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Clayton Holdings Names John P. Courtney Chief Information Officer.

SHELTON, Conn. -- Clayton Holdings (NASDAQ:CLAY), a leading provider of information-based analytics, consulting and outsourced services for capital markets firms, lending institutions, fixed income investors and loan servicers, today announced that former Intuit([R]) executive, John P. Courtney,

has joined Clayton as Chief Information Officer. Mr. Courtney will be responsible for all aspects of the company's technology infrastructure and strategy.

Mr. Courtney has more than 18 years of experience in software engineering, including six years with Intuit, the $2 -billion marketer of QuickBooks([R]), Quicken([R]) and TurboTax([R]) software. While there he served as Vice President of Product Development and Product Management and also led the Corporate Business Applications group, where he directed the systems infrastructure for more than 40 product lines and acquisition integrations. Prior to Intuit, Mr. Courtney served as CTO and a founding member of EmployeeMatters which was acquired by Intuit in 2000. Earlier, he held senior IT positions at Citibank and Waterhouse Securities, Inc.

"The strategic direction of the infrastructure that supports our industry-leading services is key to our company and clients," said Keith Johnson, President and COO of Clayton Holdings. "John has the proven track record, technology vision and leadership skills to ensure Clayton's infrastructure evolves at the rapid pace and with the quality that our rapidly changing markets demand."

"Clayton's focus on information and analytics and its proven track record of innovative services and quality customer service position the company for growth," said Mr. Courtney. "I am excited to be a part of such a dynamic company, and am confident the technology organization will enable Clayton to continue to capitalize on current and emerging market opportunities."

About Clayton Holdings, Inc.

Clayton Holdings, Inc., headquartered in Shelton, Connecticut, is an information and analytics company serving leading capital markets firms, lending institutions, fixed income investors and loan servicers with a full suite of information-based analytics, specialty consulting and outsourced services. Clayton's services include due diligence analytics, conduit support services, professional staffing, compliance products and services, credit risk management and surveillance and specialized loan servicing services. Additional information is available at www.clayton.com.

Safe Harbor Statement

This press release may contain forward-looking statements within the meaning of the federal securities laws. When used, the words "anticipate," "assume," "believe," "estimate," "expect," "intend," "may," "plan," "project," "result," "should", "will" and similar expressions that do not relate solely to historical matters identify forward-looking statements. Forward-looking statements are subject to risks and uncertainties, both known and unknown and often beyond our control, and are not guarantees of future performance insofar as actual events or results may vary materially from those anticipated. Factors that may cause such a variance include, among others, those discussed from time to time in our filings with the Securities and Exchange Commission. We expressly disclaim any responsibility to update forward-looking statements.

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