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Press Release

Factual Data Corp. Hires Stifel Nicolaus to Provide Evaluation And Outline Strategic Alternatives

LOVELAND, Colo., May 7 /PRNewswire/ -- Factual Data Corp., (Nasdaq: FDCC news), www.factualdata.com, a leading e-business provider of information solutions to businesses, government sponsored enterprises and individuals nationwide, announced today that its Board of Directors has engaged Stifel, Nicolaus & Company, Incorporated, headquartered in St. Louis with a regional investment banking office in Denver, to evaluate Factual Data and advise the Board as to various strategic options that may be available.

J.H. Donnan, Chairman and Chief Executive Officer of Factual Data, stated, "This action reflects the Board's continuing commitment to maximizing shareholder value. The Company's financial performance has been very strong in recent months and management continues to do a solid job.''

Donnan continued, "The Board has employed Stifel Nicolaus to evaluate different ways to maximize short-term and/or long-term shareholder value. We know that some of our strategic options include continuing to further enhance our operating performance, continuing our acquisition and consolidation plan, continuing to pay down our debt and seeking additional sources of public or private equity financing, seeking out arrangements such as our Experian license or developing industry joint ventures or other corporate combinations."

Jeffrey Galgano, Managing Director of Corporate Finance in Stifel's Denver office, is excited to be working with Factual Data: "Factual Data is a company on the move in the dynamic information services space. We look forward to helping the Board realize its goal of maximizing value to the shareholders."


Stifel Nicolaus is a full-service regional brokerage and investment banking firm providing securities brokerage, investment banking, trading, investment advisory, and related financial services to individual investors, professional money managers, businesses, and municipalities. For more information visit www.stifel.com.

Factual Data Corp. is a Colorado-based e-business provider of information services to the mortgage and consumer lending industries, employers, landlords and other business customers located throughout the United States. The Company markets its services through its website, www.factualdata.com, and nationally through offices located in most major metropolitan areas. Factual Data's common stock and warrants trade on the NASDAQ National Market under the symbols FDCC and FDCCW. For more information visit www.factualdata.com.

"Safe Harbor" Statements under the Private Securities Litigation Reform Act of 1995 - With the exception of historical information, the matters discussed in this press release are forward looking statements that involve a number of risks and uncertainties. The actual future of the Company could differ significantly from those statements. Factors that could cause or contribute to such differences include, but are not limited to, changes in interest rates; the effectiveness of the Company's marketing campaign; the response of the mortgage industry; strength of market demand for the Company's services; the effects of seasonality in the housing market; competition; the success of the Company's consolidation plan; the Company's ability to manage growth; and the Company's ability to successfully develop and market new report services. Please refer to documents that Factual Data Corp. files from time to time with the Securities and Exchange Commission for a discussion of certain factors that could cause actual results to differ materially from those contained in the forward-looking statements.

SOURCE: Factual Data Corp.

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