American Residential Changes Name to AmNet

American Residential Investment Trust Inc., San Diego, has completed its name change to AmNet Mortgage Inc.AmNet is the abbreviated name of its primary operating subsidiary, American Mortgage Network. In addition, the company announced that it plans to move from the American Stock Exchange, where it trades under the symbol INV, to the Nasdaq National Market System. The move is expected to take place in mid-June, at which time the company's ticker symbol will change to AMNT. John M. Robbins, chief executive of AmNet, said the company believes that listing on Nasdaq "will help us attract a broader range of investors through greater visibility." The company can be found on the Web at http://www.amerreit.com.

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