Multi-Financial Services Announces New Officers

TALLAHASSEE, Florida, Jan. 18, 2000 - Multi-Financial Services Co., Inc. has announced the promotion of Kyle Edwards and Sean Faddon to Operations Officer-Loan Servicing and Operations Officer-Technical Development & Support, respectively.

As Operations Officer-Loan Servicing, Mr. Edwards will be responsible for overseeing the loan servicing department of the company. In his new role, he will also be responsible for maintaining relationships with the company's clients. His other duties include the input and balancing of new accounts, maintenance of numerous escrow accounts, collection of delinquent accounts, and monthly remittances back to each client.

Sean Faddon, the new Operations Officer-Technical Development & Support will oversee the company's technical support department. Mr. Faddon will also be responsible for developing upgrades to the company's Trakker-Loan Servicing Software. In addition to his software programming duties, he will assist the technical support staff in providing customer service to its software customers.

About Multi-Financial Services Co., Inc.

Founded in 1989, Multi-Financial Services offers loan-servicing software for the mortgage loan finance industry. Its primary product, Trakker-Loan Servicing Software, is a loan servicing software package for small to medium sized mortgage companies. Through a marketing relationship with Contour Software, the company offers their servicing system as a "Trak-It" add-on feature to Contour Software users. The company also services community development loans for cities and counties nationwide and provides servicing consultation. The privately held company currently has 10 employees in Tallahassee, Florida. For more information about Multi-Financial Services or Trakker-Loan Servicing Software, contact J. Terry Ryan, president, at (800) 326-4112 or visit www.thetrakker.com or www.multi-fin.com.

Multi-Financial Services Co.,Inc. • 2580 Care Drive, Suite 2 • Tallahassee, FL 32308
Telephone: (800) 326-4112