FICS Completes Roll Out of Business Objects' Business Intelligence Tools

- Roll out to Loan Producer customers completes implementation of business intelligence tools for all FICS users -

DALLAS, July 28, 2008– Financial Industry Computer Systems, Inc. (FICS), a mortgage technology specialist that provides in-house residential origination and servicing technology and commercial servicing technology to the mortgage industry, announced the recent roll out of BusinessObjects Enterprise Professional (BOE) and Crystal Reports XI to users of its residential loan origination system, Loan Producer.

This roll out completes the final phase of FICS' implementation project that consisted of three phases. BusinessObjects Enterprise Professional and Crystal Reports XI are now utilized by FICS' Commercial Servicer customers, Mortgage Servicer customers and now users of its Loan Producer system.

The business intelligence tools from Business Objects, an SAP company and the world's leading provider of business intelligence (BI) solutions, replace CA., Inc.'s EUREKA:Reporter . With these new solutions in place, Loan Producer users can manage and deploy tools for reporting, query and analysis, and performance management. Crystal Reports XI, part of the BusinessObjects XI platform, delivers easy report design, simple report maintenance and data access.

“The final roll out of the new business intelligence tools allows all our clients to take advantage of the solutions that will enable them to succeed in today's challenging lending arena,” said Susan Graham, president of FICS. “Our customers will greatly benefit from the time and efficiency savings the Business Objects solutions offer. This enhancement is an example of how FICS strives to ensure our customers are outfitted with the best tools to manage their business."

"FICS has been able to provide Acqura with the solutions required to efficiently service their unique portfolio and help them with their foreclosure prevention strategies, which benefits both mortgage lenders and borrowers,” said Susan Graham, president of FICS. “There is a growing demand for specialized loan servicing in today's market, and providing a system that is able to help a company such as Acqura efficiently service its portfolio and be instrumental in foreclosure prevention efforts is a testament to the flexibility built into our solutions."

About Business Objects

As an independent business unit within SAP, Business Objects transforms the way the world works by connecting people, information and businesses. Together with one of the industry's strongest and most diverse partner networks, the company delivers business performance optimization to customers worldwide across all major industries, including financial services, retail, consumer-packaged goods, healthcare and public sector. With open, heterogeneous applications in the areas of governance, risk and compliance; enterprise performance management; and business intelligence; and through global consulting and education services, Business Objects enables organizations of all sizes around the globe to close the loop between business strategy and execution.

Business Objects has dual headquarters in San Jose, Calif., and Paris, France. More information about Business Objects can be found at www.businessobjects.com.

The Business Objects logo, BusinessObjects Crystal Reports, Crystal Decisions, Web Intelligence, Intelligent Question, and Xcelsius are trademarks or registered trademarks of Business Objects in the United States and/or other countries. All other names mentioned herein may be trademarks of their respective owners.

About FICS

Founded in 1983 and headquartered in Dallas, Texas, Financial Industry Computer Systems, Inc. (FICS), specializes in providing flexible, comprehensive residential and commercial technology solutions to the mortgage industry. FICS' systems are designed for Microsoft® Windows® with the most recent solutions using .NET framework that include a rich Windows® Presentation Foundation user interface and multi-tiered shareable services. The company also provides innovative document management and web-based capabilities into its full suite of products. Additional information about FICS is available via the company's website at www.FICS.com.

Financial Industry Computer Systems