X/NET ASSOCIATES SHOWCASES INTEGRATED SOLUTIONS AT INTERACT 2002 CONFERENCE

X/Net's CrediSphere® and Fair, Isaac's LiquidCredit® decision engine Integrated to Offer Customers Complete Lending Solution

ROCHESTER, N.Y. -- May 14, 2002 - X/Net Associates, Inc. (X/Net) announced today that CrediSphere credit origination system, integrated with Fair, Isaac's LiquidCredit decision engine, is being showcased at Fair, Isaac InterACT conference in San Francisco, May 12-15. The two companies, partners since 1998, are combining sales efforts to market an integrated solution that provides customers with a world-class credit origination solution.

"The seamless integration of Fair, Isaac's LiquidCredit decision engine within our CrediSphere product suite provides our mutual customers an unprecedented value proposition," said Gregg Olin, president, X/Net Associates, Inc. "While we have created the very best in class universal credit origination suite, we are very pleased to now offer the best application risk models in the world. We are honored to be invited to present our integrated solution at Fair, Isaac's premier users' conference."

CrediSphere Consumer Lending Suite automates the entire credit origination process for Direct, Indirect, Revolving, Credit Card, and Home Equity lending and is in use by banks and credit unions throughout the U.S. Featuring dozens of integrated external services and host processor systems, CrediSphere offers the future of automated credit processing today.

For more information on CrediSphere and X/Net, visit the company's web site at www.xnai.com or call 1-888-438-9638.

About X/Net Associates, Inc.
X/Net Associates, Inc. is a high-end software development and systems integration firm. X/Net provides complete software solutions within the financial, insurance and securities markets. The company's products include CrediSphereŽ, a next-generation, universal credit origination suite, and MetaSageŽ, the powerful underlying technology platform. The company is headquartered in Fairport, N.Y., and also maintains an office in Columbus, Ohio. For more information, contact X/Net at 888-GET-XNET or visit the company's sites at www.xnai.com.

Media Contact:
Rick Hughes
Tel: (585) 425-7047
Fax: (585) 425-2455
Email: rhughes@xnai.com