DEBTX TO SELL $1 BILLION IN LOAN PARTICIPATIONS

Loans From 15 Failed Institutions To Bid September 1, 2009

BOSTON,  July 22, 2009

DebtX, the largest marketplace for loans, today announced it will sell more than $1 billion in loan participations from 15 banks in FDIC receivership.

The portfolio consists primarily of Commercial Real Estate (CRE) loan participations with concentrations in Georgia, Texas and the western United States. Each of the 421 loans in the portfolio will be offered on an individual basis, with bids due by 1 p.m. Eastern on Tuesday, September 1, 2009. Due diligence materials will be available at www.debtx.com on Monday, August 3, 2009.

“Given the size and diversity of this portfolio, banks across the U.S. will have a unique opportunity to purchase high-quality loans,” said DebtX CEO Kingsley Greenland. “DebtX expects significant interest from banks seeking this type of product.”

Institutions interested in participating in the sale should contact Kendra Martin at 617.531.3439 or Joe Blackett at 617.531.3470.

About DebtX
DebtX is one of the world’s leading full-service loan sale advisors for commercial, consumer and specialty finance debt. DebtX operates the world’s largest and most liquid online marketplace for loans, with more than 6,000 registered and approved investors and more than 300 selling institutions, including commercial banks, insurance companies, investment banks and government-sponsored enterprises. DebtX also offers DXMark®, the first objective valuation of commercial real estate portfolios based on actual secondary market loan sales. DXOpen® is a family of deal management products used by syndication and agency services professionals. DebtX is based in Boston, with U.S. offices in Atlanta, New York, and San Francisco, and European offices in London, Madrid, and Frankfurt. For information, call 617-531-3400 or visit www.debtx.com.

Media Contact:
Greg Berardi, Blue Marlin Partners, +1-415-239-7826, greg@bluemarlinpartners.com