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Bennington Financial selects LeaseWave® from Odessa Technologies


Philadelphia, PA January 21, 2014 - Bennington Financial Services Corp. (“Bennington”) has selected LeaseWave from Odessa Technologies, Inc. (“Odessa”) to automate andadminister all their front office and back office lease management processes. Bennington is one of the largest independent commercial leasingcompanies in Canada, offering vendor point of sale, broker and end user-direct financing solutions under the Equirex Leasing and Bodkin Capitalbrands.

“Through its two brands, Equirex and Bodkin, Bennington Financial provides the market with innovative leasing products, as well as unique andcreative solutions to assist new and existing businesses in financing their growth and their dreams, says Larry Mlynowski, President and CEO ofBennington. “LeaseWave will allow us to consolidate disparate legacy platforms, providing increased automation and improved service for ourbroker and vendor partners.”

“Today's business climate demands that leasing companies operate in the most efficient manner possible,” says Kevin Schroeder, Senior VicePresident at Odessa. “Through its unique combination of mature and sophisticated functionality built on cutting-edge technology, LeaseWaveoffers a proven solution. Bennington will leverage LeaseWave’s configurable automation capabilities and workflow-driven design, eliminatingmanual workarounds and significantly improving process efficiency. Beyond these core system benefits, LeaseWave will also bring further value toBennington through its broker, customer and vendor portals with state of the art, real time self-service capabilities.”

About Bennington Financial

Bennington is one of the largest independent commercial leasing companies in Canada, operating under the Equirex Leasing and Bodkin Capitalbrands. Bennington provides comprehensive corporate services for both brands in the areas of accounting, treasury, human resources,information technology, collections, asset recovery and legal support.

Equirex Leasing Corp was established in 1996 and provides customized commercial equipment leasing solutions for large and small businesses.It specializes in the sub-prime market segment and is well known for its unique products and services. To learn more about Equirex, please visit

Bodkin Capital Corporation is one of Canada's oldest equipment and vehicle leasing companies and has been in business for over 50 years. Thecompany specializes in the prime and near-prime market segment. To learn more about Bodkin, please visit

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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