DebtX Loan Sale Platform Selected by FDIC

Five-Year Agreement With FDIC Will Help Liquidate Receivership Assets

BOSTON,  December 10, 2007

DebtX, one of the nation's largest loan sale advisors for commercial debt, today announced that it has signed a five-year agreement with the Federal Deposit Insurance Corporation (FDIC) to sell assets in FDIC receiverships.

“We're pleased the FDIC selected DebtX,” said DebtX CEO Kingsley Greenland. “The FDIC will have immediate access to DebtX's sophisticated and proven technology, and we will provide a complete range of loan sale advisory services to deliver superior price execution through the DebtX marketplace.”

DebtX provides an established online marketplace to market acquired assets to the largest number of potential buyers safely and securely. DebtX's deal management technology provides the FDIC multiple and varied marketing initiatives, and its loan sale professionals possess the expertise and capacity to support these initiatives by providing complementary valuation, marketing, due diligence, and other supporting services.

DebtX, which has more than 3,200 accredited investors around the world, has been engaged previously by the FDIC to sell assets. From 2001 to 2004, DebtX sold more than $460 million in loans in eight separate transactions.

The FDIC is one of a number of government organizations that has engaged DebtX to sell debt. Most recently, the National Credit Union Administration engaged DebtX to sell $26 million in home loans for properties around Fort Myers, Florida. The sale bids Thursday, December 13 at www.debtx.com.

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