Released on: September 9, 2008, 9:13 am

Press Release Author: Dan Mahoney / Integrated Asset Services

Industry: Real Estate

Press Release Summary: The monthly report, which includes the most current and
granular data available in the industry, showed a 0.9% appreciation in house prices
on a national level in July, and a -11.4% decline from July 2007 to July 2008.

Press Release Body: DENVER, CO, September 9, 2008 — Integrated Asset Services, LLC
(IAS, www.iasreo.com), a leader in default management and residential collateral
valuation, today released its IAS360 House Price Index for July 2008. The monthly
report, which includes the most current and granular data available in the industry,
showed a 0.9% appreciation in house prices on a national level in July, and a -11.4%
decline from July 2007 to July 2008.

The IAS360 House Price Index is a comprehensive housing index tracking monthly
change in the median sales price of detached single-family residences across the
U.S. The index, based on all arms-length transactions, tracks data at a
“neighborhood” level, which is then rolled up to report on the changes in 360
counties, nine census divisions, four regions, and the nation overall. The IAS360
House Price Index is delivered on a monthly basis.

“The IAS360 HPI is unique in that it’s not a seasonally adjusted or smoothed index,”
says Dave McCarthy, President and CEO of Integrated Asset Services. “This combined
with its timeliness and granularity give lenders, investors and consumers a peek at
the raw changes in home price forecasts from the front lines.”

At the broader census region level, results for July show three out of four U.S.
census regions experiencing gains in house prices, with only the West region
continuing to show a decline. On a year-over-year basis, however, all four census
regions are still posting losses, the most notable being the West, the only region
with a double-digit decline.

Results for the month of July at the Census Division level showed six out of nine
U.S. census divisions posting gains during July, but only two—East North Central,
which posted the largest jump in July, and West South Central, which posted the
largest decline—have appreciated year over year.

IAS also provides “neighborhood” level house price trends through its iMVI product.
More information on iMVI can be found on the IAS website, www.iasreo.com/cs.html.

*Due to the timeliness of the data, the IAS360 House Price Index is subject to
revisions on a monthly basis.

About Integrated Asset Services, LLC.
IAS (www.iasreo.com) is a privately-held Colorado-based corporation specializing in
default mortgage services including valuation, reconciliation and full cycle REO
disposition. The Company’s advanced valuation and volatility technology combined
with its expert professional services help its clients reduce exposure while
expediting the entire asset management process. Founded by REO industry experts,
IAS provides services that go beyond industry expectations; from the level of
integrity of its employees to the measurably better service it routinely provides.

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This press release contains various forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995 regarding future results of
operations and market opportunities that are based on InteliReal and IAS’ current
expectations, assumptions, estimates and projections about the company and its
industry. Investors are cautioned that actual results could differ materially from
those anticipated by the forward-looking statements as a result of the success of
IAS’ branding and consumer awareness campaign and other marketing efforts;
competition from existing and potential competitors; and IAS’s ability to continue
to develop and integrate new products, services and technologies.


Web Site: http://www.iasreo.com/

Contact Details: Dan Mahoney
970-405-8060
dmahoney@csg-pr.com