Press Release

Stocker, Liszka Join ARC Systems

- Company Expands Sales Team to Reach New Markets -

AUSTIN, Texas, March 15 /PRNewswire/ -- ARC Systems, a leading e-commerce mortgage technology provider, announces that Sandy Stocker and John Liszka have joined the company's business development and sales division.

``ARC Systems is expanding into new and challenging markets,'' said Ed Jones, president and CEO of the company. ``The addition of these highly skilled individuals will enhance ARC Systems' exposure in various mortgage markets.''

Stocker, ARC Systems' new executive director of strategic relationships, will focus on the development of business relationships with national and international institutional lenders and insurers. Stocker has more than 25 years of experience in mortgage banking including positions with Fannie Mae, PMI Group and the Hong Kong Mortgage Corp.

``I'm excited about being a part ARC Systems' vision for the mortgage industry,'' Stocker said. ``Not only is the company planning to move into the conventional market but it plans to change the way the industry does business.''

Liszka comes to ARC Systems with 20 years of mortgage industry experience. Liszka was president of lending for Bay Financial Savings Bank and most recently vice president of sales for Ellie Mae. Liszka will serve as vice president of business development at ARC Systems and oversee the development of new business segments and technology partnerships.

``ARC Systems has a keen understanding of where the mortgage industry is going and is aggressive about developing the infrastructure to make sure it's customers have the full benefit of the best technology available,'' he said.

``There has been an increase in the demand for proven technology based systems to handle the growing needs of mortgage originators both here and abroad,'' Jones said. ``We are developing the relationships necessary to facilitate that business.''

About ARC Systems

Founded in 1984 as Advanced Resource Computer Systems, Inc., ARC Systems is a privately held company that provides lending institutions, banks and credit unions across the nation with the power to make fast, accurate and consistent decisions at the point-of-sale for risk-based pricing and credit evaluation. Empowering financial institutions with the ability to make better business decisions, the company's proprietary, patent-pending, rules-based system is used by thirty percent of the top sub-prime lenders in the country providing their correspondents and brokers direct access to automated underwriting and on-line LOS functionality.

Sandy Stocker can be reached at SStocker@ARCSystems.com and John Liszka can be reached at JLiszka@ARCSystems.com.

For more information about ARC Systems, contact Mary Tipps at (512) 892-5550, via email at MTipps@ARCSystems.com, or write the company at 5316 Highway 290 West, Suite 500, Austin, Texas 78735. The company's Web site can be viewed at www.ARCSystems.com.

    Contact:  Ms. Mary Tipps          Ms. Charlyne H. McWilliams
              ARC Systems             for ARC Systems
              (512) 892-5550          (301) 933-5567
              mtipps@arcsystems.com