FOR IMMEDIATE RELEASE
SAN DIEGO, California (Market Wire)-- September 27, 2005 --
Edgeware Analytics, a leading provider of decision tools for small business lenders, has announced a partnership agreement with Vision Software Solutions, an expert provider of financial analysis software.
Through a seamless integration, Vision Software Solutions' fisCAL users will have access to Edgeware Analytics' ScoreEdge small business decision model. The addition of ScoreEdge, an on-line, real-time decision tool to the fisCAL analysis provides a more accurate approval of small business loans. ScoreEdge has been proven effective on conventional and government guaranteed loans alike.
"We are thrilled that our partnership with Edgeware Analytics enables us to deliver an even more complete risk evaluation and loan approval solution to our fisCAL customers," said Barry Brinson, president of Vision Software Solutions. "This alliance puts a powerful profit-enhancing, easy-to-understand score in the hands of credit-granting decision makers."
"Vision Software Solutions has long delivered critical financial analysis software to their clients throughout the lending industry," said Mike Rozman, president of Edgeware Analytics. "We are proud to integrate ScoreEdge into fisCAL, a best-of-class financial analysis tool. FisCAL users will now enjoy the predictive insight of a powerful empirical model alongside the financial analysis features they've relied upon to drive decisions."
About Edgeware Analytics, Inc.
Edgeware Analytics is an innovative provider of generic and customized decision tools to lenders. Edgeware combines expertise in statistical modeling and credit evaluation to create profit-enhancing predictive models. Used by national lenders and community banks alike, Edgeware’s ScoreEdge product, works in conjunction with a lender’s established underwriting procedures to measurably improve the accuracy of small business credit approvals. Additional information can be found at: http://www.edgewareanalytics.com/.
About Vision Software Solutions
Vision Software Solutions is a leading provider of software to community banks, credit unions, and mid-market organizations with solutions that optimize business processes, reduce costs, improve financial analysis, and lower risk. Their financial analysis software, fisCAL, enables easy, accurate commercial loan decisions. fisCAL's comprehensive analysis includes: ratios, trends, cash flow, breakeven, projections, credit history and scores, and industry peer-group comparisons. Additional information can be found at: http://www.visionsoftwaresolutions.com/.