Chicago (June 27, 2006) - Initiate Systems, Inc., a leading provider of customer data integration (CDI) software and services for the on-demand enterprise, announced today that Countrywide Financial Corporation (NYSE: CFC), a leading diversified financial services provider, selected Initiate Identity Hub™ software to provide on-demand search and recognition capabilities for its customer data.

"Countrywide is committed to serving its customers with the highest degree of efficiency and quality information," said Tom Baker, Countrywide's Executive Vice President of Enterprise Systems. "The Initiate Systems software will help us enhance the services we provide to our internal business divisions and our customers by ensuring we have accurate and complete information."