Nomis Solutions Applauds Dr. Robert Oliver's Induction into The National Academy of Science for Engineering

SAN BRUNO, CA October 17, 2006-- Nomis Solutions, the leader in Profit-based Pricing for banking and finance, today announced that Dr. Robert Oliver, who sits on the company's Board of Advisors, has been inducted into the National Academy of Engineering. Dr. Oliver was recognized for leadership in the development of financial engineering and for the application of operations research to important public problems. Election to the National Academy of Engineering, awarded to 76 inductees, is among the highest professional distinctions accorded to an engineer.

"Bob Oliver is a pioneer in the world of financial engineering and his inclusion into the National Academy of Engineering is a testament to his contributions to the field and his continued involvement with important research," said Dr. Robert L. Phillips, Founder and CTO of Nomis Solutions and author of Pricing and Revenue Optimization. "He has been a key contributor to Nomis Solutions' Board of Advisors since its inception in 2002."

The National Academy of Engineering (NAE) honors those who have made outstanding contributions to engineering research, practice, or education, including, where appropriate, significant contributions to the engineering literature, and to the pioneering of new and developing fields of technology, making major advancements in traditional fields of engineering, or developing/implementing innovative approaches to engineering education.

About Nomis Solutions
Nomis Solutions is the leader in Profit-based Pricing for banking and finance. The Nomis Price Optimization Suite™ is designed for executives whose top priority is to strategically use pricing to increase profitability while maintaining revenue and market share. Because of the unique needs of each banking division, the suite includes specific solutions for the following industries: Direct and Indirect Auto Finance, Home Equity Lending, Personal Loans, Deposits, Mortgage, and Foreign Exchange. Each solution is implemented in 12 weeks, provides valuable insights about the business, and increases profits within three months. All Nomis customers have achieved 10X ROIs. Headquartered in San Bruno, CA, Nomis Solutions has offices in Charlotte, NC, New York, and London, England. Visit www.nomissolutions.com or call 650-588-9800 for more information.

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