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QuestSoft Surpasses 1,500 Active Customers;

Compliance Solutions Provider Saves Customers Time, Money

LAGUNA HILLS, Calif.--(BUSINESS WIRE)--June 7, 2006--QuestSoft, a provider of Home Mortgage Disclosure Act (HMDA) compliance solutions and geocoding services for brokers and lenders, announced an important milestone: the company actively provides services for more than 1,500 mortgage lenders, banks and credit unions.

"In this year alone, QuestSoft has already added more than 125 new customers," said Leonard Ryan, founder and president of QuestSoft. "We attribute the growth to our reasonably-priced software, which is easy to install and run, outstanding customer service and the fact that our software continues to withstand regulatory scrutiny."

Since first offering compliance solutions in 1995 to 32 customers, QuestSoft has built its reputation in the financial services industry by supplying institutions with Windows®-based compliance software such as its flagship products, HMDA RELIEF, CRA RELIEF and Instant Geocoder. QuestSoft continues to move forward with its latest product offering, Compliance Eagle, an end-to-end mortgage compliance solution that automates the entire compliance process into one solution, saving financial institutions time and money.

"QuestSoft has helped financial institutions complete more than 8,000 HMDA and CRA filings and is now used to complete about 30 percent of annual submissions of institutions with 100,000 records or less," continued Ryan. "Our products and our customer focus illustrate that - without a doubt - we are experts in our field and leaders in compliance customer and technical service."

HMDA RELIEF, QuestSoft's flagship product, guides lending professionals through the compliance and submission process, saving 90 percent in preparation time over manual processes. CRA RELIEF reviews a financial institution's loan data to ensure CRA compliance for all bank asset sizes. Instant Geocoder is designed to verify addresses and demographic information. More than eight million records have been geocoded using QuestSoft's software to date.

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 complete compliance management to more than 1,500 banks, credit unions and mortgage companies nationwide. The company provides software design, compliance-quality geocoding and outsourcing services that are backed by 16 years of direct mortgage software and origination experience. In addition, the company has received recognition for its many technological accomplishments.