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Raymond Leasing Corporation Selects CapitalStream’s FinanceCenter™

CapitalStream provides an efficient high-tech, low touch approach for Raymond Leasing


Seattle, WA – September 30, 2002
CapitalStream, a Seattle-based provider of business and commercial credit automation technology for the Financial Services Industry, today announced Raymond Leasing Corporation as its newest customer to implement FinanceCenter, CapitalStream’s flexible technology platform. Raymond Leasing chose CapitalStream’s solution to increase operational efficiencies and to improve customer service and satisfaction.

Raymond will now have the ability to generate, deliver, and store quotes and proposals. They will also be able to standardize origination while maintaining the flexibility to customize programs, pricing, and documentation, by equipment type or at the dealer level. FinanceCenter will provide a single point of integration to third-party providers and their portfolio management platform, LeasePlus, thereby streamlining the company’s transaction processing time, reducing operating expenses, and improving the customer experience. CapitalStream’s FinanceCenter is also scalable, allowing for future growth and expansion without additional IT requirements.

Darlene Harrington, Raymond Leasing Corporation’s Lease Marketing Manager said, "The CapitalStream solution will improve our entire lease origination life-cycle. CapitalStream’s technology will standardize the lease quoting and origination process that will make our organization more efficient and our resources more effective."

"We are dedicated to helping companies like Raymond Leasing streamline processes, reduce operation expenses, and improve customer service and satisfaction," says Jeff Dirks, president and COO of CapitalStream. "CapitalStream’s FinanceCenter technology platform provides a single point of integration that creates significant efficiencies within a company’s business and commercial credit processes, resulting in greater profitability."

By providing the tools to better manage credit risk, reduce costs, and attract new business by automating manual processes for leases, loans, cards and lines, CapitalStream has enabled many financial services companies to continue to improve their customer service, satisfaction, and retention.

About Raymond Leasing

Raymond Leasing Corporation is a wholly owned subsidiary of The Raymond Corporation. Raymond is a global leader, manufacturing a full range of pallet handling and orderpicking solutions including pallet trucks, walkie stackers, orderpickers, counterbalanced, reach and Swing-Reach trucks. Since 1970, the people at Raymond Leasing have been meeting the needs of a broad range of companies that use Raymond equipment. Raymond’s goal is always to create a lease contract that answers the financial and operational needs of their customers.

About CapitalStream

Seattle-based CapitalStream delivers business and commercial credit automation solutions for the financial services industry. CapitalStream’s FinanceCenter provides tools to better manage credit risk, reduce costs, and attract new business by automating manual processes for leases, loans, lines and cards. CapitalStream, an established industry leader, 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