CFI Mortgage, Inc. is a financial services company undergoing rapid transformation. Originally a traditional mortgage company, recent acquisitions have changed CFI into a broad, technology-based consumer finance company serving the national and international markets. This transformation is a result of the focus on offering customers a diversified, integrated product line and comprehensive marketing services utilizing state-of-the-art technologies and top-of-the-line customer service. Jun 15 2000 CFI Acquires 100% of Inventek, Inc. Jun 9 2000 CFI Relocates Corporate Headquarters; New Location to House CFI and Subsidiaries Jun 8 2000 CFI Mortgage, Inc. Files Form 10Q Company Reports Solid Growth Platform Now in Place May 11 2000 CFI Executes Letter Of Intent To Acquire RJ Systems Inc.; Creators Of The Genesis Technology For Rapid Application Development Will Become Part Of The CFI Team May 4 2000 CFI Funds New Wholly-Owned Mortgage Subsidiary; First United MortgageBanc, Inc. Becomes CFI Mortgage's Direct Lender Apr 7 2000 CFI Mortgage, Inc. Filing Status Clarification Apr 6 2000 CFI Mortgage Inc. Announces Release of TranWare WinLimo Transportation Software System Mar 20 2000 CFI Mortgage Retains Lagano & Associates, Inc.; Investor Relations Agency to Work With Company to Increase Shareholder Value Stephen Williams President and CEO Steve Williams, President and CEO, has had over 20 years in the mortgage and banking industries in all levels of executive management. At CFI Mortgage Inc., he has instituted a complete product focus and financial turnaround. Throughout his illustrious career, Mr. Williams has gained extensive experience in turnarounds, mergers, acquisitions, start-ups and divestitures, as well as solid experience with the varied requirements of the capital markets. He has been an owner, major shareholder or a member of senior management at Systems Communications; Televoice, Inc.; various highly successful national and international residential and commercial real estate development companies; and Wendell Phillips Oil, Inc. (London based). Mr. Williams attended Indiana University and has a BS degree in Business Administration. He also attended the New York Institute of Finance and received NYSE certification. Log on to www.CFIINC.com to view cfi's future plan and current acquisition activities. Overview CFI Mortgage, Inc. (the “Company”) is a financial services company headquartered in Clearwater and North Palm Beach, Florida. Providing mortgages and mortgage-related services to individuals indirectly through mortgage brokers and mortgage lenders, CFI originates, processes, underwrites and funds residential mortgage loans that are sold on an individual basis to institutional and private investors. The Company originates loans that do not conform to agency guidelines (non-conforming loans). Non-conforming loans typically fail to meet agency guidelines due to credit impairment, higher loan-to-value ratios and debt-to-income ratios, and are priced to compensate for the additional credit risk. On January 14, 2000, the Company completed the acquisition of controlling interest (65%) in Inventek, Inc., doing business as Surfside Software Systems®, of Clearwater, Florida. Surfside is a leader in the development of advanced software and management solutions for the transportation industry. Surfside’s flagship product, TranWare™, offers modules for order processing, scheduling and dispatch, driver cashiering, account billing/receivables, fleet vehicle maintenance as well as mobile-data dispatch and automatic vehicle location using utilizing GPS. The TranWare software suite offers management tools for the many types of transportation businesses, including trucking, non-emergency medical courier, taxi, limousine and premium sedan. It also provides on-site training and configuration services as well as 24-hour customer service for its clients. Recent acquisitions are transforming CFI from a traditional mortgage company into a broad, technology-based consumer finance company serving the national and international markets. This transformation is a result of the focus on offering customers a diversified, integrated product line and comprehensive marketing services utilizing state-of-the-art technologies and top-of-the-line customer service. As CFI continues to diversify its product offering, it also intends to capitalize on two major trends: wireless communications and Internet capabilities. The Company is continuing to work with leading companies in this industry to create new interfaces to serve its growing customer base. CFI's Competitive Advantages CFI offers a wide variety of competitive advantages to its customers including software business solutions skill set, cutting-edge technology, visionary management, strategic acquisitions and strategic alliances. With the acquisition of Surfside Software Systems, the company is in the business of providing PC-based, DOS and WINDOWS 95 solutions, under the name TranWare to the taxi, courier, paratransit, shuttle and limousine industries. TranWare consists of the following products: dispatch management, scheduling and reservations, account billing/accounts receivable, driver cashiering/shifting, insurance claims management and vehicle maintenance. It interfaces with a number of different wireless technologies as well as stand-alone financial products. Surfside provides the base products, customization, product support and product training. Substantially all Surfside Software customers subscribe to Company’s service and support programs, which provide ongoing product and, where applicable, updates. The Company’s cost structure is relatively fixed and the cost of generating, in aggregate, does not vary significantly with changes in revenue. As a result, the company typically generates significantly greater profit margins from incremental sales once fixed costs are covered. CFI's Expansion Strategy To respond to the exploding growth of Internet-based communications, CFI will expand its products and services worldwide to include the broker community as well as other niche markets. Through strategic partnerships, CFI will diversify to offer solutions to benefit domestic and international customers. Learn more about: Recent Corporate Activities SEC Filings Future Focus The acquisition of Surfside Software Systems represents a significant milestone in the Company’s history. The transaction is an important step in fulfilling CFI’s goal of becoming a diversified eCommerce financial services company with a 50 state lending capabilities. The market is quickly realizing that the success of eBusiness depends on world-class service being delivered to online customers at every stage, along with measurable ROI for the company. Due to the synergies gained from the acquisition, CFI will be able to develop an integrated software suite that manages all of the essential contact points with on-line customer, in both business-to-business, and business-to-consumer environments, and will set a new standard for eService. Our goal 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. This document may contain forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks. CFI Mortgage Inc. undertakes no obligation to review or confirm expectations or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. http://www.pinksheets.com/quote/quote.jsp?symbol=CFIM