Press Release

Professional mortgage and loan calculation on Windows Mobile Smartphones.
Mt. Albert, ON – July. 15, 2004 -- Visual Byte Inc., the makers of one of the first and most popular mortgage calculators for the Pocket PC, announced today the release of Mortgage SIM 2.0 for the Windows Mobile Smartphone.

Version 2.0 of Mortgage SIM introduces a number of new and powerful features that allow users to compare mortgage and loan scenarios that are typically hard to compare.
Through the use of “Timeline” amortization tables, this application makes it possible to quickly analyse the impact of changes in rates on variable rate mortgages as well as explore the effects of things like making recurring lump sum payments or accelerating your payment frequency to weekly from monthly.

Providing mobile professionals, like real-estate agents and mortgage brokers, this kind of powerful tool and functionality, will allow them to supply their clients with personal financial advice whenever and wherever they need it. Homebuyers will also be able to use their mobile phone to compare and understand mortgage options while on the go, in the bank, at the lawyers, or while walking through the new house they are thinking of buying.
Pricing and availability

MortgageSIM 2.0 carries the Microsoft Mobile2Market Designed for Windows Mobile logo* and is available for $ 29.99 through a number of online software distributors and direct from the company’s website. Corporations interested in multi-user licenses, volume discounts or branding and customization should contact Visual Byte directly at www.visualbyte.com
About Visual Byte

Founded in 1993, Visual Byte Inc. is a Microsoft Certified Partner specializing in mobility, location and enterprise business solutions on Microsoft platforms from hand-held devices to server-based systems.
Media contact:
Dwayne Lamb
Visual Byte
905 473-4253
mrsheep@visualbyte.com
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Copyright © 2004, Visual Byte Inc.