X/Net Associates and CognitiveDATA Announce Joint Marketing Agreement

Fairport, New York -- February 4, 2003 - X/Net Associates, Inc. (X/Net), a leading software technology provider to the financial services industry, announced today that it has signed a joint marketing agreement with CognitiveDATA, Inc., a leading provider of innovative data quality solutions.

Gregg Olin, CEO and President of X/Net stated, "The synergies of our products and direct working experience with CognitiveDATA has led to this joint marketing agreement. We are pleased to find a partner that shares the same passion for excellence and innovation, that delivers what they promise, and that is focused on reducing Total Cost of Ownership for their customers. This agreement will provide our customers with yet another external service that saves them time and money, and reduces risk by combating fraud."

"X/Net's focus on efficiency, cost of ownership savings, and bundled integration of their credit decisioning systems makes this relationship a natural," stated Rodney Ford, President of CognitiveDATA. "Our ability to seamlessly verify the identity of applicants prior to incurring the high cost of external verification enhances the value proposition of X/Net's credit origination systems."

CrediSphereŽ, powered by X/Net's proprietary MetaSageŽ application and integration server, is the market leader in providing customer selected, multiple, integrated external services directly into the credit processing workflow. This best-in-class solution offers highly secure, native WAN and Internet communications, eliminating the cost and maintenance of middleware while using minimal bandwidth. With the highly scalable system, users can connect from the back office, remote branches, call centers, or over the Internet. CrediSphere for Retail Lending provides complete credit origination processing including multi-channel data entry or capture, the most flexible product and policy development, multiple forms of automated and manual decisioning by product, multiple insurance and cross-sell features, multiple integrated document processing and delivery, and much more. Joining more than thirty external services directly integrated within CrediSphere, CognitiveDATA's IntelliMEMBER and IntelliDRESS solutions provide address hygiene, change of address processing, duplicate identification, and low yield prospect identification, reducing the need to buy credit bureau reports by pre-screening applicant information.

About CognitiveDATA, Inc.
CognitiveDATA delivers innovative data quality solutions that enable businesses to obtain an intelligent and accurate view of their customers. Founded in 2001, the company is based in Little Rock, Arkansas, with sales operations in Chicago, Illinois. For more information, contact CognitiveDATA, Inc. at 501-975-7580 or 866-243-7883 or visit the company's website at www.cognitivedata.com.

About X/Net Associates, Inc.
X/Net Associates, Inc. is an innovative software technology and integration firm. X/Net provides complete software solutions within the financial services market. The company's products include CrediSphere, a next-generation, universal credit origination suite, and MetaSage, the proprietary application/integration server platform. The company is headquartered in Fairport, N.Y. For more information, contact X/Net at 585-425-7047 or 888-GET-XNET or visit the company's website at www.xnai.com.

Media Contacts:
Rick Hughes, X/Net Associates, Inc.
Tel: (585) 425-7047
Fax: (585) 425-2455
Email: rhughes@xnai.com

Terron Lindholme, SVP Sales, CognitiveDATA
Tel: (866) 243-7883
Email: tlindholme@cognitivedata.com