BATON ROUGE, La.--(BUSINESS WIRE)--Jan. 17, 1997--

Customers can now get loans immediately over the telephone

Vysym Corporation and APPRO Systems, Inc. announced they will team up to integrate APPRO's market-leading credit evaluation application, MP-100 Risk Processor, with Vysym's TALIS automated telelending call center. TALIS allows consumers to obtain loan product information and enables callers to apply for credit 24 hours a day by telephone. By integrating TALIS with MP-100, financial institutions can instantly process and underwrite loan applications in one phone transaction.

"The two products complement each other extremely well," explained Steve Meissel, Vysym President. "The drive in our industry is to give customers greater flexibility and immediate responsiveness. This combination delivers on that expectation. With TALIS and MP-100, clients can increase loan volume without sacrificing credit quality and standards through automation."

TALIS provides callers with the financial institution's menu of lending products and guides them through the application process. By entering just a few fields of information specifying product type and verifying their account number, credit applicants are automatically processed for a loan. TALIS pulls credit reports and integrates with MP-100 for credit evaluation based on the institution's lending criteria.

Unlike other telelending systems available, TALIS and MP-100 perform all functions in the loan process from origination to approval. In addition, the integrated systems cross sell prospects on additional products for which they qualify. TALIS is currently being integrated with MP-100 at Union Federal Savings Bank in Indianapolis, a long time APPRO customer. In addition to selling to new prospects, the two companies will actively market to their respective customer bases.

"APPRO's MP-100 is an excellent credit analysis product," Meissel continued. "We've always pursued partnership with compatible applications, and this was a logical alliance. Flexibility over one's data is really the trend in today's market and anyone wishing to compete must provide their customers control over their data."

The MP-100 Risk Processor is server-based credit evaluation software that processes loan applications, evaluates risk, identifies additional eligible credit products for cross selling, and ensures that a bank's credit scoring policy is applied uniformly throughout the institution. Using the Rulemod feature, a table-based matrix, institutions can define the value of up to 800 attributes (such as a "30-day late" category) on more than 100 credit products to determine acceptable decline parameters.

"We're always looking for partnerships that improve our customer's responsiveness to their customers," commented Craig Uffman, President and COO of APPRO Systems. "Vysym also shares that vision and understands the market our customers find themselves in today. Because it really comes down to how well you serve your customer's needs. If they can get quicker response and more options from a competing financial institution, they will."

Vysym Corporation, headquartered in Irvine, California, pioneered 24 hour automated telelending with the introduction of TALIS (Telephone Application/Loan Information Systems) to the financial industry in 1989. Vysym also originated the TALIS Vehicle Pricing Feature; the industry's first automated car book valuation system in 1994. For more information, contact: Marketing Services, 33 Musick Street, Irvine, CA (800) 825-4493.

APPRO Systems, Inc. founded in 1979, is privately held and managed. The company's family of credit assessment products is installed in more than 90 financial institutions nationwide. Other clients include Bank of America, First Security Bank, Harris Bank, Hibernia National Bank, Regions Bank, San Francisco Employees Federal Credit Union, and Toronto-Dominion. Along with the MP-100 Risk Processor, APPRO's products include 20/20 Small Business Lending System, a complete assessment package for commercial lending that evaluates multiple applicants and products.

APPRO Systems, Inc. is headquartered at 9489 Interline Avenue, Baton Rouge, LA 70809. For more information, contact Johanna Pugh, Account Representative, at (504) 922-6893 or by fax at (504) 922-4777.

CONTACT: APPRO Systems

Craig Uffman, (504) 922-4730

or

William Mills Agency

Mark Wheeler, (404) 264-7204

wmamark@aol.com

or

Vysym Corporation

Steve Meissel, (714) 452-0840