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MicroBilt Acquires Leading Provider of Instant Online Loan Approval Technology

Kennesaw, GA, Oct 28, 2001

FIData joins forces with MicroBilt to Enhance Suite of Online Loan Engine Products MicroBilt Corporation, the premier provider of credit and decisioning access via the Internet, announced today a definitive agreement to acquire 100% of the stock in FIData, Inc., a wholly owned subsidiary of New Century Equity Holdings Corporation and a leading provider of instant online credit approval technology. Through the acquisition, MicroBilt plans to expand its automated lending tools to institutions that wish to private label and outsource instant lending solutions. FIData brings to MicroBilt their V4 Instant Loan Decision Solution. V4 is a server-based instant online loan approval product that allows lenders control over their entire loan process. V4 gives lenders the ability to customize rates, terms and products offered and incorporate credit scores and all underwriting rules-including custom scorecards into the decisioning engine. Borrowers can apply at the lenders web site or on site at the loan representatives' desk. Within seconds, borrowers are approved or referred to a loan officer. More importantly, it provides lenders with immediate tools to alter decisions and credit products offered based on market risk and fluctuations, which is so critical in today's volatile marketplace. According to FIData President, Blake Allen, "The FIData acquisition brings together companies who both understand and are dominant leaders in the decisioning and credit reporting marketplace. This experience combines high end automated decisioning tools with strong synergies in our products to lenders of all sizes across dozens of industries." "MicroBilt is excited to bring more sophisticated lending tools to our customers," said Ken Hill, President of MicroBilt Corporation. "MicroBilt has taken great measures to develop an array of decisioning products and services to lenders that offer convenience and customization that fit their needs and development budgets, which in turn increases their sales pipeline and profitability overall." About FIData:
FIData, Inc. is one of the leading providers of instant online loan approval services for the financial services industry. Processing $1.1 billion in loans in 2000, this online loan engine allows participating lenders to offer their borrowers loan approval within 60 seconds or less, on a 24x365 basis. FIData's services also streamline back-office lending functions and provide online lending capabilities to third-party lending partners such as auto dealers, call centers or retailers. The Company's new E-Care and Lending Call Center provides borrower assistance to users of the online loan approval system, in addition to providing more traditional telephone and fax services to offline borrowers. All of FIData's services are branded for the client institution; FIData's identity is invisible to the user/borrower. Presently serving more than 100 client institutions nationwide, loan application volumes topped 100,000 applications in 2000 and are continuing to grow at a rapid pace. As an Application Service Provider (ASP), FIData provides the power of its loan underwriting technology via the Internet in a secure environment, requiring no hardware or software purchases from its clients. FIData is an Austin, Texas-based Company led by executives with extensive experience with Internet technology and the financial services industry. Located at www.fidata.com, FIData has served financial institutions since 1988. The company was a subsidiary of New Century Equity Holdings Corp. (NASDAQ: NCEH), a holding company focused on high-growth technology-based companies and investments and is a financial investor in MicroBilt. About MicroBilt:
MicroBilt, a division of Bristol Investments, Ltd., is the North American leader in credit bureau data access and retrieval, providing credit solutions to the Financial, Rental or Leasing, Health Care, Insurance, Law Enforcement, Education and Utilities Industries. MicroBilt is certified through and provides interfaces with the three consumer bureaus, Equifax (NYSE: EFX), Experian (London Stock Exchange: GUS) and Trans Union and the two commercial bureaus, Dun & Bradstreet and Experian Business. Bureau data is available via dedicated terminals, dial-up software, Internet website access (creditcommander.microbilt.com), or through an integrated custom interface utilizing their Software Developers Kit. Private company information along with knowledge-based analytical tools and information services is available through MicroBilt’s recent acquisition, Integra Information, Inc. The company also enables web sites to enhance their content offerings by delivering a CreditCommander.com and PrivateCo.com co-branded site to their established online communities. MicroBilt services over 30,000 customers throughout the United States and Canada. Formerly a First Data Corporation (NYSE: FDC) subsidiary, MicroBilt Corporation, maintains offices in Georgia and New Jersey. For more information, contact MicroBilt Corporation, 1640 Airport Road, Suite 115, Kennesaw, GA 30144. Telephone: 1-800-884-4747. Or visit their website at www.microbilt.com.

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