Titan Investment Partners and Sollen Technologies Reach Agreement on Purchase.

Business Editors

SAN DIEGO--(BUSINESS WIRE)--Oct. 21, 2003

Titan Investment Partners LLC, a private equity firm in San Diego, CA, announced today that they had reached agreement on the asset purchase of Sollen Technologies LLC.

Sollen Technologies, based in Dallas,

TX, is a leading provider of innovative software solutions that enable real-time delivery of mortgage loan product and pricing information for US mortgage lenders. Earlier this year, Sollen Technologies was a named a Top 100 mortgage technology vendor by Mortgage Technology magazine. The company provides a set of tools that allow for complete automation of loan searching, product validation, loan-level pricing and locking on the Web or the desktop.

Titan Investment Partners is the managing owner of Del Mar Database, Inc., a leading provider of mortgage technology services to over 230 lenders in the United States. Titan Investment Partners is a member of the Relational Group, an asset management and financial advisory firm with in excess of $2.3 billion under management.

Jeb S. Spencer, the Managing Director of Titan Investment Partners, stated: "This acquisition is further demonstration of our plan to both acquire and fund companies who are recognized leaders in the mortgage technology industry. After speaking with Sollen's loyal customers, we determined that the company clearly met our investment profile. We are excited about the synergies that will result from the addition of Sollen to our growing list of portfolio companies."

No additional details regarding the agreement were available at press time. The parties expect the transaction to close in three weeks.