Teres Solutions Earns Certified Partner Status in Microsoft Partner Program

AUSTIN, Texas--Aug. 1, 20057, 2005--Teres Solutions, Inc., a leading provider of direct and indirect lending software to credit unions and financial institutions, today announced it has earned certified status in Microsoft Corp.'s Partner Program recognizing Teres Solutions' expertise and total impact in the technology marketplace. As a Certified Partner, Teres Solutions has demonstrated expertise with Microsoft technologies and proven ability to meet customer needs. Microsoft Certified Partners receive a rich set of benefits, including access, training and support, which give them a competitive advantage in the marketplace.

Teres Solutions' SAIL software products are used by some of the nation's most successful credit unions and financial institutions to automate their indirect lending processes. The SAIL software products significantly reduce 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. With SAIL, not only is the lending process more efficient, but existing staff can be more productive by focusing on improving yields through new member acquisition or sales of add-on services. Key features of the SAIL family of products include:

-- Integration with DealerTrack's finance platform for automobile dealerships

-- Automated lending decisions through the SAIL Autopilot module

-- Sophisticated real time reporting

-- Integration with major credit union core systems, including Summit, Symitar and ULTRADATA, Users, and XP

-- Browser-based technology for rapid deployment and maintainability; while hosted from within the credit union's infrastructure for greater security and control

-- Intuitive user dashboard

-- Roles-based security features

-- Automated credit checking

-- Application history lookup

-- Federal regulation compliance

-- Automatic dealer response generation

-- Direct forms integration with almost any form, including Loanliner forms as well as custom forms

-- Integration with NADA

-- Integration with Auto Financial Group for balloon loans

-- Integration with Loanliner.com for member & non-member direct loan origination

"Only companies that have demonstrated high levels of customer service, proved their experience and attained advanced certification receive the designation of Microsoft Certified Partner," said Allison Watson, vice president of the Worldwide Partner Sales and Marketing Group at Microsoft. "Today, Microsoft recognizes Teres Solutions for its skills and expertise in providing customer satisfaction with Microsoft products and technology."

"We are extremely pleased to have earned certified status in the Microsoft Partner Program," said Dan Chaney, Vice President of Business Development for Teres Solutions. "The certified status allows us to clearly promote our expertise and relationship with Microsoft to our customers. The benefits provided through our certified membership will allow us to continue to enhance the direct and indirect lending offerings that we provide to credit unions and financial institutions around the country."

The Microsoft Partner Program was launched in December 2003 and represents Microsoft's ongoing commitment to the success of partners worldwide. The Microsoft Partner Program offers a single, integrated partnering framework that recognizes partner expertise, rewards the total impact that partners have in the technology marketplace, and delivers more value to help partners' businesses be successful.

For more information on Teres Solutions and its SAIL software products, visit www.teressolutions.com.

About Teres Solutions, Inc.

Teres Solutions, Inc. 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 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.