FICS Rolls Out Business Objects' Business Intelligence Tools For Commercial Servicer Solution

DALLAS, June 9, 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 commercial mortgage loan servicing system, Commercial Servicer.

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 and further meet the existing needs of FICS' Commercial Servicer customers. With BusinessObjects Enterprise Professional, Commercial Servicer 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 .

“We are pleased to continue deploying the Business Objects solutions to our users,” said Susan Graham, president of FICS. “This new business intelligence tool will give our Commercial Servicer users additional benefits and solutions that will enable them to succeed in today's challenging lending arena."

“We are working with high risk borrowers and high risk assets and trying to prevent foreclosure where possible,” said David Vida, CEO of Strategic Recovery Group and Acqura. “We use a combination of FICS and in-house developed proprietary applications to help us successfully meet the market's growing demands."

FICS has been working to deploy the roll out of BusinessObjects Enterprise Professional and Crystal Reports XI to its customers in three phases. Prior to the roll out to Commercial Servicer customers, FICS deployed the solution to users of its residential mortgage loan servicing system, Mortgage Servicer, and plans to soon deploy the solution to its customers using its residential mortgage loan origination system, Loan Producer.

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.

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