MacDill Federal Credit Union Brings Indirect Lending Program In-House with Teres Solutions' SAIL Software; Credit Union Uses the SAIL(TM) Indirect Solution to Automate Lending Program and Minimize Risk Exposure

MIAMI--Nov. 7, 2005--Teres Solutions, Inc., a leading provider of direct and indirect lending software to credit unions and financial institutions, today announced that MacDill Federal Credit Union has selected the SAIL (Software Application for Integrated Lending) solution to manage and automate its indirect lending program. MacDill FCU previously outsourced its $433 million indirect lending program, and brought the program in-house to capitalize on the projected growth in this area of business.

MacDill, headquartered in Brandon, Florida, serves more than 173,000 members with 17 Financial Center locations throughout the Tampa Bay area. With more than $1.6 billion in assets, MacDill is one of the premier credit unions in the nation. SAIL Indirect software is helping to automate MacDill's indirect loan processes and provide greater visibility into how the credit union's overall lending program is managed. With SAIL Indirect, MacDill FCU is able to receive and process loan applications electronically. This includes the ability to set up risk-based rates as well as rules-based approval and denial criteria.

"The decision to bring the indirect lending program in-house was based on our strategic business plan in this very critical area of our business," said Kevin Sweeney, Vice President of Lending for MacDill FCU. "SAIL Indirect has made the transition possible by allowing us to automate manual lending processes out of the gate, while maintaining our current dealer relationships and building on our new found efficiencies."

Teres Solutions' SAIL software products are used by some of the nation's most successful credit unions and financial institutions to automate their indirect and direct 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 RouteOne

-- 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

"Credit unions no longer have to choose between the higher cost of running their lending programs in-house or the increased risk they'll assume by outsourcing their programs," said Bruce Callen, president of Teres Solutions. "With SAIL solutions for direct and indirect lending, they can run a highly efficient and cost-effective lending program themselves, while maintaining tight controls over risk exposure."

For more information about 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.