Released on: June 2, 2008, 10:30 am

Press Release Author: Dan Mahoney / Integrated Asset Services

Industry: Financial

Press Release Summary: Leading Indicator's April Data Shows Bright Spots in Housing
Market

Press Release Body: DENVER, CO, June 2, 2008 - Integrated Asset Services, LLC (IAS),
a leader in default management and residential collateral valuation, today launched
its highly anticipated, monthly-reported IAS360 House Price Index. The new Index
represents the industry's first clear representation of U.S. Housing market trends
at a county level. In its first release, IAS360 House Price Index April data shows
that while many areas of the country are still feeling the pinch of the credit
crunch there are measurable improvements in some of the nation's hardest-hit areas.

The new IAS360 House Price Index is a comprehensive housing index tracking monthly
change in the median sales price of detached single-family residences in more than
15,000 "neighborhoods" across the U.S. This data is then rolled up to report on the
changes in 360 counties, nine census divisions, four regions, and the nation
overall. The timeliness of the data, which is based on all arms-length transactions
occurring in underlying neighborhoods, makes the IAS360 the leading indicator for
housing price trends in the U.S.

"Given the granularity, the methodology, and the timely monthly reporting of the
IAS360, we are able to provide the market with early warning signs on housing price
trends," said David McCarthy, President and CEO of IAS. "When the housing markets
are rosy, a 50,000 foot view may be acceptable. But when we are facing tumultuous
markets, we need to go deeper to understand what is truly going on to make smart
decisions."

The IAS360 April data demonstrates the significance of this granular approach to
housing price analysis. Data through the end of the month shows improvement in some
of the most depressed areas of the country, even while others that have been
somewhat sheltered from the credit crisis are just beginning to feel its impact (see
chart below). On a national level, the housing picture is still challenging, with
April year-over-year sales declining -9.72% overall; sales declined -1.82% on top of
a .04% drop the previous month.

But at the same time, the picture at the regional level is far more encouraging--the
Northeast and the Southern regions moved to the black in April while the Midwest
region rebounded nicely with a 5.90% gain in median sales price. The Western region,
meanwhile, was the hardest hit, witnessing a 5% drop in home sales in April coming
off of a 5% increase the previous month.

Contact Dan Mahoney at dmahoney@csg-pr.com to request the IAS360 April data.

"The key is that the generalized view of the market being reported in the news today
doesn't paint the full picture for consumers and investors," continued McCarthy.
"The residential real estate market is a local phenomenon and it is important to
analyze it as such. Looking at the more granular data provided by the IAS360
actually demonstrates pockets of opportunity."

According to recently released data from S&P/Case-Shiller, Las Vegas continues to
share the distinction of being one of the weakest markets over the past 12 months
through February on a macro level. However, the IAS360 shows two months of
consecutive improvement in housing prices in Las Vegas' Clark County, one of the
largest counties in Nevada.

Additionally, Arapahoe County in Colorado posted a 1.38% increase for the month of
April, despite a year-over-year decline of -9.30%. During the same time period
Riverside County, California and Maricopa County, Arizona have begun to show signs
of leveling off after experiencing double-digit declines in year-over-year housing
prices.

Contact Dan Mahoney at dmahoney@csg-pr.com to request this chart.

"The market is truly segmented at every level, the region, the county, and down to
an individual neighborhood. An index that can truly show pricing at the
neighborhood level for most of the nation is a very promising and timely
development," said Steve Murray, editor at Real Trends. "The IAS360 index is a
significant step forward for those following the housing market."

Moving forward, the new IAS360 House Price Index will be reported on a monthly
basis. The next analysis covering housing trends from May data will be released
during the first week of July.

Editor's Note: Regionalized data and charts are available. For more detailed
analysis and visual support for stories, please contact:
Dan Mahoney
970-405-8060
dmahoney@csg-pr.com

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.



About Integrated Asset Services, LLC.

IAS 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. For more information, visit
the company's Web site at www.iasreo.com.


###


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.aspx

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