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FOR IMMEDIATE RELEASE
Contact: Joe Boyle
Chief Executive Officer
803-758-2528
AFFINITY TECHNOLOGY
GROUP ANNOUNCES APPOINTMENT
OF NEW BOARD CHAIRMAN
Columbia, SC, March 13, 2001
- Affinity Technology Group, Inc. (OTCBB: Affi) today announced
that Joseph A. Boyle has been appointed as Chairman of the Board
of the company. Mr. Boyle will replace Alan Fishman, who resigned
as Chairman to become President and Chief Executive Officer of a
community bank in Brooklyn, New York. Mr. Fishman will continue
to serve on the company's Board of Directors.
Mr. Boyle has served as the company's President
and Chief Executive Officer since January 10, 2000, and has served
as the company's Chief Financial Officer since September of 1996.
Mr. Boyle also served as a Senior Vice President of the company
from September 1996 to January 2000 and has previously served as
Secretary and Treasurer of the company.
About Affinity Technology Group, Inc.
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 are made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. Investors
are cautioned that these statements involve several risks and uncertainties
that may cause actual results to differ materially from those projected.
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