SAFCo Selects TCI as Finance Software Partner

Special Finance Leader Chooses DecisionLender Software for Web-based Loan Origination and Application Processing

Ft. Lauderdale, FL (March 15, 2007) – Southern Auto Finance Company, a leading provider of automotive financing to credit-challenged customers, has chosen TCI's DecisionLender software to automate and improve its indirect lending activities. TCI is one of the country’s foremost developers of finance information systems for small to mid-size lenders, and their DecisionLender solution is among the most innovative in the industry.

“At SAFCo, our goal is to make sub-prime financing as simple and efficient as possible, and we look to accomplish that by matching close, personal service with world-class systems,” said George Fussell, president of SAFCo. “DecisionLender allows us to do just that. It offers the sort of versatile, powerful solutions that our dealer customers would typically expect only from a large, national lender, and gives us a combination of talent and technology that is unsurpassed in the special finance industry.”

DecisionLender is a real-time, web-based loan origination and automated processing solution that is used by credit unions, banks, finance companies and other lenders. SAFCo intends implementation of the new platform to take place in the second quarter of 2007.

The software is considered to be among the most comprehensive and reliable in the industry. Upon receiving a loan application, DecisionLender automatically prepares the file for a credit analyst's review by retrieving credit- and product-related valuation data, calculating loan ratios and evaluating risk against SAFCo’s specific criteria. Moreover, DecisionLender will apply SAFCo’s unique rules and parameters to each loan application, assuring that the company adheres to its own set of best practices.

"We are very pleased that SAFCo has chosen DecisionLender and are confident that [the company’s] dealers and staff will be pleased with the ease-of-use, speed, reliability, security and flexibility of our web-based DecisionLender system" said William S. Nass, president of TCI.

SAFCo provides special financing to more than 12,000 credit-challenged customers and currently carries $80 million in outstanding loans. The company operates in 15 states and specializes in hard-to-finance transactions, providing its dealer partners with programs and marketing resources that enable them to complete transactions with the broadest possible universe of automotive customers. Purchasers benefit from finance programs that rebuild credit through the consistent reporting of loan repayment to reputable credit bureaus. More information is available online at www.GoSAFCo.com.

TCI was founded in 1982 and is based in Hauppauge, NY. The company offers a wide range of solutions for lenders that include hardware and software in addition to its leading web-based loan origination and decision solutions. TCI has sold over 30,000 licenses for its products nationally and has over 3,500 customers utilizing its web-based solutions. More information is available at www.tcicredit.com.