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Fraud Mergers & Acquisitions

ISO Acquires Domus System under Interthinx(TM) Umbrella - Interthinx(TM) To Add Compliance, Reporting Capabilities to Serve Affordable Housing Industry

AGOURA HILLS, Calif. -- (Aug. 31, 2006) Interthinx(TM), an ISO business and the leading provider of fraud detection and compliance tools for the mortgage industry, announced ISO's acquisition of the Domus System. The Domus System provides automated compliance and reporting services to the affordable housing industry, which buys, builds and manages government-subsidized properties for low-income and other disadvantaged residents.

The Domus System electronically collects, maintains and reports on resident and property data. Current data can be updated, while historical information is securely stored to allow for outcome analysis and fund tracking. The system is Web-based; therefore Domus can offer asset managers and affordable housing agencies online and cost-effective reporting and data tracking solutions to maximize funding activities. Terms were not disclosed.

"Interthinx recognized the potential synergy with Domus in terms of data, analytics and fraud metrics," said Kevin Coop president of Interthinx. "Combining these two highly successful business models under the ISO umbrella will also provide Domus increased capacity to develop innovative products, expand their customer base and training resources, and obtain the protection of industry leading data security warehouses and procedures."

"The affordable housing industry has a tremendous need for accurate and timely compliance reporting," said KC West, president of Domus Systems. "Combining the fraud detection capabilities of Interthinx with the electronic data collection services of the Domus System will deliver a more robust automated compliance and reporting tool to our customers."


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