Mar 2009

Mortgagebot Acquires Netupdate from Most Home Corp.

Mequon, WI - Acquisition Further Expands Mortgagebot's Industry-Leading Market Share in Online, Point-of-Sale Mortgage Technology

On the heels of outstanding growth in 2008, MortgagebotĀ® LLC (www.Mortgagebot.com) the industry-leading provider of online, point-of-sale lending technology to the mortgage industry since 1997 announces that it has acquired, through a wholly owned subsidiary, the loan origination software platform operated by NetupdateĀ® Inc. of Bellevue, Wash. and its client base.

Netupdate has been a developer of consumer-direct, point-of-sale mortgage-origination technology since 1999, and was a wholly owned subsidiary of Vancouver, B.C.-based Most Home Corp (OTCBB: MHME), a provider of online customer-service solutions for the mortgage and real-estate industries.

New "Partners" to benefit from exceptional customer care and expanded functionality

"Mortgagebot is the number-one provider of online lending technology to the mortgage industry," said Mr. Scott Happ, President and CEO of Mortgagebot. "Our acquisition of the Netupdate platform unites our clients with those of the number-two provider. It's a great 'win' for both Mortgagebot and our new Netupdate clients."

"We're confident that Netupdate clients will benefit from our business model-which is built not only on providing innovative solutions with exceptional functionality, but also delivering outstanding customer care," stated Mr. Happ. "Because we collaborate so closely with our clients, we call them our 'Partners'; and we're delighted to welcome Netupdate's clients as new Mortgagebot Partners. Our goal is to make their transition into the world of Mortgagebot as smooth, as trouble-free, and as worry-free as possible."

"Most Home is pleased to have Netupdate acquired by Mortgagebot," said Mr. Ken Galpin, CEO of Most Home Corp. "Mortgagebot truly is the market leader, with a world-class reputation for both product innovation and client satisfaction. Netupdate clients are in very good hands with Mortgagebot."With the Netupdate acquisition, Mortgagebot strengthens its client base of banks, thrifts, and credit unions to more than 900 organizations nationwide.