Web-enabled transaction and risk management tools streamline the credit decision-making process

- Capital Stream, Inc. (formerly System 1 Software), an e-commerce provider of services and applications for the global business finance industry, today announced the release of System 1 CenterPoint 2.0. Designed to work in conjunction with CapitalStream.com, CenterPoint offers an enterprise solution for streamlining credit decision-making and workflow. This integration allows for a fluid and efficient flow of information between business partners in the financial supply chain via the web, saving brokers and funding sources time, while generating increased revenues and transactions.

>With CenterPoint 2.0 customers can automate the entire financing process using services designed to take the application process online. These services include information links to business-decision organizations such as Fair Isaac, Dun and Bradstreet, Vertex and UCC filing services, which allow the user to process personal and business credit scoring, as well as tax information, with the click of a mouse. This electronic interface with third-party credit services simplifies credit and risk management while automating the cumbersome process of credit information collection.

"With CapitalStream.com and CenterPoint 2.0, our customers will be able to provide real-time credit decisions and give immediate details such as rates, taxes and schedules," said Stephen Campbell, CapitalStream president and CEO. "In the age of the Internet this is crucial for improving customer service and building a foundation for long-term business relationships."

In addition to the synchronization of information to and from CapitalStream.com, CenterPoint allows for integration with major legacy systems, eliminating multiple data entry and allowing easy access to information from the customer's desktop. CenterPoint users can access databases from any location utilizing the Internet, and store detailed information on an unlimited number of contacts. With a specialized toolbar and desktop Internet connectivity, virtually any type of file can be stored and sent, from spreadsheets to images to graphics.

CenterPoint 2.0 provides several upgrades from the previous 1.3 version, including:

• MasterLease - the ability to attach a master lease to multiple schedules
• Quick Search - the capability for the end user to type in a letter and pull up company or contact lists without going through multiple menus.
• Copy Functionality - enables the end user to copy schedules, equipment information and other lengthy processes, without having to re-key all the information manually. This becomes even more valuable with multiple locations and multiple pieces of equipment.
• Vertex Link - available with DCOM, this feature supplies the user with tax information relating to office or equipment location and calculates taxable and non-taxable items.
• Dun & Bradstreet Link - supplies customers with business credit reports and information.
• Schedule and Equipment Screen Redesign - modification of existing screens to accommodate tax information and calculations associated with tax.

CenterPoint 2.0 is available on a subscription basis, providing customers with a full-service solution that increases business volume by streamlining processes, without a large upfront investment.

Seattle-based CapitalStream offers end-to-end e-commerce marketplace solutions—including customer management tools, workflow automation and an online transaction network—for the global business finance market. The company’s e-commerce network, CapitalStream.com, provides an infrastructure for financing companies, manufacturers and B2B e-commerce firms to capture, grow and service customers. CapitalStream has been an established industry leader for five years, and in 1999, its 600 customers used CapitalStream products to facilitate $8.5 billion in transaction volume.

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

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