PRESS RELEASE

Associated Software Consultants
Successfully Completes SAS 70 Audit

MIDDLEBURG HEIGHTS, OH, August 27, 2008 - Associated Software Consultants, Inc. (ASC), a leading provider of loan automation and secondary marketing software solutions, announced today the successful completion of its 2008 SAS 70 audit. Developed by the American Institute of Certified Public Accountants (AICPA), the SAS 70 audit is an independent, in-depth examination of a service organization’s environmental, processing and information security controls.

SAS 70 requires detailed descriptions of the control processes in place within an organization and satisfactory testing of those controls. In accordance with the audit, ASC updated its internal Security and Control Policies/Standards Manual. The detailed procedure manual covers a variety of key control areas, including access security and password control; controls for receiving customer data; physical premises security; antivirus measures; and disaster recovery and business continuity plans.

“While ASC is not a typical service company that hosts customer data or performs batch processing, the company does on occasion access live consumer data for testing purposes, which poses a similar risk,” said Tim Liston, president of ASC. “As such, we have designed and implemented many safeguards and procedures to protect consumer information. Our completion of the SAS 70 audit provides our clients with independent validation of the of internal controls and operational effectiveness we have in place to keep data secure.”

About ASC
Associated Software Consultants, Inc. (ASC) designs and markets loan automation and secondary marketing software for use by mortgage banks, commercial banks, community banks and credit unions. ASC’s business strategy focuses on providing software and support services that enable lenders to improve the volume and quality of their business, streamline workflow and reduce costs. The company’s lending solutions enhance primary and secondary mortgage operations, improve overall profitability and better serve borrowers and other constituents.

For additional information about ASC, visit the company’s Web site at www.asconline.com.

Associated Software Consultants, Inc.
7251 Engle Road Suite 300
Middleburg Heights, Ohio
800-628-4687
www.asconline.com info@asconline.com