March 19, 2009 9:00 ET

SBA & USDA Secondary Market Exchange GovGex.com Launches Independent Pricing Service™

SAN DIEGO, CA--(Marketwire - March 19, 2009) - Edgeware Analytics, Inc., provider of BizLX.com™, the Small Business Loan Exchange™, announced today the launch of the GovGex Independent Pricing Service™. The GovGex Independent Pricing Service provides subscribers with actual bids as seen on GovGex.com, the only open exchange for government guaranteed loans. GovGex Independent Pricing Service provides the loan structure and high bid on transactions while maintaining strict confidentiality and protecting all buyer, seller and identifying loan details. Subscribers receive transaction information detailing the high premium and par bid, as well as the guarantee amount, rate, maturity and reset.

With more than 20 buyers, including all leading broker-dealers registered to assemble SBA pool securities and direct investors, GovGex.com continues to add buyers, increasing potential for more bids and higher premiums for sellers facing liquidity challenges. Now, through transparent access to deal structure and pricing information from the growing network of buyers, lenders have access to a powerful tool to help structure new loans according to what the market values on a day-to-day basis.

"I've been in SBA lending for more than 27 years and it's always been difficult to know with accuracy where loans are trading in the SBA secondary market," said Charlie Bell, CEO and President of American Business Lending, Inc. "We've been considering moving to a LIBOR based loan structure since December, reviewing options which will earn us higher premiums in the secondary market. GovGex Independent Pricing Service now provides us with actual prices and transactions in the market -- letting us base our decisions on real data rather than guess-work."

"American Business Lending is a leader in SBA lending and an active participant in the secondary market," said Dan Shoham, CEO of Edgeware Analytics. "We're pleased to have American Business Lending leveraging the GovGex Independent Pricing Service to make more informed and profitable lending decisions. They understand the power of information and how it can directly add to the bottom line. For example, in a recent day GovGex had a deal receiving bids at 102 -- and another deal with very similar terms -- except one variable -- yielding bids north of 105 -- GovGex Independent Pricing Service uncovers what bidders value."

"The GovGex service is an innovative and a pretty cool and efficient way for lenders sell their loans." said Bob Coleman, noted small business finance expert and publisher of "The Coleman Report." "The transparency of being able to access sale price information definitely increases lender profitability."

GovGex Independent Pricing Service subscribers also gain access to GovGex premium features such as reporting capabilities and unlimited archive of historical transactions. GovGex Independent Pricing Service empowers lenders to make more profitable loans while fulfilling the fiduciary duty to connect with as many buyers as possible.

For more information on the GovGex.com Independent Pricing Services, visit https://www.govgex.com/premium.php

Edgeware Analytics, Inc. provides a comprehensive suite of technology products and services to the small business lending marketplace. The company's Small Business Loan Exchange™, BizLX.com™, utilizes powerful analytics to transparently match a broad array of lending marketplace participants including business borrowers, aggregators such as franchisors and business brokers, lenders, secondary market funding sources, and vendors to small businesses. Elements of the Small Business Loan Exchange include SBLX™ connecting business borrowers with lenders, GovGex.com™ connecting sellers and buyers of government guaranteed loans, and ScoreEdge™ creditworthiness scoring model used by national lenders, certified development companies, credit unions and community banks. Additional information can be found at www.BizLX.com

Media contact:
Brian O'Boyle
Edgeware Analytics
boboyle@govgex.com
617-381-4906