Briefs

BOSTON, Mass. � January 12, 2004 � Quadstone, the leading provider of customer analysis software for businesses, today announced a major new client � Flagstar Bancorp, (NYSE: FBC). Headquartered in Troy, Mich., Flagstar is the largest independent banking institution in the state and one of the nation's leading mortgage lenders.

The agreement will enable Flagstar's business managers and analysts to make better and more informed decisions about marketing and risk management.

"Quadstone helps us offer the right products to the right customers at the right time," said Steve Brooks, senior vice president, Flagstar Bancorp. "It makes it possible to pull together large volumes of data from across the bank, analyze it and use it to develop highly targeted products and services."

Brooks also said that Quadstone's robust querying and predictive analytics help the company reduce credit risk and estimate portfolio performance.

For more information, visit www.quadstone.com