AFFINITY TECHNOLOGY GROUP RECEIVES ANOTHER U.S. PATENT & TRADEMARK OFFICE ACTION ON THE REEXAMINATION OF ONE OF ITS PATENTS

Columbia, SC, February 2, 2001- Affinity Technology Group, Inc. (Nasdaq: AFFI) which previously announced that it was in a reexamination proceeding with the U.S. Patent & Trademark Office on its first issued patent, today announced that the Company has received another preliminary office action from the U.S. Patent & Trademark Office. The office action is another preliminary rejection of the previously issued claims covering automated loan processing. Such action relates solely to the first patent covering automated loan processing and is not a final decision by the U.S. Patent & Trademark Office. The Company will have an opportunity to respond to the office action prior to any final action by the patent office.

"As we have stated previously, given the broad scope of our first patent, we expected a challenge and we are engaging in a vigorous defense of the previously issued claims. Further, while we hope the issues can be resolved in a favorable manner in the reexamination process, we intend to appeal any final decision that attempts to substantially limit our rights granted under the patent," said Joe Boyle, Affinity's President and Chief Executive Officer.

The Company has other patents covering automated loan processing, the automated establishment of a financial account, and the issuance of insurance from a kiosk, and has other patent applications pending. "We find it difficult to be patient considering the length of time the reexamination has taken, but we are doing everything in our power to move the process along," Mr. Boyle said.


About Affinity Technology Group

Affinity's technology enables financial institutions to link their branches, call centers, Internet customers, and indirect agents electronically to their credit departments, providing fully automated lending - and, if necessary, connectivity to a loan officer - through every channel. For financial institutions, Affinity's solutions expedite loan decisioning and processing and increase productivity and capacity of branch personnel, call center agents, loan officers, and indirect agents, while improving the overall customer experience. Affinity is located on the World Wide Web at www.affi.net.

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Forward-looking statements in this news release, including statements regarding the Company's patents, both those granted and pending, and the coverage of any patents that have been or may be issued to the Company, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements involve risks and uncertainties, including those related to the proprietary and other rights of third parties who may challenge the Company's patents, general economic conditions, delays and risks associated with the development of new technologies, consumer and industry acceptance of automated delivery channels, and regulatory risks, that may cause actual results to differ materially from those projected. Further, although the U.S. Patent & Trademark Office has issued patents for certain claims covered by the Company's patent applications, such action is subject to challenge by third parties, and no assurance can be given that the U.S. Patent & Trademark Office will not take action to reject any or all previously issued or pending patent claims by the Company, or that any patents that have been or may be issued to the Company will have any commercial value.

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