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CFI's Surfside Announces Partnership With Qualcomm and Other Leading Infrastructure Providers

24 July 2000

Leading Providers, Partnering with Surfside, to Deliver Wireless Assisted Services to Global Markets

    CLEARWATER, Fla. - Surfside Software Systems, Inc., a subsidiary of CFI Mortgage, Inc. (OTCBB:CFIM), today announced strategic development alliances with mobile data equipment manufacturers to enhance the marketability of its TranWare Transportation Software Suite.

    On July 21, 2000, a strategic development agreement was signed with Qualcomm . Under the terms of the agreement, an interface will be created between TranWare Autodisp dispatching software and Qualcomm's OmniExpress digital wireless mobile communications system. Qualcomm, a leader in developing and enabling innovative wireless communications products and services based on digital technologies, has been recognized for years as the industry frontrunner for mobile data in the over-the-road trucking industry. The interface with TranWare will bring this technology to Surfside's taxi, limousine and courier customers. Drivers in fleet vehicles will be able to receive and update job/trip information, communicate with the home office via digital text messages or voice utilizing the Sprint PCS network. Through this interface, Surfside will enable its customers to access high-performance location functionality utilizing the wireless assisted GPS (Global Positioning System) technology.

    "This agreement is a key stepping stone in making TranWare the foundation for the transportation industry," said Steve Furniss, president of Surfside. "We're very pleased to be working with Qualcomm, one of the largest digital developers. This agreement provides for the development of a wider range of product choices to transportation providers for meeting their location server needs."

    CFI also announced recent alliances with other leading mobile data equipment manufacturers, including King Communications, CES Wireless Technologies, and RLM Software.

    TranWare Autodisp has been successfully interfaced with the King Communications KDT5000 mobile data terminal system for over two years. Installations are operational throughout the United States and Canada. This system delivers fully automated dispatch capabilities, traditionally available only to the largest of transportation fleets, to smaller operators. Additional interfaces are under development with a variety of providers of mobile data components.

    Another interface is under development with CES Wireless Technologies, manufacturer of the rugged and reliable TRK-240 terminal that will be utilized in the courier and taxi markets. This terminal can operate on traditional two-way radio as well as packet switched type networks such as CDPD.

    The WinLimo(TM) product is being interfaced to RLM FlightView(R), an industry leader in providing real-time flight data to ground transportation operators, allowing WinLimo users the ability to identify trips that must be rescheduled due to flight time changes.

    "Surfside's goal is to meet the challenges of this new information age by addressing the ever-changing needs of its customers," said Stephen Williams, president and CEO of parent company, CFI Mortgage, Inc. "To help them achieve this goal, CFI has made substantial investments in development technology. These investments are funded by revenues from our mortgage business, not by reaching into the equity markets. Our vision is to continue to remain debt-free while fueling technology growth."

    "Our client base continues to grow due to our commitment to provide the latest technology and the highest levels of service to our customers," said Jim Furniss, VP - Sales and Marketing. Surfside's WinLimo Limousine and Premium Transportation system has recently been licensed to SpeediShuttle, Maui, Hawaii. This multi-user, multi-site installation of WinLimo will showcase the advanced features of the product such as complex zone to zone pricing, cashiering with voucher redemption, multiple order linking, and contract and charter business.

    CFI is a broad, technology-based consumer finance company serving the national and international markets. The Company's goal is to become a diversified eCommerce financial services company with a 50-state lending capability. The company's strategy is to introduce a solution into the financial services marketplace, offering it as the most efficient and flexible web-enabled mortgage solution that supports all borrowing channels, consumer direct, retail and wholesale.