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Bankers systems and supersolutions announce e-forms agreement FLEXCUBE Lending Suite        

08-Dec-99

ST. CLOUD, Minn., Dec. 8, 1999 - Bankers Systems, Inc. and SuperSolutions Corporation announced today an agreement integrating Bankers Systems' industry-leading electronic documents into SuperSolutions' Daybreak-The Big Picture loan-portfolio management software.

The new agreement will allow financial institutions using Daybreak to take advantage of the power, convenience, and compliance strength of Bankers Systems' electronic documents. "We think users are going to see tremendous advantages in this," said Gary Hess, Director of Alliance Management for Bankers Systems. "For example, Bankers Systems offers state-specific documents for all 51 U.S. jurisdictions. That, combined with Daybreak's automated fax processing and Web-enabled capabilities, lets institutions create indirect lending programs with their nationwide dealer networks."

Daybreak is a robust relational database management system for consumer lending, including automobiles, recreational vehicles, boats, motorcycles, manufactured housing, lines of credit, and specialty finance requests. Daybreak manages all aspects of an institution's loan portfolio with a set of integrated software modules including loan origination, servicing, collection, and document imaging and generation.

SuperSolutions has embraced Bankers Systems' newest proprietary e-forms format: MAXML.(TM) MAXML documents combine industry-standard components like XML(TM) and Visual Basic(R) with Bankers Systems' exclusive e-forms tool kit elements to create electronic documents that are second to none. "There's no reason to settle for less than the compliance power and experience of Bankers Systems for documents you can trust," explained Doug Swenson, Electronic Documents Solution Manager for Bankers Systems.

"Given Bankers Systems' market penetration, it was an easy decision to integrate their e-forms into Daybreak," said Darshan Karki, president and chief executive officer of SuperSolutions Corporation. "We have greatly increased Daybreak's functionality over the past few months, and Bankers Systems' integration has been a long-standing goal. We're pleased to work with them."

About supersolutions corporation

Based in Eden Prairie, Minn., SuperSolutions Corporation develops enterprise-wide software applications for both the Internet and traditional platforms. Its flagship product, Daybreak-The Big Picture, is designed for lenders providing consumer and commercial loans. Daybreak automates the lending process, including loan origination, servicing, collections, and documentation, in client-server and Internet-based environments.

About bankers systems

Founded in 1952, industry leader Bankers Systems, Inc. (BSI) provides an extensive line of lending, deposit, and retirement plan products and services that meet the compliance challenges of financial institutions. BSI uses new technology to deliver the critical compliance components the market needs in electronic, Web, PC-based software, and preprinted formats. The company's full library of electronic documents supports all 51 jurisdictions and is available in numerous leading formats, including BSI's proprietary MAXML technology. For more information, contact the company at 800-552-9410 or visit its web site at www.bankerssystems.com.

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   FLEXCUBE Lending Suite - Case Study 1
   
   FLEXCUBE Lending Suite - Case Study 2



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  Last updated on : 31-Dec-2007
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