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Ivory Consulting Corporation and CapitalStream Announce Strategic Partnership

Ivory's SuperTRUMP Pricing Engine Helps CapitalStream Create Increased Flexibility and Efficiency for Shared Customer, Siemens Financial Services, Inc.


Walnut Creek Calif., and Seattle–June 26, 2001
–Ivory Consulting Corporation (www.ivorycc.com), a provider of state-of-the-art lease analysis software SuperTRUMP for the leasing industry and CapitalStream (www.capitalstream.com), provider of credit origination and workflow automation solutions for the financial services industry, announced today the integration of their respective solutions.

CapitalStream's use of Ivory's pricing engine enables customers like Siemens Financial Services, Inc. (SFS)(www.siemensfinancial.com) the ability to obtain pricing quotes for customers and/or sales representatives in less time right at their desktops. This seamless integration of the companies' technologies creates more flexibility and efficiency with standard and customized quoting, and facilitates SFS's workflow management.

SuperTRUMP performs financial analysis and optimization for true lease, loan and lease vs. purchase evaluations. It quickly and accurately calculates taxes, accounting entries, and cash flows in investments ranging from simple single-investor leases, operating leases, and straightforward loans to highly structured leveraged leases.

As a result of CapitalStream/Ivory partnership, SFS can create custom quote requests and send directly to customers' pricing analysts desktop. This collaboration allows greater flexibility and efficiency equaling more deals in less time.

"By design, SuperTRUMP allows us to provide a pricing engine that works seamlessly with CapitalStream's workflow automation," said Ivory's President, Christian Ivory. "This gives our customers the ability to quickly and easily facilitate customized quoting from the convenience of their desktop. The time savings ultimately boosts SFS' bottom line."

Robert Mercogliano, Siemens Financial Services Vice President of Asset Management and Pricing said, "With CapitalStream we can now accommodate standard quotes in less than 15 seconds. Thanks to the integration of CapitalStream and SuperTRUMP, SFS will now accommodate custom quotes much more quickly saving us additional time and money."

"Ultimately, our end goal is to help companies like SFS save time and money," said Steven Campbell, CapitalStream's president and CEO. "This partnership represents the future of where the commercial finance industry is heading-in a swifter and more flexible direction-and CapitalStream and Ivory Consulting are proud to be leading the way."

SFS has been using CapitalStream - FinanceCenter since November of last year to streamline its financing processes and increase service to its partners and vendors. SFS plans to advance its e-commerce initiatives in the U.S. by using CapitalStream's hosted infrastructure. An affiliate of Siemens AG (Munich, Germany), SFS offers customized financial solutions for industrial companies, service providers and public contractors.

About Ivory Consulting Corporation

Since 1983, Ivory Consulting Corporation has provided state of the art lease analysis software for the leasing industry. SuperTRUMP was the first PC based analysis model to provide portfolio analysis and linear programming optimization and provides connectivity for automating workflow management. Over 2,000 people in more than 150 companies use the Walnut Creek, California-based company's software. Ivory's customers are among the world's leaders in finance and leasing-from banks to captives, to independent lessors, and lessees.

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