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CapitalStream Ranked 15th in Top 25 Technology Deals of 2001

According to FutureBanker’s Top 25 Technology Deals of 2001, CapitalStream’s Commercial Financing Solution Earns Company Top Honors in the Banking Arena


Seattle, WA–December 4, 2001
CapitalStream, a Seattle-based provider of commercial finance automation technology for banks, financial institutions and manufacturers, today announced it has been ranked by FutureBanker Magazine as having one of the Top 25 Technology Deals for 2001. CapitalStream was ranked 15th by the prestigious banking publication for its multi-year agreement with Bank of America for instant online commercial financing approval for their small business clients.

The annual list ranks U.S. technology companies like CapitalStream based on their ability to help customers reduce expenses and increase revenue. CapitalStream allows financial institutions to realize the cost-saving advantages of online commercial financing, giving the Seattle-based company important recognition within the banking community.

"We’re very proud to have earned this significant ranking on a list that recognizes the banking industry’s most innovative and successful technology companies," said Stephen Campbell, CapitalStream’s president and CEO. "Our success comes from providing the commercial finance industry with pioneering technology solutions that automate all aspects of business credit transaction processing."

In addition to this latest honor, CapitalStream was recently ranked the 39th fastest growing technology company in Washington State by the Deloitte & Touche Fast 50 Program. Other milestones achieved this year include acquiring several major financial services customers and securing $20 million in funding despite falling market conditions.

For over six years, CapitalStream has enabled commercial finance customers to reduce costs, increase efficiencies, better manage operations, and enhance customer service. CapitalStream’s FinanceCenter solution automates business credit transaction processing across multiple business lines, multiple products and multiple sales channels, lowering costs and enabling companies to take advantage of new business opportunities by automating manual processes for leases, loans, lines of credit and credit cards.

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

Contacts:

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

Scott Battishill
DDB Public Relations
(206) 464-0197
scott.battishill@sea.ddb.com