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U.S. BANK CHOOSES DEBTX'S SYNDICATION PLATFORM


DXSyndicate TM Provides Single Solution For Syndication and Agency Functions

BOSTON,  August 31, 2009

DebtX announced today that U.S. Bank, the sixth largest commercial bank in the United States, is now using DXSyndicate for its loan syndication and agency functions.

“DXSyndicate provides U.S. Bank with a comprehensive solution that enabled the bank to consolidate two different systems,” said Jeanne Rudelius, Head of U.S. Bank’s Loan Capital Markets. “We invested significant resources searching for the right platform and believe DXSyndicate provides a solution the marketplace has sorely needed, but has lacked until now.”

DXSyndicate integrates investor contact management, deal tracking, management reporting and secure document distribution in a single, Web-based platform.

“DXSyndicate is rapidly becoming an industry standard in the syndicated loan space,” said DebtX CEO Kingsley Greenland. “We are pleased U.S. Bank chose to work with DebtX after extensive due diligence and review of alternative solutions in the marketplace.”

In addition to U.S. Bank, Wells Fargo and Union Bank are using DXSyndicate to improve collaboration between the syndication and agency functions.

For more information about DXSyndicate, contact Bill Huschle, 617-531-3408, whuschle@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 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