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CCS Increases Revenue 55 Percent in First Half of 2009

RICHARDSON, Texas, Aug. 19 /PRNewswire/ -- Custom Credit Systems (CCS), a provider of integrated, end-to-end, credit processing and maintenance systems for small business and commercial loan processing, announced an increase in its gross revenue of more than 55 percent for the first half of 2009 compared to the first six months of 2008. Additionally, the company released CustomLender(R) 4.7, which enhances the systems administration module to its flagship core lending automation product suite.

"CCS is comprised of veteran bankers that realize and understand the timely and urgent needs for financial institutions of all sizes to streamline their commercial lending processes in an end-to-end environment," said CCS president and CEO Brian Shaw. "CCS continues to provide the nation's top 10 banks and other tier-one institutions with commercial lending solutions that protect their investments and help speed their economic recovery and now, the company has added strong solutions that provide the same benefits to regional and community banks."

CCS attributes its revenue growth to expanded relationships with long-time clients as well as new relationships that have been developed, including well run, forward thinking organizations such as Chicago-based MB Financial Bank that selected CustomLender and will use its Loan Underwriting & Application Processing and Boarding & Servicing modules.

The company also held its annual user meeting in June enabling company executives, representatives from the TowerGroup as well as several other industry partners to share key insights to help clients best manage their business - from the simplest small business loans to the largest commercial real estate loans - with knowledge and flexibility. The meeting also addressed the instability of commercial loans and how financial institutions can best manage the increasing risk.

"We have seen an increase in interest from banks that want to be proactive about using technology to manage their commercial loan and commercial mortgage business," Shaw said. "These are the financial institutions that want to streamline their operations and provide better customer service so they will be prepared for many of the challenges that are ahead."

About Custom Credit Systems

Custom Credit Systems is a premier provider of integrated, end-to-end, straight through credit processing and credit maintenance systems, via its CustomLender(R) product suite and other specialty modules. Custom Credit Systems has supported the unique needs of the leading financial institutions in the United States for over 19 years. Several top ten financial institutions in the United States use Custom Credit Systems products to streamline their operations, provide better customer service and enhance their return to shareholders. The company is also a leading innovator of technology to support the complex processing needs of the financial services industry.

For more information visit the company's Web site at www.customcreditsystems.com.

SOURCE Custom Credit Systems