FLDI Hires New Operations Manager and Chief Operating Officer

AUSTIN, Texas, June 28, 2005 - First Lenders Data, Inc. (FLDI) , an Austin, Texas-based provider of bundled settlement service solutions to the mortgage lending industry, announced the addition of two new employees: Kyle Knight and Gabe Flores.

Knight joins FLDI as operations manager. In this position, he supervises the processing of all flood determination requests made by customers and serves as a facilitator for disputed flood determination decisions. He also manages FLDI's staff of flood research experts and the company's customer service team for all FLDI's suite of services. Previously, Knight served as compliance administrator for Arlington, Texas-based Fidelity National Flood Services, Inc. He has also worked as a life of loan administrator at Austin, Texas-based First American Flood Data Services, Inc. and night operations manager at Austin, Texas - based Flood Data Services, Inc., prior to its acquisition by First American.

Flores joins FLDI as the chief operating officer where his duties entail supervising the daily operations of FLDI including operations management, personnel, financial performance, customer service and the development of FLDI's strategies for information technology positioning within the real estate marketplace. Prior to joining FLDI, Flores served as a financial management and operations consultant at Austin, Texas-based KLD Business Consulting and as CEO of E-Matrix Systems Inc., a software development company.   

Flores attended the University of Texas at Austin where he earned two bachelors degrees, one in accounting and another in business management.  After gaining 15 years of experience with nonprofit and for profit organizations, he returned to UT Austin to earn his MBA with a concentration in business entrepreneurship and technology commercialization.  Flores has also held a designation as a Certified Public Accountant (CPA).

"With their industry experiences, Flores and Knight bring new perspectives to the FLDI team," said Tedd Smith, CEO of FLDI. "Their combined knowledge of the flood services and financial industries help FLDI further enhance internal operations and customer service efforts as well as provide an additional resource for conducting flood determinations more effectively."

About First Lenders Data, Inc.

First Lenders Data Inc. (FLDI) is an Austin, Texas-based provider of settlement service solutions to the mortgage lending industry. FLDI offers its products and services through its proprietary Web-based FirstClose TM platform. The company's product offerings include credit

reports, flood certifications, AVMs and traditional valuation products, as well as income verification title, doc prep, closing, and recording services. Additionally, FLDI provides more progressive services, including hybrid and gap valuations, and alternative lien reports.

For more information on FLDI's products and services, please visit the corporate Web site at www.fldi.com.

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