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"Operationally, it is a very easy system to utilize. Our underwriters have said that Avista is the best system out there for underwriting FHA loans."

Avista Solutions Adds Michael Picker as Vice President of Sales

San Diego, CA - March 29, 2006

Avista Solutions, a leading mortgage software provider announces that Michael D. Picker has joined the company as Vice President of Sales. In this role, Mr. Picker will oversee both the day-to-day management and strategy of the company’s sales operations. Mr. Picker will provide sales leadership as Avista Solutions enters a new phase of growth.

Prior to joining Avista Solutions, Michael Picker was a Regional Account Executive with Dynatek for over 8 years. He was a top producer at Dynatek and was responsible for sales revenue in 17 states. He was named Salesman of the Year in 2001 and 2005. Mr. Picker holds a BA in Business Administration from Culver-Stockton College and a Masters of Business Administration from Missouri State University.

"We are very pleased to have Michael Picker running our sales organization," said Mark Phlieger, CEO of Avista. "Michael’s experience in mortgage software sales will be a key asset to Avista at this stage of our growth. His professionalism and reputation in the mortgage industry will be a win/win for both our customers and Avista."

"I am excited to be a part of the Avista team, a company that is known not only for leading edge technology solutions in the mortgage banking industry, but for developing exceptional long-term customer relationships," said Michael Picker. "I look forward to increasing Avista’s market presence and working with our customers to help them leverage Avista’s mortgage lending technology."

About Avista Solutions

Avista Solutions is a mortgage software company founded on old-fashioned business values. Our web-based mortgage loan origination software has handled over $173 billion in unique loans and our customers are among the highest rated in the industry for their origination technology. The demand for new mortgage products in a rapidly changing market requires a platform with superior flexibility. Avista Solutions’ suite of mortgage lending software provides complete end-to-end solutions that can be rapidly implemented for conforming, Alt-A, and sub-prime products, across all origination channels. For more information about the innovative products Avista has to offer, please call (803) 788-4936, or visit us on the web at www.avistasolutions.com.

Contact: Carolyn Altobello
Avista Solutions
803.788.4936
caltobello@avistasolutions.com

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