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Simmons First National Bank selects LeaseWave from Odessa Technologies

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Philadelphia, PA February 16, 2016 - Simmons First National Bank has selected the LeaseWave platform from Odessa Technologies, Inc. to administer and streamline all of its lease management processes. Simmons will also be implementing the LW Customer Portal to bring immediate value to customers and to strengthen their long term relationship with the bank. Simmons First National Bank is a 112 year old 4-state regional bank headquartered in Pine Buff, Arkansas.

“Simmons provides the market with innovative leasing products and creative solutions to assist new and existing businesses in financing their growth”, said Michael Childers, VP/Equipment Finance, at Simmons Bank. “LeaseWave will allow us to replace our legacy platforms with state of the art technology, providing increased automation for our organization and improved service for our customers.”

“Through LeaseWave, Simmons will be able to modernize their systems and enjoy new operational efficiencies very quickly. It’s always exciting for us to see the tangible value we immediately add when replacing legacy platforms that were built for a completely different and long gone era,” says Lisa Rafter, SVP Sales at Odessa Technologies. “LeaseWave’s cutting-edge technology combined with mature functionality and workflow-based design will enable Simmons to realize significant efficiency gains and build reliable business controls across their operations.”

About Simmons First National Bank

Simmons First National Corporation is an Arkansas-based financial holding company conducting financial operations throughout Arkansas, Kansas, Missouri and Tennessee. The company's common stock trades on the NASDAQ Global Select Market under the symbol "SFNC".

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.