Winthrop Resources Corporation (”Winthrop”), a subsidiary of TCF Financial Corporation, has gone into production with LeaseWave™, the lease & asset management suite developed by Odessa Technologies, Inc. (”Odessa”). Winthrop will use the entire LeaseWave™ suite to comprehensively manage the lifecycle of both leases and assets, from origination through remarketing.

“For more than 25 years, Winthrop has built a strong reputation for providing value-added technology leasing combined with high quality customer service” stated Gary Anderson, SVP and CFO. “We uniquely allow our customers unparalleled flexibility to make necessary changes as their technology and business needs evolve in a dynamic and competitive environment. We chose LeaseWave™ because of its flexibility and true asset-based design. Throughout the implementation process, Odessa demonstrated a strong commitment and ability to understand our unique and complex processes to meet our needs.”

“Our customers have in common a value proposition that is based on competitive differentiation. They provide customized and sophisticated offerings along with high quality customer service that comes from an intimate knowledge of their respective industries” says Madhu Natarajan, CEO of Odessa. “For Winthrop, this meant fluidly handling all the front and back office ramifications of leasing thousands of assets per schedule, all in a workflow-based environment. We’re very excited about the scale we have provided and the efficiencies and productivity improvements that continue to be realized as a result.”

About Odessa Technologies, Inc.

Odessa Technologies, Inc. is a software company exclusively focused on the leasing industry. The company is headquartered in Philadelphia, PA and employs a staff of 117 across its offices. The LeaseWave™ suite is a fully Internet-based family of products, providing an end-to-end lease origination and portfolio management solution for equipment leasing, vehicle leasing and fleet management companies. The LeaseWave™ suite is specifically engineered, to be customizable and accommodate even the most complex of business models, as evidenced by its diverse customer base.

About Winthrop Resources Corporation

Winthrop is a financial services company with the experience, talent and resources necessary to meet its clients’ unique requirements. Winthrop was founded in 1982 and specializes in leasing computer systems and other high-tech equipment from a variety of manufacturers. Since its founding, Winthrop has established an excellent reputation for providing “value added leasing,” a strategy that ensures the highest quality customer service. Winthrop is a subsidiary of TCF Financial Corporation (NYSE:TCB), a $16.7 billion national bank holding company and is headquartered in Minneapolis, Minnesota.