X/NET ASSOCIATES LAUNCHES eDocArchitect, A METASAGE® SOLUTION

Technology Company Develops Document Generation System

Fairport, NY -- August 6, 2001 - X/Net Associates, a Fairport, NY-based software technology company, today unveiled eDocArchitect, a product designed to allow custom documents and document "packages" to be created, edited and dynamically assembled with content-specific data within seconds.

"Designed specifically to provide remote distribution, preview and print capability for simple to highly complex document needs, eDocArchitect is the latest advance in our growing suite of MetaSage® solutions," said Gregg Olin, president of X/Net Associates. "We're first launching eDocArchitect for credit application processing and closing documentation. However, it truly is a horizontal business solution and is a valuable tool for any organization needing to create their own flexible, custom documents and distribute them over the Web."

eDocArchitect's powerful business rules editor simplifies complex document package assembly to an administrative level. With the product, institutions are able to create custom documents using templates made in Microsoft® Word®, and populated by data captured from X/Net's Web Front End, CrediSphereŽ system or other data sources. eDocArchitect also supports third-party electronic documents, such as Bankers Systems E-Forms.

eDocArchitect works with X/Net's MetaSage platform. MetaSage, a universal business software architecture, combines the major functions common to all business applications: deployment, administration, security, access, user profiles, and communication. This creates a separation of the business application functions from the technology needs of the vertical application, increasing flexibility and connectivity and speeding application development and deployment. The product was designed to reduce or eliminate the programming resources usually needed to integrate electronic forms into workflow applications.

X/Net Associates, Inc. is a high-end software technology company. 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 the 1997 release of its Web Front End software application. The company's products include CrediSphere a next-generation suite for credit origination, and MetaSage, the powerful underlying technology platform that is designed to handle all common application server 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 Website at www.xnai.com.

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