FOR IMMEDIATE RELEASE
Contact: Joe Boyle
Chief Executive Officer
803-758-2528

AFFINITY SHARES TO BE TRADED ON THE NASDAQ SMALLCAP MARKET

Columbia, SC, March 24, 2000 - Affinity Technology Group, Inc. [NASDAQ: AFFI] today announced that its stock will begin trading on The Nasdaq SmallCap Market effective as of the opening of business on March 27, 2000. The decision by The Nasdaq Stock Market to transfer the company from The Nasdaq National Market to The Nasdaq SmallCap Market was made by a panel established by Nasdaq to review the company’s ability to satisfy the continued listing requirements applicable to Nasdaq National Market issuers.

The company’s continued listing on The Nasdaq SmallCap Market is subject to its successful completion of an application and review process. SmallCap issuers must maintain a $1.00 minimum bid price and have minimum net tangible assets of $2 million, a $35 million market capitalization or $500,000 in net income, among other requirements.

Joe Boyle, the company’s President and Chief Executive Officer stated, "Even though we would have preferred to have remained listed on the Nasdaq National Market, our primary goal was to obtain a listing status that would provide a liquid and orderly market for our stock. We do not expect that a transfer to The Nasdaq SmallCap Market will have a significant impact on the trading of our stock."


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, including statements regarding the trading of the company’s stock on The Nasdaq SmallCap Market, 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, including those related to the company’s successful completion of Nasdaq’s application and review process necessary for continued trading on The Nasdaq SmallCap Market and the company’s ability to satisfy Nasdaq’s continued listing requirements for SmallCap issuers, which include a $1.00 minimum bid price requirement. No assurance can be given that the company’s stock will continue to be traded on The Nasdaq SmallCap Market. If the company’s stock is delisted from Nasdaq, trading would thereafter be conducted in the over-the-counter markets, if at all. Consequently, the liquidity of the company's stock would be impaired, not only in the number of securities that could be bought and sold, but also through delays in the timing of transactions and lower or higher prices for the company's common stock than might otherwise be attained. Further, the delisting of the company's stock would have a material adverse effect on the ability of the company to raise capital through the sale of equity securities.

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