Myers celebrates 10-year anniversary
Creates next generation technology to revolutionize web sites

San Jose, California, April 18, 2005 - Myers Internet, Inc., a leading provider of technology and marketing solutions to the mortgage industry is now 10 years old! Myers was founded by online mortgage pioneers Warren Myer and Lovina Worick. Lovina originated the first online mortgage using Internet newsgroups in August 1992 and Warren setup the first mortgage website in April 1994.

Warren Myer, an Indian immigrant, came to the US in 1984 with less than $500. After obtaining his MS in computer science from the U. of Delaware and his MBA in Finance from the U. of Chicago, Myer worked in engineering and sales positions for leading computer companies. Myer started his mortgage brokerage company after being laid off in 1992.

Lovina Worick and Warren Myer worked together in the mortgage business in 1992. They joined forces again to start the first mortgage website hosting company in 1995. Today Myers Internet is the dominant provider of websites to mortgage originators, hosting over 5,000 mortgage websites with an estimated 40% market share.

"I am especially proud of the fact that we have helped so many mortgage originators grow from small shops into large nationwide lenders" says Ms. Worick. "At Myers, our focus has always been on helping mortgage originators do what they do - faster and better. With the onset of the Internet - we watched broker's margins shrink and knew that brokers would have to either increase production or decrease the time spent on each loan. This is where the web came into the picture."

"We have been working on our next generation technology to dramatically improve mortgage and real estate web sites. In Nov 2004 we released Webbuilder 2.0 to the real estate industry and our sales doubled immediately. In June 2005, we will be releasing Webbuilder 3.0 to the mortgage industry. We believe that Webbuilder 3.0 will help us increase our market share from 40% to 60% in the next 2 years." said Myer.

"As part of our 10 year anniversary celebration, we will be providing Webbuilder 3.0 to our clients as a free upgrade. Webbuilder 3.0 was created to allow our clients to make instantaneous updates to their sites. Most of our high end products already allow for this - now our websites will too." said Ms. Worick.

About Myers Internet, Inc.

Myers Internet, Inc. is the leading provider of website and backoffice technology to the mortgage and real estate industries. Myers has been ranked as one of the top 50 fastest growing companies for the past two years by the San Jose Silicon Valley Business Journal. Using Myers' proprietary web building technology, originators and real estate agents can build a state-of-the-art customized web site in minutes. Myers' OriginatorNetwork enables originators to customize their website, manage their leads, shop wholesale rates and order settlement services - resulting in faster processing and reduced costs. Myers' AgentCenter enables real estate agents to customize their web sites, post listings and manage their leads. For more information, visit www.myers.com.

CONTACT: Warren Myer
Myers Internet, Inc.
wmyer@myers.com
(408) 321-5417