CapitalStream Logo
CapitalStream Login Contact Sitemap





MindBox and CapitalStream Form Strategic Alliance

Partnership Offers Intelligent Lending Process to Small Business Marketplace


Greenbrae, CA–October 29, 2001
MindBox™, the worldwide leader in providing intelligent software to automate complex business and decision processes, and CapitalStream (www.capitalstream.com), a Seattle-based provider of commercial finance automation technology for banks, financial institutions and manufacturers, today announced that they have formed a partnership that will enable both companies to jointly offer loan automation solutions to the small business and leasing market. The partnership will provide customers with the ability to integrate the two companies' products to create an automated lending and leasing system focused on providing highly personalized loan and lease options to customers.

"We are very excited to be working with CapitalStream. Their experience in the small business and leasing marketplaces, coupled with our technology and experience in financial services markets such as mortgage, combine to make an unbeatable solution," says Richard Barfus, CEO and president of MindBox. "Customers will benefit from the combination of MindBox's sophisticated decisioning and CapitalStream's state of the art workflow and loan processing software."

"CapitalStream is pleased to be working with Mindbox. Our technology is the perfect compliment to their decisioning software," said Steven Campbell, CapitalStream's president and CEO. "Together with Mindbox we are offering the market a complete solution that will save customers time and money by streamlining their current business processes."

The combined MindBox/CapitalStream partnership will make the following solutions available to joint customers:
  • Provides an intelligent, interactive loan process for small business owners and manufactures.
  • Determines the qualified products and associated price for individual customers
  • Creates an audit log of activities
  • Manages the flow of loan or lease process

About MindBox, Inc.

Based in Greenbrae, CA., MindBox, Inc. is a technology company that helps financial services companies gain a competitive edge by intelligently automating their complex business and decision processes. The company develops and markets innovative software and consulting solutions that leverage industry and internal best practices to deliver multi-channel, intelligent solutions designed to optimize client interactions.

For additional information about MindBox visit its web site at www.mindbox.com

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 about CapitalStream visit its web site at www.capitalstream.com.

Contacts:

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

Paige Mazzoni
MindBox, Inc.
(415) 785- 3063
mazzoni@mindbox.com

Marie Clark
Rocket Science, Inc.
(415) 252-0580
marie@rocketscience.com