X/NET UNVEILS WEB FRONT END FOR REMBRANDT

Technology Company Develops Web Interface for BSI Lending System

ROCHESTER, N.Y. -- November 28, 2000 - Customers of Bankers Systems Inc. (BSI) can now access the Rembrandt Lending System online. Bridging the gap between the loan documentation system and the Internet or a company intranet is X/Net Associates' Application Web Front End for Rembrandt.

In July 2000, X/Net expanded its strategic relationship with BSI, and agreed to develop and provide BSI customers with a web browser interface for Rembrandt. This month marks the first installation of Application Web Front End for Rembrandt at a BSI customer site.

"Since Web Front End is merely a natural extension of our universal credit origination system, CrediSphere, we're able to develop specific applications from it to respond quickly to customer needs and industry trends," says Gregg Olin, president and CEO, X/Net Associates.

BSI's Rembrandt Lending System is a comprehensive loan documentation system for consumer, commercial and agricultural lending, with built-in compliance management tools.

Application Web Front End for Rembrandt connects an institution's data entry and underwriting staff to the lending system via a standard web browser. It enables users to enter, edit and delete credit applications and preview and print pre-populated Rembrandt electronic application documents from multiple locations. The web interface is highly customizable and easy to implement with existing systems.

Bankers Systems Inc.® is a leading national provider of compliance resource solutions for financial institutions and their legal counsel. The company serves more than 12,000 financial services organizations, and its compliance solutions are used by 83 percent of banks in the U.S. Its deposit, lending, and retirement plan documents and other solutions are used by over 60 of the leading core processors and systems integrators. The company's PC software applications are installed in more than 7,000 customer sites. Customers include banks, credit unions, finance companies, brokerage companies, and mutual fund companies as well as industry providers. For more information, contact the company at 800-552-9410 or visit its web site at www.bankerssystems.com.

X/Net Associates, Inc. is a high-end software development and systems integration firm. X/Net provides complete software solutions within the financial, insurance and securities markets. The company has been a leader in completely integrated internet credit application processing solutions for all types of lending institutions since 1997. The company's products include CrediSphere™, a next-generation application for credit origination, and MetaSage®, the powerful underlying technology platform that is designed to handle all common B2B functional requirements. The company is headquartered in Fairport, N.Y., and also maintains an office in Columbus, Ohio. For more information, contact X/Net at 585-425-7047 or 888-GET-XNET or visit the company's web sites at www.xnai.com and www.CrediSphere.com.

Media Contact:
Rick Hughes
Tel: (585) 425-7047
Fax: (585) 425-2455
Email: rhughes@xnai.com