FinanceEdge Provides Front-End Commercial Finance Software Solutions to Chase Industries

ST. PETERSBURG, FL, November 15, 2007-FinanceEdge Software, LLC, a premier provider of software solutions to the equipment leasing and financing industry, announced today the implementation of its Edge software package for Chase Industries, Inc., one of North America's leading providers of leases and commercial financing for the healthcare industry.

"We're excited at the opportunity to help Chase Industries gain the advantage of the Edge front-end platform," says Michael C. Cumby, chief technology officer of FinanceEdge. "We have designed our suite of solutions precisely for the needs of companies like Chase Industries and are proud of the fact that they are realizing significant gains in efficiency and productivity through our product."

The Edge originations workflow software, which was installed and fully operational at Chase Industries' headquarters in September 2007, handles all of the front-end processing for leases and other forms of commercial finance transactions for the company. Edge replaced a legacy CapitalStream Advantage system, according to Kyra Siverly, vice president of Chase Industries.

Siverly, a certified lease professional, led Chase Industries' two-year evaluation process for a new front-end lease management system that would retain an easy-to-use interface but provide the legroom for her company to grow. But in evaluating replacement front-end systems, Siverly soon recognized that bigger was not necessarily better in terms of Chase Industries' needs.

"We realized that we needed a system that wasn't too big," Siverly explains, "We didn't want a system that was inflexible and so big that it might be cumbersome to navigate."

The Web-enabled capabilities of Edge were a significant feature in Siverly's decision. "The Web-based features not only allow our sales people in the field to see their transactions, but they also give our vendors access to the system to see up-to-date information on their transactions," Siverly says.

Siverly was also impressed by how user friendly Edge was-which helped ensure that the Chase Industries team was able to get up to speed quickly-and with how responsive the FinanceEdge service and support team was in introducing Chase Industries to the product through Webinars and product demonstrations.

"Customer service is paramount in our company, so when we find a technology supplier like FinanceEdge that demonstrates a comparable commitment, we're very impressed," says Siverly. "Anytime we've had a question, they've been right there for us. No question is too minute."

Chase Industries is confident that Edge provides the room needed to grow, too. "There's still so much more that it does that we're not utilizing at this time," says Siverly, "But with a click of a button, we can easily incorporate any new features we might need without taking on a complete system upgrade or buying a new version of the software."

About Chase Industries

Chase Industries, headquartered in Grand Rapids, Michigan, was established in 1993 with the mission of providing competitive financing for healthcare professionals. A nationwide independent finance company that specializes in financing services to the healthcare market, Chase Industries works directly with Tier 1 medical vendors and physician groups, outpatient facilities, dentists, and veterinarians to provide customized financing for equipment and working capital as well as offer financing for their patients. Chase Industries' management team has over 50 years of healthcare financing experience and, with its five offices, is dedicated to providing customized leasing and working capital programs for medical professionals.

About FinanceEdge Software LLC

FinanceEdge Software, LLC, is a long-established provider of front-end software solutions to the equipment leasing and finance industry. FinanceEdge focuses on the needs of growing small to medium-sized companies in both North America and Europe. "Edge," the company's latest evolution of software technology, gives customers of any size the technological edge to succeed in today's financing marketplace. For more information, visit http://www.financeedgesoftware.com

For Immediate Release

Contact: Susan Carol
Susan Carol Associates Public Relations, Inc.
(540) 361-1274