For Immediate Release

London Bridge Group creates the new paradigm in the Credit

Management Software Market

Atlanta, GA - March 21, 2002 - London Bridge Group announces the launch of the next-generation integrated solution for all phases of the credit management cycle.

By combining the ultimate eCommerce solution for managing supply chains and partner relationships -- BridgeLink -- with its already proven integrated solution for collections and recoveries -- Debt Manager -- London Bridge presents the new paradigm in the Credit Management arena.

In 1989 London Bridge Group set the standard with the first fully integrated, customer-centric collection and recovery software solution, Debt Manager. Debt Manager was designed and developed from inception to seamlessly manage an organization’s entire collection and recovery portfolios, even complex collateral-backed portfolios. The solution is deployable in a variety of modern industry standard architectures utilizing true relational database technology.

Debt Manager continues to lead the field as the most flexible and functionally rich Credit Management solution available in the world, with major clients in more than twenty countries. Debt Manager is deployed and meets the demands in many key verticals including banking and financial services, automotive finance, telecommunications, utilities, and government.

London Bridge Group Credit Management software processes over $280 billion of receivables.

Today, London Bridge Group is building on its success in the collections and recovery world by integrating its BridgeLink service into all of its credit management software solutions.

BridgeLink is an Internet-based business-to-business (B2B) service that allows London Bridge clients to automatically invoke and manage external services for business partners via a transaction delivery network (TDN), while allowing the client to write the business rules for automating the processing of that information. All London Bridge Credit Management software products are fully integrated from the desktop and decision engines into the BridgeLink network hub, seamlessly automating and integrating third party service provider’s communication; such as credit bureaus, skip trace, scoring agencies, payment services and more.

London Bridge Group is the only software development company that can deliver and execute a true end-to-end solution that manages credit risk from collections and recoveries through supply chain management and partner relationship management.


About Debt Manager

• Debt Manager is the only fully integrated collections and recovery solution on the market conceived, designed, and developed from inception:

> as a seamless integrated Collection and Recovery solution based upon a single relational database: ensuring optimum functionality, performance and flexibility for all non-performing portfolios;

> as a true customer-centric multiple product/service solution to enable the identification, segmentation, prioritization and treatment of credit risk at both the customer and account level;

> as a relational database solution to manage both collateral-backed and non-collateral-backed loans with multiple relationships;

> as a rules-driven solution to deploy sophisticated and scalable strategies and work flow processes capable of securing optimum return on investment and controlled improvement in the management of risk;

Debt Manager is the only end-to-end single database collections and recovery solution, fully integrated with an advanced Internet-based business-to-business (B2B) transaction delivery network (TDN) that manages third parties involved in the credit life cycle.

About BridgeLink
BridgeLink is a web-centric transaction delivery network (TDN) with a client controlled rules-driven decisioning tool for automatically invoking and managing external business partner services. BridgeLink seamlessly connects London Bridge Group Collections and Recovery systems with the client’s third party service providers through a single interface; with minimum impact on an organizations IT infrastructure. Not only will BridgeLink automate the flow of information, it allows client organizations to write the business rules to automate the processing of that information.

About London Bridge Group
London Bridge Group has over 1,000 customers worldwide and provides a comprehensive and unique portfolio of software and eCommerce solutions; including Customer and Enterprise Management Software, Intelligent Banking Software, Credit Management Software and Mortgage Lending software.
London Bridge Group employs over 750 people worldwide and is headquartered in London in the UK and Atlanta, Georgia in the US. London Bridge Group also has offices in Alisa Viejo (CA), Orlando (FL), New York (NY), Denver (CO) in the US, Stratford-upon-Avon in the UK, New Zealand, Australia, South Africa and Singapore. Founded in 1987, London Bridge Group has continued to grow and expand through meeting the markets demand for innovative, efficient and effective solutions.

For further information visit http://www.london-bridge.com/

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