CapitalStream, a Seattle-based provider of patent pending commercial finance automation technology for banks, financial institutions and manufacturers today announced the promotion of Jeffrey S. Dirks to the position of Chief Operating Officer. As part of the promotion, Dirks will now oversee CapitalStream’s client services, product management, product development and all other operational responsibilities. Dirks brings more than 15 years of operations management, software engineering and enterprise project management to the position.

"Given the significant growth of our business we have consolidated our key operational elements under Jeff," said Stephen Campbell, president and CEO, CapitalStream. "Jeff’s team is responsible for new product capabilities, implementation, and customer service. His group will strengthen our leadership in providing technology solutions for the lease financing and financial service industries."

Dirks has led product technology at CapitalStream for more than three years, first as Vice President of Product Technology and most recently at Executive Vice President and e-Commerce Operating Officer. He has been integral in the evolution of CapitalStream’s FinanceCenter™ solution, working closely with customers like Bank of America, Merrill Lynch and Siemens Financial Services.

Prior to joining CapitalStream Dirks worked throughout the financial software industry as Vice President of Product Delivery at HK Systems, Vice President of Engineering for Endura Software, and Director of Consulting for FourGen Software as well as working as an engineer for IBM. Dirks earned a Bachelor’s degree in Computer Science from the University of Washington.

Seattle-based CapitalStream automates and streamlines commercial finance processes for banks, finance companies, and manufacturers. CapitalStream – FinanceCenter™, a patent pending technology, reduces processing time, lowers costs, and enables companies to cost effectively take advantage of new business opportunities by automating manual processes for leases, loans, lines of credit, and credit cards. CapitalStream, an established industry leader for more than six years with deep knowledge about the inner workings of the financing world, has helped hundreds of financial organizations increase their competitiveness, customer service and profitability.

For additional information about CapitalStream visit its web site at www.capitalstream.com.

Jennifer Fox
Capital Stream, Inc.
206-548-1651
jenniferf@capitalstream.com

Scott Battishill
DDB Public Relations
(206) 464-0197
scott.battishill@sea.ddb.com