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CompuOffice Software Inc. enhances the Mortgage, Investment and Loan Analysis module in LifeGuide

June 24, 2008 RICHMOND HILL, ONTARIO -- CompuOffice Software Inc. is pleased to announce further enhancements to the Mortgage, Investment and Loan Analysis module of the LifeGuide Professional Software with the addition of several additional functions. Among others, the enhancements include the addition of Reverse Mortgage analysis, along with added capabilities relating to Variable Rate Mortgages and loans.

“Reverse Mortgages are being advertised to consumers, and particularly to the elderly, in both Canada and the US. Consideration of a Reverse Mortgage is a serious matter, and consumers should seek qualified independent financial and legal advice before entering into such a scheme” said Ami Maishlish, VP, Insurance & Financial Software of CompuOffice Software Inc. “Proper and thorough investigation of the financial and other consequences of a Reverse Mortgage, along with other, and potentially less costly alternatives that may be available, is an absolute must for anyone considering a Reverse Mortgage”, added Maishlish.

On the subject of Variable Rate Mortgages, Maishlish noted that lenders may appear to offer lower stated annual interest rates for Variable Rate Mortgages; however, “Canadian consumers should be cognizant of the compounding frequency and the resultant effective interest rate, along with the possibility of rising interest and other costs during the term of the loan”. The enhancements to LifeGuide’s Mortgage, Investment and Loans Analysis module are also designed to provide for analysis of various added “what if” scenarios related to Variable Rate Mortgages and loans as well as to conventional “fixed rate” mortgages and loans.

The Mortgage, Investment and Loans Analysis module is included with the LifeGuide Professional Software at no additional cost. Over 7,000 leading insurance and financial professionals in Canada enjoy the numerous benefits and the significant consumer service and competitive advantages available only with the LifeGuide Professional Software.

CompuOffice Software Inc. is a widely recognized leader in the design and production of professional software for the financial services sector. For more information, visit www.compuoffice.com