Press Releases

Associated Motorways (Private) Limited Goes Live With LeaseWave®


Philadelphia, PA February 07, 2011 - Associated Motorways (Private) Limited (“AMW”), the leading vehicle distributor and leasing company based in Sri Lanka, has gone into production with LeaseWave®, the lease management suite created by Odessa Technologies, Inc. (“Odessa”) of the U.S.

“We are extremely pleased with the way the LeaseWave® implementation was managed and executed by Odessa. It was a complex project but we are happy to say that it was delivered within the challenging timescale we set in order to minimise customer disruption and maximise customer benefit,” says Ruwanthi Fernando, Chief Information Officer for AMW. “The Capital Leasing, AMW IT and the Odessa team worked tirelessly and rose to every last challenge encountered along the way. We are now nicely poised to take advantage of the growth opportunities in front of us, confident that our IT infrastructure capabilities will support us” says Mr. Emmanuel Muttupulle the Chief Executive Officer of AMW Capital Leasing.

The AMW implementation was completed from start to finish in exactly eight calendar months. “In fact, it is interesting to point out that we went live on the very day we had estimated for this on the first and only timeline submitted for this project,” says Srinivasan, Project Manager for Odessa. “The teams on both sides rallied around the date and worked methodically to hit it. The contribution of every team member, from both AMW and Odessa, had to matter for us to make this deadline and that’s exactly what ended up happening.”

“We are very excited about adding another vehicle lessor to our client list, especially one that is well known in this region,” says Jay Mehra Chief Operating Officer for Odessa. “This project was another opportunity for us to demonstrate the flexibility of LeaseWave’s design to accommodate all the diverse requirements thrown at it. It was another opportunity for us to reiterate our ability to deliver on time.”

About AMW (Private) Ltd and Capital Leasing

Founded in 1949 and headquartered in Colombo, Sri Lanka, Associated Motorways (Private) Limited is the sole agent in Sri Lanka for some of the world’s most renowned automotive brands such as, Nissan, Suzuki Maruti, Piaggio, Yamaha, Eicher, Renault, BP, Castrol and Good Year. AMW also specializes in tire retreading and rebuilding, and is involved in the trading and exporting of rubber goods. AMW Capital Leasing Ltd (AMW CL) is a fully owned subsidiary of Associated Motorways (Private) Ltd incorporated in 2006. The Company is mainly engaged in providing lease financing solutions to Small and Medium Enterprises, professionals and micro finance segments within the Country. AMW CL has shown a substantial growth over these years while ensuring excellent customer relations within its business operations.

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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 400. The LeaseWave® suite is a fully Internet-based family of products, providing an end-to-end lease, fleet and loan origination and portfolio management solution for equipment leasing and finance, vehicle leasing and finance and fleet management companies. The LeaseWave® suite is engineered to be configurable and customizable to accommodate complex business models and it is also designed to be available as a SaaS product. Learn more about Odessa Technologies, Inc. and its services by visiting