LION, Inc. Announces Mortgage101.com 4th Quarter 2003 Service Awards Three Mortgage Companies Honored for Online Customer Service Excellence SEATTLE, Feb. 13 /PRNewswire-FirstCall/ -- Mortgage101.com, LION, Inc.'s leading consumer portal for educating online consumers about the mortgage process, announces their 4th Quarter 2003 Service Awards. Mortgage101.com is committed to delivering quality customer service to its online visitors and the Quarterly Service Awards are presented to the mortgage companies that represent this commitment to customer service excellence during the mortgage application process. The 4th Quarter 2003 Service Award honorees are Benchmark Mortgage of McKinney, Texas, Northeast Mortgage of Winooski, Vermont and Your BestRate Financial of Atlanta, GA. The selection of these companies was based on completed consumer satisfaction survey results compiled between October 1, 2003 and December 31, 2003. Shirley Lane, Branch President of Benchmark Mortgage states, "What sets us apart from all others is that we really concentrate on customer service and offering the clients the best rate possible. We do not undercut, nor do we try to make a large amount on any one client. It's all about fairness and business ethics. It is important that we provide the industry expertise to assist clients in making the right choice in perhaps the most important financial decision of their lives." "Your Best Rate Financial is a direct lender," states Jeff Cutler, President and CEO of Your Best Rate Financial. "The loan file never leaves our office from origination to document preparation. All operations are centralized in one corporate environment in Atlanta, GA. This results in providing consumers with a great low cost source of origination for their home financing needs." With over 1 million unique visitors in the 4th quarter, Mortgage101.com continues to be one of the most popular consumer mortgage web sites. Mortgage101.com focuses on mortgage education, real-time interest rates, financial tools, and a growing network of mortgage companies that are willing to help consumers find the best program and rate for their real estate financing needs. "The internet has significantly increased the size of our market, allowing us to operate more efficiently and therefore pass the reduction in marketing costs to our clients," says Steve Coon, President of Northeast Mortgage. "Our primary goal is to exceed client expectations and develop lifetime client relationships. We operate with 100% commitment to customer satisfaction." For more information regarding the Mortgage101 Service Awards, visit http://www.mortgage101.com/ServiceAwards.asp About the 4th Quarter Service Award Winners: The Benchmark Mortgage branch located in McKinney, TX offers home loan financing for consumers in the Dallas-Ft. Worth area. For more information, visit http://www.txhomeloans.net/. Northeast Mortgage was established in 1999 and is located in Winooski, VT. Northeast offers professional home financing services in Massachusetts, New Hampshire, Florida, Connecticut, Rhode Island, Maine and Vermont. For more information, visit http://www.ne-mortgage.com/. Your Best Rate Financial was established in 1994. They offer home loan mortgage financing in the following states: AL, AR, CO, FL, GA, IA, IN, ME, NC, ND, NE, NM, NV, OK, SC, SD, TN and UT. For more information, visit http://www.yourbestrate.net/. LION, Inc. is a leading provider of advanced business solutions that streamline the mortgage loan fulfillment process in the over $2 trillion mortgage industry. From Leads to Loans to Capital Markets, LION Inc. offers consistent, seamless business solutions to consumers, brokers, realtors, originators and lenders through an integrated platform that delivers online loan productivity, mortgage pipeline hedging and risk management and data communications tools. Mortgage101.com is LION Inc.'s leading consumer portal specializing in educating online consumers about the mortgage process and connecting them with the best rates, programs, and local mortgage companies. Over 1 million consumers accessed Mortgage101.com in the 4th quarter, connecting them to an online network of over 600 mortgage companies. The Mortgage101.com network includes over 31,000 affiliate sites that deliver mortgage information, calculators and real-time rates with their own "look and feel." For more information, please visit http://www.mortgage101.com/. LION, Inc. offerings include: Mortgage101.com (LION's consumer portal), Lioninc.com (LION's broker portal), Retail Website solutions, LockPoint Xtra (loan search and management software) and Pipeline Tools (risk management tools). LION, Inc., has offices in Washington, California and Colorado. For more information, visit http://www.lioninc.com/. This press release contains forward-looking statements that involve risks and uncertainties concerning our expected performance (as described without limitation in the quotations from current management in this release). Actual results may differ materially from the results predicted and reported results should not be considered as an indication of our future performance. We believe that these potential risks and uncertainties include, without limitation: our substantial dependence on mortgage brokers and the mortgage broker industry; mortgage market trends; interest rate changes; housing and consumer trends effecting home purchases; the management of our potential growth; risks of new business areas and new Internet technology; joint-marketing and sales agreements; our need for additional financing; our ability to attract and retain high quality employees; changes in the overall economy and in technology; and the number and size of our Internet competitors. Statements in this release should be evaluated in light of these important factors. All information set forth in this release is as of February 13, 2004, and LION undertakes no duty to update this information. More information about these and other important factors that could affect our business and financial results is included in our Annual Report on Form 10-KSB for the fiscal year ended December 31, 2002, including (without limitation) under the captions, "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations", which is on file with the Securities and Exchange Commission. Additional information may also be set forth in those sections in our quarterly reports on Form 10-QSB previously filed with the Securities and Exchange Commission. DATASOURCE: LION, Inc. CONTACT: Dave Stedman, President of LION, Inc., 1-800-546-6463 Web site: http://www.yourbestrate.net/ Web site: http://www.ne-mortgage.com/ Web site: http://www.txhomeloans.net/ Web site: http://www.mortgage101.com/ Web site: http://www.lioninc.com/

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