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Mitsubishi UFJ Lease & Finance Selects LeaseWave from Odessa Technologies

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Philadelphia, PA – August 23, 2016 - Odessa Technologies (“Odessa”), a leader in lease and loan accounting software solutions, today announced that Mitsubishi UFJ Lease & Finance (U.S.A.) Inc. (“MULUSA”) has selected LeaseWave from Odessa Technologies to automate and improve their front and back office leasing operations. With LeaseWave, MULUSA will have a flexible technology foundation that will reduce complexities and costs, support ongoing growth, and provide deeper data insights.

MULUSA is a wholly-owned subsidiary of Mitsubishi UFJ Lease & Finance Company Limited, which is a member of Mitsubishi UFJ Financial Group, one of the world’s leading financial services groups. MULUSA is focused on leasing and financing business assets for companies operating in the U.S.

“MULUSA provides innovative leasing products, as well as unique and creative solutions to assist businesses in financing their growth and meeting business goals,” says Masaki Mizutani, President of MULUSA. “To deliver the best services and solutions to our clients, it's important to have a technology foundation that unifies our business so we can gain the insights required at a company level. LeaseWave will enable us to have more control over the current state of the business and continuous innovation to help ensure we are always up-to-date with new standards and best in class technology.”

"We are excited to see companies like MULUSA moving their lease management operations to LeaseWave and enabling their businesses with technology that can transform the way they work," said Rob Krebs, VP Projects, Odessa. "With LeaseWave, front office and back office come together seamlessly allowing businesses to eliminate manual workarounds and significantly improve process efficiency.”

About Mitsubishi UFJ Lease & Finance (U.S.A.) Inc.

Mitsubishi UFJ Lease & Finance (U.S.A.) Inc., a subsidiary of Mitsubishi UFJ Lease & Finance Company Limited and part of the Mitsubishi UFJ Financial Group (MUFG), is the only Japanese leasing company headquartered in the American Mid-West. With offices in Florence KY, New York, San Diego, Atlanta and Los Angeles, MULUSA has served U.S. customers for over 30 years.

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 .