APPRO debuts new Windows-based Small Business Credit Evaluation System; New 20/20 Small Business...

ATLANTA--(BUSINESS WIRE)--Dec. 5 1995--APPRO Systems, a leading provider of credit evaluation software for financial institutions nationwide, announced the Windows(R) version of its flagship 20/20 Small Business Lending System here at the BAI Retail Delivery Systems Conference. The software merges

The 20/20 Small Business Lending System is a complete PC-based, client/server software package that automates risk evaluation for small business loans. The Windows version incorporates the graphical ease of point-and-click access with the comprehensive risk evaluation capabilities of 20/20. APPRO customers will also have the ability to work simultaneously in multiple Windows applications while interfacing with existing DOS-based and host systems.

"In every facet of our industry, the graphical environment of choice is Windows in an open, client/server environment," said Craig Uffman, APPRO Vice President. "Windows is the future for the branch, at the teller-level and even the back office. We wanted to ensure that the Windows version of our applications would feature both the graphical ease as well as the open architecture that make it the environment of choice for financial institutions worldwide."

In creating 20/20 Small Business Lending System for Windows, APPRO engineers and programmers designed its open architecture to enable data and information transfer from disparate applications and databases. For example, Chase will use 20/20 in conjunction with a third-party supplied credit scoring model. APPRO team members developing the Windows version included Microsoft(R) Certified Systems Engineers and Novell(R) Certified Netware Engineers.(a)

"The functionality of our software is always designed with the end user in mind," Uffman continued. "Our customers select 20/20 for its flexibility. The software is designed to be maintained by the customer. As credit policies and market factors impact operations, our clients can program 20/20 to reflect those changes -- without costly re-writes or purchasing additional software code."

The Windows version will be available to current clients in a free upgrade beginning fourth quarter. 20/20 clients include super regionals Chase, Philadelphia-based CoreStates, and Canadian giant Canada Trust, as well as state-wide institutions Hibernia National Bank and Premier Bank of Louisiana.

APPRO Systems, Inc. founded in 1979, is privately held and managed. The company's family of credit assessment products is installed in more than 60 financial institutions nationwide. Along with the 20/20 Small Business Lending System, APPRO's products include its flagship MP-100 Risk Processor, a complete assessment package for consumer lending that evaluates multiple products and applicants, and the APPRO Auditor, an automated indirect loan closing package. Other APPRO clients include Bank of America, Crestar Bank, Seafirst Bank and Snap-On Tools.

APPRO Systems, Inc. is headquartered at 9489 Interline Avenue, Baton Rouge, LA 70809. For more information, contact Amanda Wesley, Communications Director, at (504) 922-4792 or by fax at (504) 922-4777. -0- NOTE TO EDITORS: (a) APPRO is a Certified Microsoft(R) Solutions provider.

CONTACT: APPRO Systems, Baton Rouge

Amanda Wesley, 504/922-4792

or

William Mills Agency, Atlanta

Mark Wheeler, 404/264-7204

wmamark@aol.com.