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CapitalStream Announces New Licensed Reseller, Preferred Broker Solutions

Reselling Agreement will provide the equipment leasing industry with continued support and training for new and existing System 1-2.5 and CapitalStream Advantage™ customers.


SEATTLE, WA–September 11, 2001
–CapitalStream (www.capitalstream.com), a Seattle-based provider of a patent pending, commercial finance automation technology for banks, financial institutions and manufacturers, today announced a licensing deal with Preferred Broker Solutions (PBS) (www.pbs4u.com). The agreement will solidify PBS as a reseller and technical supporter of CapitalStream’s legacy desktop products for the equipment leasing industry, System1-2.5 and CapitalStream Advantage. CapitalStream’s (formerly System 1 Software) well-established solutions enable customers to facilitate lease financing transactions through their own desktops. In addition, Preferred Broker Solutions will be assisting System 1-2.5 customers in upgrading to the latest version of that software, CapitalStream Advantage, increasing customers’ speed and flexibility while saving time and money.

By entering into this reselling agreement, CapitalStream will continue to support products used by hundreds of companies in the equipment leasing space, through the sales, technical support, and training services provided by PBS. Preferred Broker Solutions will continue to sell additional licenses of both products to existing customers, and will sell and support CapitalStream Advantage to new customers. Existing System 1-2.5 and CapitalStream Advantage customers will continue receiving client service support from CapitalStream.

"CapitalStream has always been very proud of our relationship with the equipment leasing industry and the products we have created to streamline the complex processes within it," said Stephen Campbell, president and CEO of CapitalStream. "With PBS we are continuing to find new ways to ensure that our customers get the support and training they need to be more efficient."

"We are pleased to have this opportunity to continue providing System 1 and CapitalStream Advantage software users support and training," said Jim Buckles, president of PBS. "Our highly skilled support service will focus on the needs of equipment leasing brokers."

CapitalStream also offers a browser-based alternative, FinanceCenter, which enables customers to extend their businesses via the Internet safely, securely and reliably. This 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.

About Preferred Broker Solutions

Headquartered in Edmonds, Washington, PBS is a service organization specializing in support of computer automation for the equipment leasing broker. By providing technical support, on-site training, web development, custom reports, and document templates, PBS brings the best products and support available.

About CapitalStream

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 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