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Meridian Leasing Corporation Selects LeaseWave® From Odessa Technologies, Inc.

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Philadelphia, PA January 14, 2011 - Meridian Leasing Corporation (“Meridian”), one of the largest independent lessors in the IT industry, has selected LeaseWave®, the lease management suite provided by Odessa Technologies, Inc. ("Odessa"), to automate and administer their entire front office and back office lease management process.

“Our current legacy infrastructure has evolved over many years to cater to the various complexities and nuances of the business. We chose LeaseWave® to consolidate all of our front office and back office processes on one platform and a single database because it was the only solution we found flexible enough to cater to our unique requirements”, says Bill Flaherty, Vice President and Chief Accounting Officer for Meridian.

"All of our clients have in common a value proposition that is based upon differentiation by providing more customized and sophisticated products, a high degree of customer service and intimate knowledge of the assets being leased” says Jeff Lezinski, VP Equipment Leasing Vertical at Odessa. "The complexities of the Meridian business model are supported by our system not only because of mature functionality but also because of our use of cutting-edge technology. The flexibility of LeaseWave® allows it to be readily configured to meet the unique needs of any lessor, located anywhere in the world.”

About Meridian Leasing Corporation

Meridian is a comprehensive source for information technology asset and financial management solutions. Since its inception in 1979, Meridian has created lasting partnerships that have led to an impressive customer base, outstanding track record and a rock-solid financial foundation. Meridian is a subsidiary of Meridian Group International, Inc. (“Meridian Group”), an international IT solutions provider based in Deerfield, IL. Meridian Group has enjoyed over 30 years of continuous profitability, now employing over 500 people in 33 offices across the United States, U.K., Germany and Australia.

Press Inquires

Keelie Fitzgerald 1.215.231.9800 x 120
press@odessatech.com

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 www.OdessaTechnologies.com.