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CapitalStream and LeaseForum Form Strategic Alliance to Cross Promote Offerings

Leveraging complementary offerings, the alliance enhances the technical and financial services available to potential customers.


SEATTLE, WA–July 31, 2001
–CapitalStream (www.capitalstream.com), a Seattle-based provider of commercial finance automation technology for banks, financial institutions and manufacturers, today announced a strategic alliance with LeaseForum, Inc. (www.leaseforum.com), a Boston-based lease advisory and asset servicesfirm. CapitalStream and LeaseForum will promote each other’s solutions and expand their market base by joint-selling complementary products and services.

CapitalStream delivers a suite of highly configurable browser-based applications that link workflow, enterprise applications, and legacy systems. CapitalStream – FinanceCenter 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. Simplifying the leasing process, LeaseForum enables companies to dramatically reduce the all-in-cost of leasing by proactively managing each stage of the leasing lifecycle. Combining leasing expertise with a suite of integrated Web-based products, LeaseForum helps companies increase control over their lease portfolio management.

"CapitalStream and LeaseForum bring the benefits of automation technology to commercial finance." Said Stephen Campbell, president and CEO of CapitalStream. By joint-marketing our solutions, we will continue to reduce costs, streamline business processes and make technology available to everyone in our industry.

"Facilitating the leasing process through Web-enabled technology, allows LeaseForum and CapitalStream to optimize our client’s performance." Said Susan Franklin, president and CEO of LeaseForum. "As the focus on improving the leasing process continues to intensify, there are many opportunities for both companies to joint-market our complementary solutions to the industry."

About CapitalStream

Seattle-based CapitalStream automates and streamlines commercial finance processes for banks, finance companies, and manufacturers. CapitalStream – FinanceCenter reduces processing time, lowers costs, and enablescompanies 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 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.

About LeaseForum

Headquartered in Boston’s financial district, LeaseForum is the market leader in end-to-end lease management offering a comprehensive integrated suite of Web-based applications for managing the leasing lifecycle. Providing unsurpassed lease management support, LeaseForum enables clients to dramatically reduce both the direct and indirect cost of lease management.

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

Susan Franklin
LeaseForum Inc.
617-443-9910
ssf@leaseforum.com