Dattar Systems and AppraisalTrac® In the News

CONCORD, CA - October 22, 2001 - Dattar Systems, Inc., a provider of information technology solutions, announced today the unveiling of their new website and the release of a new version of AppraisalTrac™. The new release coincides with the one-year anniversary of the AppraisalTrac application service.

The latest version of AppraisalTrac includes integration with appraisal software programs, advanced document management and reporting functions, improved vendor panel management, "best vendor" selection logic, a new review module for ensuring the quality of appraisals and built-in invoicing features.

"The new features, combined with the powerful and dynamic workflow capabilities of AppraisalTrac, make the system not only a cost-effective choice but also a smart choice from a business perspective," said Leslie Hurlburt, Vice President of Dattar Systems. "AppraisalTrac can dramatically streamline the operations workflow of lenders, loan originators and appraisal companies allowing them to concentrate on what they do best without having to worry about technology issues."

About AppraisalTrac™
AppraisalTrac is a private-labeled collateral services workflow application marketed to lenders, loan originators and appraisal service providers. It is a web-centric application and requires no hardware or software acquisition or expenditure to implement. It provides an end-to-end solution for the ordering, management, tracking and delivery of real estate appraisal and other collateral assessment products.

About Dattar Systems
Founded in 1997, Dattar Systems, Inc. is a California Corporation located in Concord, California. The company provides information technology products and consulting to the financial, communications and software sectors. For additional information on AppraisalTrac or Dattar Systems, Inc. visit their web site at http://www.appraisaltrac.com or http://www.dattar.com.

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