercer earned a Bachelor of Arts degree from Harvard University and is a CFA charterholder.

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.