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SNAP Financial Group selects LeaseWave® from Odessa Technologies

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Philadelphia, PA June 25, 2013 - SNAP Financial Group (“SNAP”) has selected LeaseWave lease and loan management software by Odessa Technologies, Inc. (“Odessa”) to automate and administer their back office processes. The SNAP Financial Group of Companies includes various origination companies including; SNAP Home Finance, SNAP Commercial Finance, SNAP Auto Finance, and SNAP Premium Finance.

“SNAP is focused on the origination of small ticket transactions in markets where delivery of custom financial solutions is a critical value-added component of our sales proposition” says Kyle Wenn, COO at SNAP. “Cost effective servicing is critical to our success. Through seamless integration with diverse systems, automated processes and bulk servicing capabilities, LeaseWave will enable us to create a highly efficient platform and optimize our business model.”

“Successful execution of SNAP’s innovative growth strategy requires both replacement of their legacy systems with state of the art technology, and significant business process reengineering” says Michael Morris, Project Manager at Odessa. “Given the depth of our lease consulting expertise and the level of automation LeaseWave is capable of, Odessa is well positioned to help SNAP achieve their growth objectives.”

About SNAP Financial Group

SNAP Financial Group is a leading Canadian provider of tailored financial solutions that empower its partners through a unique set of origination companies including; SNAP Auto Finance, SNAP Home Finance, SNAP Commercial Finance and SNAP Premium Finance. SNAP’s flexible delivery platform enables Manufacturers, Retailers and Dealer networks the ability to create compelling customer propositions, increase average sale price size and maximize their closing ratios. Headquartered in Vancouver, BC with offices in Toronto, ON, SNAP services the entire Canadian marketplace from coast to coast. For more information, visit www.snapfinancial.com.

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.