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4th Straight Year – QuestSoft Named to Top 100 Technology Vendors List

LAGUNA HILLS, Calif., June 1, 2005 - QuestSoft, a leading provider of Home Mortgage Disclosure Act (HMDA), Community Reinvestment Act (CRA) compliance solutions and geocoding services , announced that it has earned a spot on Mortgage Technology Magazine's 2005 Top 100 Mortgage Technology Vendors List, which the company has done since the inception of the list four years ago. Mortgage Technology is owned by SourceMedia, the leading publisher of information on the mortgage market.

“For the past four years QuestSoft has been named to Mortgage Technology Magazine's list of top 100 technology vendors and has been the only HMDA and CRA compliance company to appear since the list was first published in June 2002,” said Leonard Ryan, president of QuestSoft. “I believe our consistent inclusion on the list both acknowledges and commends our achievements in technology and the service we provide our alliance partners and customers.”

According to Mortgage Technology , an organization named to the 2005 Top 100 Vendors list has met four major criteria – customer satisfaction, functionality, market share and a viable revenue model. It is crucial that the vendors on the magazine's list have satisfied users and show the ability to hold them by keeping those customers apace of the technology deployed by competing lenders. According to the list synopsis, demonstrating functional value to lenders is the list's most important criterion.

“Not only do we take pride in the development and evolution of our technology, but we also, as a company, strive to provide the highest level of training and customer service,” said Ken James, vice president of QuestSoft. “Having been a part of the Top 100 Mortgage Technology Magazine Vendors List since it was first published is a true testament to our industry commitment and customer dedication.”

QuestSoft's flagship product, HMDA RELIEF, takes a lending professional through the entire HMDA process and meets all Federal Reserve Board submission requirements. The product enables direct importing from mortgage software, geocoding automation, online reference, one-step submission and analysis of production.

The compliance solution provider also offers Instant Geocoder TM , a census-based geocoding product, as a valuable resource used for address verification and demographics and CRA RELIEF, a cost-effective risk management solution that fully summarizes a financial institution's CRA data through quick and easy import options and drop-down menus in order to ensure that the institution's compliance submissions meet all government requirements.

Both products are integrated into more than 35 loan origination systems – more than any other compliance provider.

About QuestSoft

Laguna Hills, Calif.-based QuestSoft is a compliance software development firm specializing in the Home Mortgage Disclosure Act (HMDA), Community Reinvestment Act (CRA), flood determination and other settlement services to more than 1,300 banks, credit unions and mortgage companies nationwide. The company provides software design, compliance-quality geocoding and outsourcing services that are backed by 18 years of direct mortgage software and origination experience. In addition, the company has received recognition for its many technological accomplishments.