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CapitalStream Names New Vice President

Commercial finance automation leader promotes 17-year veteran to lead the sales department.


Seattle – June 6, 2001
– CapitalStream (www.capitalstream.com) announced today the appointment of Tim Stevens to the position of Vice President of Sales. Stevens has an extensive background in commercial finance and business development and brings more than 17 years of direct sales and management experience to the position. Most recently, he served as the director of East Cost Sales for CapitalStream since joining the company in July of 2000.

Stevens joined CapitalStream from GE Capital, where he was responsible for worldwide sourcing, structuring and negotiating of large ticket transportation transactions as the vice president and managing director of Capital Markets and Business Development. His extensive career has included positions with Transamerica Commercial Finance Group and Arthur Anderson.

"As CapitalStream continues to grow rapidly and gain traction, it is essential to have a leader with a deep understanding of the needs of our customers and the challenges that face them in today’s world." Said Stephen Campbell, President and CEO, "Tim is the right person to lead our sales force and drive us to continued success in the future."

Stevens holds a degree in Accounting from the Northeastern Illinois University and MBA form the Kellogg School of Management at Northwestern University. He resides in the Chicago area with his family.

About CapitalStream
Seattle-based CapitalStream strengthens existing business relationships and streamlines transaction workflow through its flexible web infrastructure for commercial finance automation. The company provides finance companies, banks and manufacturers the ability to manage, distribute and automate commercial lease, loan and credit card financing programs for their business customers and associates. CapitalStream, an established industry leader for more than five 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, contact:

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

Scott Battishill
DDB Seattle
206-464-0197
scott.battishill@sea.ddb.com