CFI Mortgage Inc. (fka CFIM)

[Kama]

Largest Single User Contract in Excess Of $275,000. CFI Mortgage, Inc. Subsidiary, Surfside Software Systems, Inc., Has Received.

CLEARWATER, Fla., May 1, 2001 (BUSINESS WIRE) -- CFI Mortgage, Inc. (OTCBB:CFIM) announced today that its subsidiary, Surfside Software Systems,Inc., received a contract in excess of $275,000 from a northeastern transportation company that wishes to remain anonymous in order to benefit from this competitive edge. The installation will be done using the hardware capabilities of CES Wireless Communications of Winter Park, FL, a leader in mobile data communications for the concrete delivery industry.

Steven Furniss, Vice President of Software Development for CFI, stated: "In working with CES we have determined that our software, TranWare(TM), has a much greater market appeal than just the taxi and livery industries, for which it was developed. Surfside now intends to direct its sales efforts to all areas of the multi-billion dollar ground transportation industry."

The project installation is scheduled for five months and should be completed by October 1, 2001. "Once the initial system is installed, the same client is looking to expand our service to other areas," said Jim Furniss, Co-Founder and
Vice President of Surfside. "The acceptance of our TranWare(TM) software in the marketplace indicates that we should be receiving additional contracts in the future and we have only just begun to show the type of products Surfside has the
ability to produce," he added. "We are very pleased that Surfside is starting to roll out its software products and its acceptance is proven by the number of contracts that are now being received," said Stephen E. Williams, Chairman, President and CEO of CFI Mortgage, Inc., who added, "Expanding our sales and marketing into other areas of transportation will prove the true value of our custom software products and should drive additional profits to the bottom line."

CFI provides mortgage services through a large network of mortgage brokers and financial professionals. CFI's goal, through acquisition and internal growth, is to be a diversified leader creating custom software that provides technology-based business solutions for the national and international marketplace, as well as a leader in the mortgage industry. For more
information on CFI please visit the Company web site at www.cfiinc.com or that of Responsive Research at ww.responsiveresearch.com where you can subscribe, free of charge, to its mailing list for press releases, investor updates and market letters, which will keep you apprised of all late breaking CFI news.

This release 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.


CONTACT: Responsive Research, Inc., Coconut Creek, Fla.
Richard C. Winkel, 954/977-8699
[e-mail]
or
CFI Mortgage, Inc., Clearwater
Marlene Noren, 727/674-1010
[e-mail]

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