LAS VEGAS, Nev.  (Nov. 8, 2007) - Shaw Systems’ COLLECTIONS™ product was named one of 2007’s Top 100 Collection Technology Products during Collection Advisor Tech ’07 at the Bellagio Hotel in Las Vegas.

This is the third year the magazine bestowed an honor of this kind on products and services in the collection industry. 100 products were selected through 13 categories by the magazine’s editors based on reviews conducted over the past year, as well as reader response and feedback. The comprehensive list will be featured in the magazine’s January/February 2008 issue.

COLLECTIONS is a sophisticated, customer-centric collections and portfolio management application designed for banks, finance companies, credit unions, and other financial institutions. This full-featured product accommodates every phase of an account’s life cycle for loans, leases, lines of credit, credit cards, mortgages, DDA, and other receivables. Shaw Systems sets the standard in credit management and provides leading solutions to North America’s top companies, including a vast number of auto finance leaders.

COLLECTIONS is ideal for institutions of all sizes. Shaw has customers with millions of accounts and thousands of users and smaller institutions with lesser portfolios. COLLECTIONS streamlines the entire portfolio management process by providing managers with control from start to finish. This solution maximizes the effectiveness of associates and provides tools for managing compliance with industry, regulatory, and corporate standards
 

HOUSTON  (August 20, 2007) - Shaw Systems Associates, Inc., a leading provider of business solutions to the lending industry, announced today that BAI President and Chief Executive Officer Debbie Bianucci will speak at Shaw Systems’ 33rd annual SOLUTIONS BEYOND SOFTWARE Workshop at The Drake Hotel in Chicago on April 21, 2008.

"We are very pleased to host Debbie Bianucci during the Opening Session of our SOLUTIONS BEYOND SOFTWARE Workshop," said Cyndy Stone, Shaw Systems’ Chief Operating Officer. "BAI's vision of key financial services issues will be of keen interest to our client base and a terrific addition to our workshop agenda."

BAI is a leading professional organization devoted exclusively to improving the performance of financial services companies through strategic research, information, education, and training. Ms. Bianucci is also a member of the Board of Directors of the Chicago-based organization.

Ms. Bianucci has extensive experience and understanding of the business challenges facing financial services executives. Before being appointed CEO, she served in a variety of positions at BAI for fifteen years, and previously held senior-level positions with Morgan Stanley, Wells Fargo, and SunTrust Bank. She has authored numerous books and articles on financial services topics and holds a Bachelors of Arts Degree in Journalism and a Masters of Business Administration Degree, both from Drake University.

Shaw’s annual SOLUTIONS BEYOND SOFTWARE Workshop provides a forum for the company’s clients to gain critical insights and best-practices strategies centered around their Shaw software applications. The event features more than 30 concurrent educational sessions, networking opportunities, and valuable interaction with Shaw’s product experts.

For more information about the event, visit www.shawsystems.com/workshop.

HOUSTON  (July 2, 2007) - Scotiabank, one of North America's premier financial institutions and Canada's most international bank, has selected Shaw Systems’ COLLECTIONS product to support its delinquency and account management efforts for auto loans and leases.

The Travelers Automotive Finance division of Scotiabank focuses on financing automobile leases and loans within the marketplace originated through a network of pre-qualified automobile dealers across Canada. The bank was looking for a customer-centric delinquency management solution that could address multiple operational strategies such as collections and recovery, account management, customer service and operations.

Scotiabank will deploy Shaw's COLLECTIONS solution in its loan/lease operations area to execute business objectives and attain advanced control over business processes. Some of these include: delinquency management, bankruptcy, repossession, charge-offs, skip tracing, re-writes, lease extensions, fraud, customer tracking, legal and specialty, and operations.

COLLECTIONS is a sophisticated collections and portfolio management application designed for banks, finance companies, credit unions, and other financial institutions. This full-featured product accommodates every phase of an account’s life cycle for loans, leases, lines of credit, credit cards, mortgages, DDA, and other receivables.

About Scotiabank
With close to 57,000 employees and $396 billion in assets, Scotiabank Group and its affiliates serve approximately 12 million customers in some 50 countries around the world, offering a diverse range of products and services, including personal, commercial, corporate and investment banking.

LAS VEGAS, Nev.  (Dec. 7, 2006) - Collection Advisor magazine announced its selection of the Top 100 Collection Technology Products for 2006. The announcement was made by Harry A. Strausser III, president of Remit Corporation in Bloomsburg, Pa., former chair of the ACA and emcee of Tech ‘06.

This is the second year the magazine bestowed an honor of this kind on products and services in the collection industry, and was a highlight of TECH ’06, an educational forum for the collection profession sponsored by the magazine.

The Top 100 were selected through 13 categories by the magazine’s editors based on reviews conducted over the past year, as well as reader response and feedback. The comprehensive list will be featured in the magazine’s January/February 2007 issue, along with a companion story honoring the Top 50 Most Influential Collection Professionals for 2006.

COLLECTIONS™ is a sophisticated first-party, customer-centric collections application designed for banks, credit unions, finance companies, utilities, and other financial institutions. This full-featured product accommodates loans, leases, lines of credit, DDA, credit cards, student loans, mortgages, and other overdue accounts. Complex risk management strategies and business processes are managed at any phase of the account life cycle via integrated features and flexibility.

COLLECTIONS is ideal for both large operations with millions of loans and hundreds of collectors, and smaller shops with several thousand loans and a handful of collectors. COLLECTIONS streamlines the entire collection process by providing managers with control from start to finish, maximizing the effectiveness of collectors and ensuring compliance to company standards.

HOUSTON (May 11, 2006) - Shaw Systems Associates, Inc., a leading provider of business solutions to the lending industry, announced that CIT Group has licensed Shaw’s COMMERCIAL product to support its centralized loan accounting functions.

CIT Group will deploy Shaw’s COMMERCIAL solution in its Commercial Loan Operations area to achieve enhanced operational features, improved efficiencies, and a reduction in operating costs. The product will enable CIT to leverage automation around common daily tasks including some which are manual today. This enterprise solution will also better position the company for growth.

COMMERCIAL will provide CIT Group with the ability to meet the following goals:
- Define a single technology platform to support the business objectives of the organization
- Improve their ability to service customers
- Leveraging technology to achieve a competitive advantage
- Data availability to the commercial Data Mart to support end-to-end portfolio analysis
- Improve operational efficiencies
- Reduce overall operational costs

COMMERCIAL is a comprehensive and flexible lending system that supports all types of commercial loans products. Some of these include: Commercial, Bankers' Acceptances, Construction, Participations, Syndications, Commitments, Escrow, Mortgage, Leases, Foreign Currency, Tax Exempt, SBA, Non-performing, Letters of Credit, Floor Plan, and Commercial Finance. COMMERCIAL offers a broad array of features to allow financial institutions to quickly introduce new products and adapt existing ones.

About CIT Group
CIT Small Business Lending Corporation is the nation's leading provider of Small Business Administration loans. They take an innovative and service-oriented approach to funding the business initiatives of entrepreneurs in many diverse markets, including physicians, veterinarians, dentists, franchises, hospitality, early childhood education centers, assisted living facilities, funeral homes and convenience stores. They offer programs for commercial real estate, business succession, acquisition and franchises.

HOUSTON (April 27, 2006) - Shaw Systems Associates, Inc., a leading provider of business solutions to the lending industry, announced that Business Loan Express LLC, (BLX) has licensed Shaw’s COMMERCIAL and COLLECTIONS products to support its loan accounting, collections, and customer service functions.

BLX will deploy Shaw’s COMMERCIAL and COLLECTIONS solutions in its Loan Operations area to enhance operational business objectives. Shaw Systems' enterprise solutions will also better position the company for growth.

"While we've selected Shaw based on its features and technical merits, it's nice to work with quality people whenever possible,” said BLX’s Vice President, Accounting/Finance.

COMMERCIAL will provide BLX with the ability to meet the following goals:
- Significantly reduce manual activities
- Reduce operating costs
- Leverage automation and workflow
- Improve ability to service customers
- Leverage technology to achieve a competitive advantage
- Provide enterprise reporting and portfolio analysis

COMMERCIAL is a comprehensive and flexible lending system that supports all types of commercial loan products, including Commercial, Bankers' Acceptances, Construction, Participations, Syndications, Commitments, Escrow, Mortgage, Leases, Foreign Currency, Tax Exempt, SBA, Non-performing, Letters of Credit, Floor Plan, and Commercial Finance. The product offers a broad array of features to allow financial institutions to quickly introduce new products and adapt existing ones.

COLLECTIONS will provide BLX with the ability to meet the following goals:
- Use improved modeling and predictive analytics to measure and respond to account activities
- Focus on a more customer-centric business environment
- Leverage sophisticated workflow and business process management tools
- Execute management-defined operational needs
- Provide world-class user and portfolio reporting

"With recent changes in the economy, new consumer technology, and increased competition in the maturing lending market, managing accounts receivables is becoming more of a challenge," said Mike Moore, Shaw's Senior Account Executive. " Lenders are seeing an increase in delinquent dollars and customer attrition, while there has been a decrease in new accounts and applications. This increasing trend is making it more critical that companies become innovative in their approach to collections and recovery."

COLLECTIONS is an enterprise solution with significant market penetration. This solution is well documented and designed to be implemented quickly. Client resources find the system easy to use and administer. Shaw provides features for easily customizing the system, including over 1,000 user-defined fields and comprehensive workflow tools. Other user-defined features include screens, activities, queues, real-time statistics, and correspondence. The system is parameter-driven so users can customize the way the system processes account information. All of the controls are real-time and can be updated immediately, a vital feature in today’s rapidly changing financial environment.

About Business Loan Express
Business Loan Express LLC, (BLX) headquartered in New York, NY, is a non-bank financial services company specializing in making long term loans to small businesses and professionals for a variety of business and commercial purposes utilizing both Small Business Administration (SBA) and non-SBA (Conventional) loan programs. BLX is a licensed participant in the US Small Business Administration's 7(a) loan program and is a nationwide SBA Preferred Lender. BLX services a portfolio in excess of 3,300 loans totaling over $2.4 billion.

HOUSTON (April 5, 2006) - Shaw Systems Associates, Inc., a leading provider of lending solutions for financial institutions, announced that MacDill Federal Credit Union will implement COLLECTIONS, Shaw’s collection and customer service product.

The Tampa, Florida- based credit union needed to bring several core systems into one Collection solution that offered the following functionality:

• Real time payment processing
• Comprehensive statistical data
• Repossession tracking and inventory
• Foreclosures management
• Bankruptcy process flows
• Litigation (both pre- and post-charge-off)
• Recoveries tracking, including fraud

MacDill was thorough in its due diligence while selecting a collection solution. The credit union will leverage all aspects of COLLECTIONS, including user-defined workflow, activities, screens, correspondence, and enterprise reporting.

COLLECTIONS is a sophisticated first-party, customer-centric collections application designed for banks, credit unions, finance companies, and other financial institutions. Accommodating all types of accounts, COLLECTIONS manages complex risk management strategies and business processes at any phase of the account lifecycle via integrated features and flexibility.

About MacDill Federal Credit Union
Today, MacDill Federal Credit Union is recognized as one of the leading credit unions in the nation, with $1.6 billion in assets and serving more than 176,000 members.

HOUSTON (Jan. 17, 2006) - Shaw Systems Associates, Inc., a leading provider of lending solutions for financial institutions, announced that Ohio Savings Bank has selected the COLLECTIONS application to support the collection efforts of the company’s banking divisions.

Both organizations extended much effort to define the opportunities for improved operational control. A very competitive environment yielded a solution which met corporate priorities.

Ohio Savings Bank required a product that would help them achieve the following goals:
• Implement an enterprise Collection solution to execute management-defined operational needs
• Focus on a more customer-centric business environment
• Leverage and implement sophisticated collections and recovery workflow processes
• Increase efficiency and productivity measurements via comprehensive business planning and automation

An integral part of COLLECTIONS is the way it facilitates emerging management strategies and processes. "With the general increase in delinquency, it is becoming more important for companies, including our COLLECTIONS clients, to ensure that they are proactive in treating delinquency. Using improved modeling to target high risk, current, and early stage delinquency accounts, companies can proactively work with their customers to provide treatment remedies," said Michael Moore, Shaw Systems' Senior Account Executive.

About Ohio Savings Bank
Founded in Cleveland in 1889, Ohio Savings Bank has grown to nearly $16 billion in
assets and is one of the 20 largest mortgage lenders in the United States.

Las Vegas, Nev. (Nov. 17, 2005) - Collection Advisor magazine today announced its selection of the Top 100 Collection Technology Products for 2005. The announcement was made by Harry A. Strausser III, president of Remit Corporation in Bloomsburg, Pa., former chair of the ACA and emcee of the CAT Expo.

This is the first year the magazine bestowed an honor of this kind on products and services in the collections industry, and was a highlight of CAT Expo, an educational forum for the collections profession sponsored by the magazine.

“All of the companies honored as the Top 100 Collection Technology Products represent not only market leaders, but smaller, niche companies who present true innovation and insight within the industry,” says Editor/Publisher T. Allen Rose. “On behalf of the magazine, we are very pleased to bestow this honor on these very worthy companies.”

The Top 100 Collection Technology products are spread across 13 categories, including Commercial, Small Office, Mid-Range and High-End Collection Software; Scoring; Legal; Medical; Banking; Mailing Services; Electronic Payment; Skip Tracing; Predictive Dialers; and Interactive Voice Response. The comprehensive list will be featured in the magazine’s January/February 2006 issue, along with a companion story honoring the Top 50 Most Influential Collection Professionals for 2005 – another “first” honor of its kind for the profession.

About Collection Advisor magazine
Collection Advisor magazine is a national, bimonthly publication addressing collection management and technology in the profession. Each issue includes features and news about collection operations in companies and at agencies, reviews of software systems and collection tools, and opinion columns by many of the profession’s most influential experts. It now is in its fifth year of publication.

HOUSTON (Nov. 3, 2005) - Shaw Systems Associates Inc., the leading provider of business solutions to the lending industry, announced that the company and its employees donated almost $10,000 to The Salvation Army for Hurricane Katrina and Rita relief.

Houston employees also donated about $1,000 in food to the Houston Food Bank, and toys and personal items were given to area churches. Several employees volunteered their time at the George R. Brown Convention Center and local church shelters. “We at Shaw Systems chose to donate to The Salvation Army because 98 cents of every dollar goes to their humanitarian efforts,” said Roy G. Shaw, Jr., Chairman of Shaw Systems Associates, Inc. “Our employees recognized the urgent need of the victims of Hurricanes Katrina and Rita, and I salute their generosity and kindness.”

About The Salvation Army
Whether it be a local incident or a major disaster, Salvation Army staff and volunteers are often the first on the scene and the last to depart, honoring a century-old commitment to serve those in need, at the time of need, and at the place of need.  The red shield continues to be a beacon of compassion; of immediate aid, psychological support and spiritual counsel to individuals and families whose lives have been disrupted or shattered by forces beyond their control.  For more information on the Salvation Army’s hurricane relief efforts, go to www.salvationarmyusa.org.

HOUSTON (July 22, 2005) - Shaw Systems Associates, Inc., a leading provider of lending solutions for financial institutions, announced that Central Bancompany has selected Shaw’s COMMERCIAL™ application to process the bank's growing commercial loan portfolio.

Central Bancompany, based in Jefferson City, Missouri, wanted a commercial loan accounting software solution that offered the following functionality:
     • Advanced features, functions, and capabilities which meet dynamic business needs
     • A leading solution with annual enhancements and support for regulatory changes
     • A solution for improving efficiencies and reducing costs
     • Flexibility in defining products, fees, services, and reports
     • A solution to meet reduced operational and technical support requirements
     • A sophisticated database and reporting structure

Bob Boeckman, Senior Vice President and Manager of Information Systems at Central Bancompany, said, ”We conducted a thorough search for a flexible solution that would best support the loan products and services of Central Bancompany and its thirteen affiliate banks. We found that solution, and more, in Shaw’s COMMERCIAL product.”

COMMERCIAL is the leading commercial loan servicing application that provides complete operations and reporting. Functionality includes loan, commitment, participation, shadow note, and full fee processing. COMMERCIAL combines ease of use and flexibility with an institution’s commercial loan offerings to provide accurate, dependable information for reporting and interfaces.

About Central Bancompany
Central Missouri Trust Company was founded in 1902. Renamed Central Bank in 1987, parent company Central Bancompany, Inc. was formed in 1970 as a holding company of banks in the state of Missouri, currently operating 13 banks with nearly $7 billion in assets and headquarters in Jefferson City.

HOUSTON (July 19, 2005)- Shaw Systems Associates, Inc., a leading provider of lending solutions for financial institutions, announced that Suncorp, based in Brisbane, Queensland, Australia, has selected Shaw’s COLLECTIONS™ product to manage its collection processing for both its retail and business banking divisions.

COLLECTIONS will improve Suncorp’s ability to provide support for multiple collection teams and multiple products, such as loans, mortgages, leases, and credit cards. In addition, Shaw’s solution will enable Suncorp to decrease losses, improve collections strategies, and streamline business processes.

Suncorp has accounts residing in multiple systems on different platforms. The bank intends to run COLLECTIONS integrated with data from each source. Account data will be available company-wide via Shaw’s centralized data store. Suncorp is also making use of sophisticated reporting structures as well as integration with dialer and external letter generation services.

“Unique to COLLECTIONS is its ability to deploy strategies at both product and customer levels,” said Michael Richmond, Senior IT Consultant for Suncorp. “Suncorp is able to leverage Shaw’s sophisticated Business Process Management features, achieving considerable return on investment and improved management of risk.”

COLLECTIONS streamlines the entire collection process and increases collector productivity. The product places extensive amounts of organized account information at a collector’s fingertips. Management can control the collection process from start to finish, maximizing the effectiveness of collectors and ensuring compliance to company standards. In addition, COLLECTIONS manages complex risk management strategies and business processes at any phase of the account life cycle via integrated features and flexibility.

About Suncorp
The Suncorp Group is one of Australia’s leaders in banking, insurance, and investment. The Group focuses on retail consumers and small to medium business. Suncorp-Metway Ltd is one of Australia’s top 20 companies and is Queensland’s biggest corporation with a market value of around $10.9 billion. The Suncorp Group is Australia’s sixth-largest bank and fourth-biggest general insurance group. Customers have access to 172 Suncorp retail outlets, including branches and agencies and 57 business banking outlets, predominantly in Queensland.