Teres Solutions Reaches 200th Customer Milestone

AUSTIN, Texas--(Business Wire)--
Teres Solutions, Inc., one of the top providers of direct, indirect and merchant
lending software to credit unions and financial institutions, today announced
that its SAIL software is now being used by 200 of the nation`s leading credit
unions and financial institutions. In the past year alone 25 new customers have
standardized on the SAIL platform for their lending needs. Organizations that
recently purchased SAIL software include: Olin Community Credit Union, AltaOne
Federal Credit Union, Y12 Federal Credit Union, Town and Country Federal Credit
Union, The Credit Union Loan Source, LLC, and IC Federal Credit Union, among
others.

"SAIL is the most reliable and robust lending automation platform on the
market," said Judy Kaddy, Senior Vice President Lending & Marketing at IC
Federal Credit Union. "It also provides us with the flexibility we need to help
us confidently meet the demands of today`s ever changing lending landscape."

In 2008 the SAIL platform added a number of enhancements, including a new SAIL
Merchant Lending module that allows credit unions, CUSOs, banks and finance
companies to provide retailers, merchants and professional service providers
with the ability to submit point-of-sale loan applications through the system.
By connecting with local merchants, lenders have more opportunities to grow
their businesses by tapping into the lucrative retail finance market.

"Last year was one of the best in our company`s history," said Tim Kelly, CEO of
Teres Solutions. "We couldn`t have achieved what we did without the support of
our talented employees and our loyal family of customers who helped to refine
and improve the SAIL platform to meet the unique lending needs of the current
economic environment."

The Teres Solutions SAIL software family is used by some of the nation`s most
successful credit unions, lending CUSOs, banks and finance companies to automate
their indirect, direct, merchant and web-based lending processes. SAIL lending
software significantly reduces the time it takes to review loan applications,
request and review credit reports, enter data into core systems, make lending
decisions and quickly respond to dealers and members. To date the SAIL platform
has processed billions of dollars in direct and indirect lending loan volume.

For more information on Teres Solutions, visit www.teressolutions.com.

About Teres Solutions, Inc.

Teres Solutions, Inc., a wholly-owned subsidiary of CRIF, was founded in 2002
for the express purpose of developing direct and indirect lending software
products that define the state-of-the-art for the financial institution market.
Its Software Application for Integrated Lending (SAIL) direct and indirect
lending products allow financial institutions to streamline lending decisions,
increase revenue through enhanced loan application processing efficiency,
improve dealer and member relations, and augment loan tracking and reporting
capabilities. Teres Solutions has been recognized as a Microsoft certified
partner with accredited core competencies. Visit www.teressolutions.com for more
information on Teres Solutions, its products and services.

SAIL is a registered trademark and Teres Solutions is a trademark of Teres
Solutions, Inc. All other company and product names mentioned are used only for
identification and may be trademarks or registered trademarks of their
respective companies.

For Teres Solutions, Inc.
Media Contact:
Karl Scholz, 512-493-0909
karl.scholz@virtualprdirector.com
or
Teres Solutions, Inc.
Company Contact:
Tim Kelly, 512-218-4200
info@teressolutions.com

Copyright Business Wire 2009