Applied Financial Technology’s 2005 Users Conference Addresses Industry’s Latest Issues with New AFT Tools

Important Users Meeting Set for September 22-23 in San Francisco

San Francisco, Calif. – August 3, 2005 – Applied Financial Technology (AFT), the leading provider of prepayment analytics to the mortgage industry, announced today that it will hold the AFT Users Conference at the Sir Francis Drake Hotel in San Francisco, September 22 and 23.

The two-day conference will include sessions on recent developments at AFT, including the release of its enhanced 5.4.2 Prepayment Model, Interest Rate Process -- including an improved BGM-type model – Prepayment Scoring, Regressor usage, and dynamic aggregation. Sessions also will include success stories and case studies presented by AFT clients -- the Federal Home Loan Board of New York, GMAC and Morgan Stanley -- that have integrated AFT products into their operations and deployed AFT’s market expertise to improve performance.

“With the sophistication of mortgage market players continuing to grow, the industry is finding it imperative to reach and remain on the cutting edge of quantitative analysis,” said AFT president and ceo Michael Bykhovsky. “This conference will provide our clients with updates on our most recent developments, new ways of addressing valuation challenges, and a forum for us to consider real issues and answers that make a difference in determining underlying portfolio value.”

On hand also will be AFT’s strategic partners – ALCO Partners, McDash Analytics and others -- to demonstrate how AFT’s products, together with its partner offerings, provide clients with value-added services to streamline and improve the valuation exercise. In addition, there will be special sessions on regulatory issues, home equity loan prepayment models, and the application of prepayment modeling to mortgage-backed securities.

“We serve a dynamic and fast-moving industry, and this comprehensive users’ conference will consider the current issues our clients are facing, with discussion on how those issues can be best addressed,” said AFT executive vice president Kevin Williams. “We will also be discussing the practical relevance of AFT products and enhancements that will help our clients meet their current and future challenges.”

The AFT Users Conference Program Schedule is available. Register today!

About Applied Financial Technology

Applied Financial Technology provides prepayment analytics to the nation’s largest broker/dealers, lenders, insurance companies, institutional investors, and hedge funds. Since 1996, Applied Financial Technology has delivered high-quality risk analytics to the mortgage industry through its highly regarded quantitative methods, offering prepayment models for fixed, adjustable, prime and sub-prime mortgages and home equity lines as well as asset-backed securities. The company also provides option-adjusted valuation and risk management tools for mortgage- and asset-backed securities, collateralized mortgage obligations, and interest rate processes. The Applied Financial Technology library is integrated with all major analytics providers, including Bloomberg L.P. Learn more about the company by visiting www.aftgo.com.