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FICS Featured on Mortgage Technology Magazine’s Top 25 Vendors List for 2006

DALLAS, June 12, 2006 – Financial Industry Computer Systems, Inc. ( FICS), a mortgage technology specialist that provides in-house residential origination and servicing technology and commercial servicing technology to the mortgage industry, was recognized as one of the “best and brightest mortgage technology vendors” by Mortgage Technology magazine in its May issue’s Top 25 Vendors listing.

Traditionally, Mortgage Technology has annually announced its Top 100 Technology Vendors, and FICS has been included in each of those yearly listings. This year, the publication narrowed the focus of its listing (and increased the level of competition to be included) from the Top 100 to highlight only the top 25 vendors that license technology and the top 25 service providers. According to the publication, this year’s selections were made based on vendors’ excellence in terms of “customer satisfaction, functionality, market share and viable revenue model.”

“Mortgage Technology represents one of the luminaries in our industry in terms of journalistic coverage and information and to be included again in its Top Vendors list is something that all of us at FICS take a great deal of pride in,” said Dawn Gibbs, president and CEO of FICS. “While we appreciate the recognition and prestige associated with this honor, I feel compelled to add that this is something that we share equally with our customers as it is their input and support that has enabled us to continue to provide the high level of service and innovation of product that is common among the vendors listed beside us.”

About FICS

Founded in 1983 and headquartered in Dallas, Texas, Financial Industry Computer Systems, Inc. (FICS), specializes in providing flexible, comprehensive residential and commercial technology solutions to the mortgage industry. FICS' systems are designed for Microsoft® Windows® with the most recent solutions using .NET framework that include a rich Windows® Presentation Foundation user interface and multi-tiered shareable services. The company also provides innovative document management and web-based capabilities into its full suite of products. Additional information about FICS is available via the company's website at www.FICS.com.

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