Pinnacle Financial Partners Selects ShawSpectrum Floorplan and Dealer Workbench

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HOUSTON (January 19, 2012) -Shaw Systems Associates, Inc. announced that Pinnacle Financial Partners has licensed ShawSpectrum Floorplan and Dealer Workbench

Floorplan and Dealer Workbench is a strategic initiative for Pinnacle as it enables them to be competitive with larger financial institutions.

ShawSpectrum Floorplan is Shaw Systems’ total solution for dedicated floorplan accounting. Shaw provides unlimited types of wholesale financing options for lenders’ dealer networks. Shaw’s Floorplan application helps grow wholesale business and improve operational efficiency. Many unique credit line types and other products can be created.

Shaw Systems offers the most up-to-date dealer support systems with an integrated, browser-enabled dealer interface that can be deployed across the Internet or a company’s own Intranet. Dealer Workbench provides dealers with direct access to their floor plan portfolios. This innovative solution moves the work flow out to the dealers, reducing internal transaction processing.

About Pinnacle
Founded in 2000, Pinnacle Financial Partners is the largest financial institution headquartered in Nashville and the second largest bank holding company based in Tennessee. The company provides a full range of banking, investment, mortgage and insurance products and services designed for small- to mid-sized businesses and their owners and individuals interested in a comprehensive relationship with their financial institution.

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Fortiva Financial Signs 5-Year Hosting Agreement for COLLECTIONS and RETAIL

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HOUSTON (January 5, 2012) -Shaw Systems Associates, Inc. announced that Fortiva Financial has signed a 5-year hosting agreement for COLLECTIONS and RETAIL.

The company will use COLLECTIONS and RETAIL to service installment loans, payroll loans, and revolving lines of credit.

RETAIL supports a myriad of consumer loan products with integrated features to automate processes and navigate the dynamic credit landscape. RETAIL supports loans, lines of credit, home equity, dealer/indirect, floor plan, commitments, securitization, and insurance/products.

COLLECTIONS is a customer-centric collections and portfolio management solution that accommodates every phase of an account’s life cycle. The software manages multiple product types including loans, leases, lines of credit, credit cards, mortgages, DDA, NSF, and other receivables.

About Fortiva
Fortiva Financial offers retailers lending solutions that make retail products and services accessible and affordable for consumers. They develop proprietary analytic and collections capabilities to approve applicants who may be declined by a traditional credit issuer. Fortiva provides retail partners with online application processing, automated funding, sales training, and innovative technology. In turn, retailers can provide their customers with affordable products and services, competitively priced lending options, fixed monthly payments, and extended repayment schedules.

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UMB Licenses Shaw’s Operations Workbench for COMMERCIAL and RETAIL

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HOUSTON (January 4, 2012) -Shaw Systems Associates, Inc. announced that UMB Bank has licensed Operations Workbench for COMMERCIAL and RETAIL.

Shaw Systems’ Operations Workbench provides a rich, web-based user interface that streamlines data entry and interprets customer information in a user-friendly manner. All customer and account codes are translated to their equivalent business description including installation-specific characteristics. Operations Workbench efficiently manages all user events within the application environment. Users can easily navigate to every portion of the portfolio, based on their security, and business rules are extended to control their actions.

About UMB
UMB Financial Corporation (NASDAQ: UMBF) is a diversified financial holding company headquartered in Kansas City, Mo., offering complete banking, asset management, health spending solutions and related financial services to commercial, institutional and personal customers nationwide. Its banking subsidiaries own and operate banking centers throughout Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska and Arizona.

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UMB Bank Licenses Shaw Systems’ Asset-Based Lending Subsystem

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HOUSTON (January 3, 2012) -Shaw Systems Associates, Inc. announced that UMB Bank has licensed Shaw’s Asset-Based Lending subsystem for COMMERCIAL.

Accounts Receivable, or Asset-Based, Processing is an optional component of the COMMERCIAL system. Accounts Receivable processing takes advantage of a variety of COMMERCIAL functions, including commitment accounting, loan accounting, collateral accounting, and reporting.

About UMB
UMB Financial Corporation (NASDAQ: UMBF) is a diversified financial holding company headquartered in Kansas City, Mo., offering complete banking, asset management, health spending solutions and related financial services to commercial, institutional and personal customers nationwide. Its banking subsidiaries own and operate banking centers throughout Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska and Arizona.

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Subprime Lender is Shaw Systems’ Newest RETAIL and COLLECTIONS Client

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HOUSTON (December 1, 2011) -Shaw Systems Associates, Inc. announced that a new subprime lending entity is Shaw’s newest subscriber to RETAIL and COLLECTIONS via the SaaS deployment option, Shaw Hosting Solutions. The new client, who is currently preparing an announcement of their business launch, will benefit from the functionality of Shaw’s proven lending and collections software while avoiding the expense of licenses, hardware, deployment, system management, and maintenance fees.

Now Shaw Systems’ clients have a choice of how to utilize the best software in the industry: a traditional licensing scenario, a hosted option, or a customized blend that suits their preferences.

RETAIL supports a myriad of consumer loan products with integrated features to automate processes and navigate the dynamic credit landscape. RETAIL supports loans, lines of credit, home equity, dealer/indirect, floor plan, commitments, securitization, and insurance/products.

COLLECTIONS is a customer-centric collections and portfolio management solution that accommodates every phase of an account’s life cycle. The software manages multiple product types including loans, leases, lines of credit, credit cards, mortgages, DDA, NSF, and other receivables.

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Stillwater National Bank and Trust Company Licenses COLLECTIONS

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HOUSTON (October 12, 2011) -Shaw Systems Associates, Inc. announced that Stillwater National Bank and Trust Company (SNB) has selected Shaw’s COLLECTIONS software to improve collections and customer service operations and adapt to current market conditions.

Stillwater sought a substantial collections solution that maximized automation, prioritized work, provided role-based views and queuing of accounts, managed risk, and offered a rapid return on investment by multiplying the effectiveness of existing resources.

The $2.7 billion bank concluded that Shaw’s COLLECTIONS product could help them achieve their goals in the most efficient manner possible. The system will automate routine tasks, reports, and business processes; provide a 360-degree customer view; and enhance Stillwater’s collection strategies. In addition, COLLECTIONS’ data-driven architecture will help support business intelligence.

COLLECTIONS is a customer-centric collections and portfolio management solution that accommodates every phase of an account’s life cycle. The software manages multiple product types including loans, leases, lines of credit, credit cards, mortgages, DDA, NSF, and other receivables.

About SNB
Stillwater National Bank and Trust Company (SNB) is a subsidiary of Southwest Bancorp, Inc. Founded in 1894, SNB is headquartered in Stillwater, Okla., and currently has assets of $2.7 billion with offices in Oklahoma and Texas. SNB offers commercial and consumer lending, deposit, investment services, specialized cash management, and other financial services.

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UMB Bank Renews Multi-Year Maintenance Agreement for Multiple Shaw Software Products

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HOUSTON (August 15, 2011) -Shaw Systems Associates, Inc. announced that UMB Bank has renewed its software maintenance agreements for COMMERCIAL, RETAIL, CREDITSTREAM, and COLLECTIONS.

COMMERCIAL is a comprehensive solution for managing a diverse commercial lending portfolio, providing complete operations, accounting, and reports for a commercial loan department. Loan products include Commercial/Corporate, Commercial Real Estate, Syndications, Participations, Letters of Credit, Consumer, SBA, and Asset-Based Lending.

RETAIL, the industry’s leading consumer lending solution, supports a myriad of loan products with integrated features for automation and account management. The product services loans, lines of credit, home equity, dealer/indirect, floorplan, commitments, securitization, and insurance.

CREDITSTREAM is an advanced pipeline, tracking, and workflow solution with facilities for managing deal, customer, and loan/lease components, including reporting.

COLLECTIONS is a comprehensive, 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.

About UMB
UMB Financial Corporation (NASDAQ: UMBF) is a diversified financial holding company headquartered in Kansas City, Mo., offering complete banking, asset management, health spending solutions and related financial services to commercial, institutional and personal customers nationwide. Its banking subsidiaries own and operate banking centers throughout Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska and Arizona.

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CIT Renews Multi-Year Maintenance Agreement for Shaw Systems’ COMMERCIAL Software

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HOUSTON (August 5, 2011) -Shaw Systems Associates, Inc. announced that Livingston, New Jersey-based CIT has renewed its COMMERCIAL software maintenance agreement.

COMMERCIAL supports a myriad of loan products with integrated features to automate processes and navigate the dynamic and competitive commercial lending landscape. Commercial loan products include: Corporate, Real Estate, Construction, Syndications, Participations, Letters of Credit, SBA, and Asset-Based Lending. All accrual methods are supported, and new products can be created quickly.

About CIT
Founded in 1908, CIT (NYSE: CIT) is a bank holding company with more than $35 billion in financing and leasing assets. A member of the Fortune 500, it provides financing and leasing capital to its more than one million small business and middle market clients and their customers across more than 30 industries. CIT maintains leadership positions in small business and middle market lending, factoring, retail finance, aerospace, equipment and rail leasing, and global vendor finance.

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United Auto Credit Corporation Selects RETAIL and COLLECTIONS Software from Shaw Systems

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HOUSTON (May 11, 2011) - Shaw Systems Associates Inc. announced that United Auto Credit Corporation (UACC) has selected Shaw's RETAIL and COLLECTIONS software to manage its auto loan servicing and collection operations.

UACC, a non-prime auto loan servicer based in Irvine, CA, sought to replace their homegrown auto loan servicing and collection systems with products that were stable, simple to customize, and would easily integrate with their existing general ledger package. After considering several other vendors, UACC selected Shaw Systems as the solution of choice.

Shaw will build workflow processes such as bankruptcy, repossession, remarketing, and insurance and ensure ancillary systems information can be imported into both RETAIL and COLLECTIONS systems.

RETAIL supports a myriad of consumer loan products with integrated features to automate processes and navigate the dynamic and competitive landscape. RETAIL enables companies to accommodate consumer loans, lines of credit, home equity, dealer/indirect, floorplan, commitments, securitization, and insurance/products.

COLLECTIONS is a customer-centric collections and portfolio management solution that accommodates every phase of an account's life cycle. The software manages multiple product types including loans, leases, lines of credit, credit cards, mortgages, DDA, NSF, and other receivables.

About United Auto Credit
United Auto Credit Corporation (UACC), established in 1996, purchases primarily non-prime retail automobile sales contracts. The company markets to franchise and independent auto dealers whose customers have limited or impaired credit histories and generally cannot obtain financing from traditional lenders. UACC is a wholly owned subsidiary of United PanAm Financial Corporation (UPFC). UACC's corporate headquarters is located in Irvine, CA, and they service their portfolio in several locations, including a call center in Hurst, TX.

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Shaw Systems Hosts Clients and Industry Partners at 2011 Solutions Beyond Software Workshop in Lake Tahoe

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HOUSTON (March 31, 2011) - Business and technology professionals from around the country convened in Lake Tahoe March 20-23 for Shaw Systems Associates’ Solutions Beyond Software Workshop.

Clients from financial institutions as diverse as Wells Fargo, Alliance Laundry Systems, Banco Popular, and Alaska USA Federal Credit Union gathered at the Hyatt Regency Lake Tahoe to learn how to optimize their Shaw software products.

The conference kicked off with a video message from Shaw founder and President Roy Shaw, Jr., which was followed by the keynote address from Chief Operating Officer Cyndy Stone, Vice President of Product Strategy Dennis Goforth, and Senior Operations Manager Chris Shaw.

Here is a sampling of the dozens of breakout session topics:

• Understanding the New Regulations & Their Impact on COMMERCIAL & RETAIL
• Managing the Entire Distressed-Debt Life Cycle with COLLECTIONS
• New Frontiers in Accounting
• Maximize Recoveries and Improve Process Flows with SPECTRUM   RECOVERY
• Integrating Shaw Products into Your Web Strategy
• Achieve Success with COMMERCIAL SBA Processing
• Creating Value Using RETAIL Insurance

Sessions were well-received and elicited positive feedback, including these comments:
"Good exchange with partners in the industry."
"I learned what other banks are doing and what Shaw is thinking about for the future."
"I learned some new accounting rules that I didn't know."

Industry partners CMSI, Black Book, Tanen, LexisNexis, and iRepo showcased their solutions during some of the breakout sessions.

"The collaborative nature of the Workshop reminds us how important it is to stay in touch with our clients to share how their Shaw software products are being improved, enhanced, and expanded to make their jobs easier," said Chief Operating Officer Cyndy Stone. "Our clients were complimentary of our products and services and the professionalism of our staff. Several people commented that it was the best workshop from any vendor that they had ever attended, and noted the high volume of information and learning that occurred."

To see photos from the event, go to Shaw’s Facebook page: http://www.facebook.com/ShawSystemsAssociates.

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Shaw Systems Partners with CyrusOne and Net Star to Provide Hosting Solutions for Financial Services Clients

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HOUSTON (March 21, 2011) - Shaw Systems Associates, Inc. announced that it has partnered with CyrusOne and Net Star to offer a hosted, software as a service (SaaS) deployment option that reduces the financial, staffing, and IT equipment costs associated with conventional licensed solutions.

Subscribers to Shaw Hosting Solutions benefit from the functionality of Shaw’s proven lending, collections, and recovery software while avoiding the expense of software licenses, hardware, deployment, system management, and maintenance fees.

Now organizations have a choice of how to utilize the best software in the industry: a traditional licensing scenario, a hosted option, or a customized blend that suits their preferences. In addition to significant cost savings, Shaw Hosting Solutions provides reliability, scalability, security, and performance. With this deployment option, Shaw can support companies with their implementation, custom development, testing, and/or disaster recovery.

"Shaw Hosting Solutions can help companies gain a competitive advantage, ensure compliance, access current features, and accomplish more with less by utilizing our technical and business expertise in a deployment model that fits their enterprise needs," said Shaw’s Chief Operating Officer Cyndy Stone.

About CyrusOne
CyrusOne is a leader in high-availability, high-density data center services, offering colocation and implementation services for companies in a wide range of industries. Owned by Cincinnati Bell, CyrusOne is a Tier IV SLA facility, providing SAS 70 II compliant service. A Tier IV facility is composed of multiple active power and cooling distribution paths, has redundant components, and is fault tolerant, providing 99.995% availability.

About Net Star
Net Star provides Wireless Internet, Satellite Internet Web Hosting, Server Colocation, and a host of other Internet Services. Net Star employs the latest hardware and software, and constantly researches emerging technology.

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UPS Capital Business Credit Renews Multi-Year Maintenance Agreement for Shaw’s COMMERCIAL Software

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HOUSTON (December 10, 2010) - Shaw Systems Associates, Inc. announced that UPS Capital Business Credit has renewed its COMMERCIAL software maintenance agreement.

COMMERCIAL supports a myriad of loan products with integrated features to automate processes and navigate the dynamic and competitive commercial lending landscape. Commercial loan products include: Corporate, Real Estate, Construction, Syndications, Participations, Letters of Credit, SBA, and Asset-Based Lending. All accrual methods are supported, and new products can be created quickly.

About UPS Capital Business Credit
UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including the transportation of packages and freight; the facilitation of international trade, and the deployment of advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide.

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Nationwide Acceptance Renews Multi-Year Maintenance Agreement for Shaw Systems’ COLLECTIONS Software

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HOUSTON (November 15, 2010) - Shaw Systems Associates, Inc. announced that Nationwide Acceptance Corporation has renewed its maintenance agreement for Shaw’s COLLECTIONS software.

COLLECTIONS is a comprehensive, 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.

About Nationwide
Nationwide Acceptance Corporation is comprised of a group of companies that has been providing quality financial services to consumers and businesses since 1954, and is today one of the largest independently-owned finance companies in the nation. The organization has a consistent record of growth and innovation and is one of the most reputable and reliable independent sub-prime auto lenders in the country. Their businesses include personal loans, automobile retail sales financing and collection services.

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Central Bancompany Signs a Multi-Year Maintenance Renewal Agreement for Shaw Systems’ COMMERCIAL Software

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HOUSTON (October 26, 2010) - Shaw Systems Associates, Inc. announced that Central Bancompany has renewed its COMMERCIAL software maintenance agreement for a multi-year term.

COMMERCIAL supports a myriad of loan products with integrated features to automate processes and navigate the dynamic and competitive commercial lending landscape. Commercial loan products include: Corporate, Real Estate, Construction, Syndications, Participations, Letters of Credit, SBA, and Asset-Based Lending. All accrual methods are supported, and new products can be created quickly.

About Central Bancompany
Central Bancompany is a $9.6 billion, Missouri-based, bank holding company with 13 full-service, community banks and more than 235 locations in 66 communities serving consumers and businesses in Missouri, Kansas, Illinois and Oklahoma.

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Zions Bank Implements RECOVERY

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HOUSTON (June 21, 2010) - Shaw Systems Associates Inc., the leading provider of business solutions to the lending industry, announced that Zions Bank has implemented Shaw’s RECOVERY product.

RECOVERY is now the system of record for all Zions bank subsidiaries for managing post charge-off accounts including Commercial, Consumer, Construction, Overdrafts, Mortgages, Leasing, Flooring, Bankcard, and Credit Lines.

Zions needed to standardize current processes used by all of its affiliate banks to charge off loans, improve financial reporting and regulatory reporting requirements including future Basel mandates, and enable cradle to grave tracking of charge-offs. With RECOVERY, Zions will capture and analyze all credit product types as well as regulate accounting practices. Functionality includes customer tracking, accounting, workflow, queuing, statements, and reporting (tax, credit bureau, and portfolio).

RECOVERY is a comprehensive receivables management solution encompassing collections, accounting, and workflow. The product becomes the system of record for all account types and enables customers to maximize recoveries by targeting dollars at risk, improving process flows, and effectively managing agency relationships.

"RECOVERY’s service-oriented architecture will provide Zions with advanced business rules management, reduced integration expenses, and increased business agility," said Vice President and Zions Relationship Manager Bill Schwartz.

About Zions
Zions Bancorporation, with assets of approximately $53.3 billion, is one of the nation's premier financial services companies, operating approximately 500 offices in 10 Western and Southwestern states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, and Washington. The company is a national leader in Small Business Administration lending and public finance advisory services.

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Frost Bank Renews Multi-Year Maintenance Agreements for Three Shaw Systems Products

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HOUSTON (June 1, 2010) - Shaw Systems Associates Inc., the leading provider of business solutions to the lending industry, announced that Frost Bank renewed its RETAIL, COMMERCIAL, and COLLECTIONS software maintenance agreements. The multiyear agreements continue Frost Bank’s 30-year relationship with Shaw Systems.

RETAIL, the industry’s leading consumer lending solution, supports a myriad of loan products with integrated features for automation and account management. The product services loans, lines of credit, home equity, dealer/indirect, floorplan, commitments, securitization, and insurance.

COMMERCIAL supports a myriad of loan products with integrated features to automate processes and navigate the dynamic and competitive commercial lending landscape. Commercial loan products include: Corporate, Real Estate, Construction, Syndications, Participations, Letters of Credit, SBA, and Asset-Based Lending. All accrual methods are supported, and new products can be created quickly.

COLLECTIONS is a comprehensive, 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.

About Frost Bank
Cullen/Frost is a San Antonio-based financial holding company with assets of $16.3 billion. The corporation provides a full range of commercial and consumer banking products, investment and brokerage services, insurance products, and investment banking services. Its subsidiary, Frost Bank, operates 112 financial centers across Texas. Founded in 1868, Frost is the largest Texas-based financial institution that operates only in Texas.

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Crescent Bank & Trust Selects Shaw’s RETAIL & COLLECTIONS Products

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HOUSTON (May 21, 2010) - Shaw Systems Associates Inc., the leading provider of business solutions to the lending industry, announced that Crescent Bank & Trust has selected Shaw's RETAIL and COLLECTIONS products.

After an extensive evaluation of the available vendor options, Crescent decided to partner with Shaw to provide an enterprise-wide solution. Operating more than 35 locations in 19 states, Shaw’s solutions will be deployed to over 500 users. Crescent required a product that would help them achieve the following goals:

• Automate consumer loan servicing processes
• Obtain business faster and at a lower cost
• Centralize collections and account tracking
• Automate business processes and routine tasks
• Improve productivity of collectors with enhanced collection strategies

Crescent required a tightly integrated and robust platform that shares customer data across their enterprise. The ability to tailor the solution for individual departments enables staff to have faster access to important data and provide rapid and better quality customer service.

RETAIL supports a myriad of consumer loan products with integrated features to automate processes and navigate the dynamic and competitive landscape. RETAIL supports consumer loans, lines of credit, home equity, dealer/indirect, floorplan, commitments, securitization, and insurance/products.

COLLECTIONS is a customer-centric collections and portfolio management solution that accommodates every phase of an account's life cycle for collections and recovery. COLLECTIONS manages multiple product types including loans, leases, lines of credit, credit cards, mortgages, DDA, NSF, and other receivables.

About Crescent Bank & Trust
Crescent Bank & Trust specializes in sub-prime auto financing. Established in 1991 in New Orleans, Crescent has grown to over 35 locations in 19 states. Crescent provides thousands of auto dealerships with an alternative for the sub-prime customer.

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Alliance Laundry Systems Selects Shaw Systems’ COMMERCIAL and COLLECTIONS Products

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HOUSTON (September 9, 2009) - Shaw Systems Associates Inc., the leading provider of business solutions to the lending industry, announced that Alliance Laundry Systems LLC has selected Shaw's COMMERCIAL and COLLECTIONS products.

Alliance needed a more flexible servicing solution to manage their loan portfolio for laundry clients ranging from coin operated, multi-housing, on-premises, and institutional. Shaw's COMMERCIAL system met all of Alliance's servicing requirements. COLLECTIONS will assist with customer service relationship and delinquency management.

COMMERCIAL supports a wide array of loan products with integrated features to automate processes and navigate the dynamic and competitive landscape. Commercial loan products include Corporate, Real Estate, Construction, Syndications, Participations, Letters of Credit, SBA, and Asset-Based Lending. All accrual methods are supported, and new products can be created quickly.

COLLECTIONS is a sophisticated, customer-centric collections and portfolio management solution. This full-featured product accommodates every phase of an account's life cycle for Collections and Recovery. COLLECTIONS manages multiple product types including loans, leases, lines of credit, credit cards, mortgages, DDA, NSF, and other receivables.

About Alliance Laundry Systems
Alliance Laundry Systems manufactures products under the well known brand names of Cissell, Huebsch, IPSO, Speed Queen, and UniMac. Their brands are supported by an extensive network of distributors and route operators throughout the world.

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Pacific Capital Bank and First Interstate Bank Upgrade Their COLLECTIONS Software from Shaw Systems

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HOUSTON (July 6, 2009) - Shaw Systems Associates Inc., the leading provider of business solutions to the lending industry, announced that Pacific Capital Bancorp and First Interstate Bank have both upgraded their Shaw COLLECTIONS software solutions.

Each bank upgraded to the latest version of the software, taking advantage of the following enhancements:

• Extended Search and Dynamic Scan-a-List
• Extended Primary Account Screens
  • Payment Schedule(s) Screen
  • Multiple Collateral Information Screen
  • Origination Data Screen
  • Year-to-date/Life-to-data Data Screen
  • Participation Data Screen
  • Multiple Relationship Links Screen
• Extended Relationship Keys
• Extended Monetary History
• Activity Process Form Interface
• Real-time User Access Time Tracking
• One-Time ACH Enhancements
• Collector Personal Preference Configuration Screen
• Browser Shortcuts to Third-party Vendors

Pacific Capital Bancorp and First Interstate Bank use the product to centralize collections and account tracking for a variety of applications, automate business processes and routine tasks, improve productivity of collectors with enhanced collection strategies, and enhance customer service.

About Pacific Capital Bancorp
Pacific Capital Bancorp, (Nasdaq:PCBC) is the holding company for Pacific Capital Bank, N.A., the largest independent banking company headquartered on the Central Coast of California. With 48 branches and $7.4 billion in assets, the company operates under the local brand names of Santa Barbara Bank & Trust, First National Bank of Central California, South Valley National Bank, San Benito Bank, and First Bank of San Luis Obispo.

About First Interstate Bank
First Interstate Bank is a multi-state, $6 billion banking organization headquartered in Billings, Montana. First Interstate has evolved since 1968 from a single bank in Sheridan, Wyoming, to operating over 50 branches and over 100 ATMs in Montana and Wyoming.

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Scotiabank Expands Its COLLECTIONS License with Shaw Systems

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HOUSTON (March 6, 2009) - Shaw Systems Associates Inc., the leading provider of business solutions to the lending industry, announced that Scotiabank has expanded its user license for COLLECTIONS.

Scotiabank has broadened its use of COLLECTIONS internally and has extended the solution out to a significant number of additional desktops. The bank leverages COLLECTIONS in its loan/lease operations area to execute bank 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
Scotiabank is one of North America's premier financial institutions and Canada's most international bank. Through its team of 69,000 employees, Scotiabank and its affiliates offer a broad range of products and services, including personal, commercial, corporate and investment banking, to more than 12.5 million customers in some 50 countries around the world.

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Suncorp Signs Multiyear Maintenance Contract Extension for Shaw Systems’ COLLECTIONS Software

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HOUSTON (December 3, 2008) - Shaw Systems Associates Inc., the leading provider of business solutions to the lending industry, announced that Suncorp has renewed its COLLECTIONS software maintenance agreement

Suncorp, Australia's sixth-largest bank, uses COLLECTIONS to manage its collection processing for both its retail and business banking divisions. The software improves the bank'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 enables Suncorp to decrease losses, improve collections strategies, and streamline business processes. Suncorp is also making use of sophisticated reporting structures as well as integration with dialer and external letter generation services.

About Suncorp
Suncorp-Metway Ltd is one of Australia's top 25 listed companies and is Queensland's largest listed corporation. The Suncorp Group, Australia's sixth-largest bank, is a diversified financial services provider, supplying a full range of banking services including loans, savings and investment accounts, credit cards, and foreign currency services for retail and small to medium business customers.

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Zions Bancorporation Selects RECOVERY

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HOUSTON (September 12, 2008) - Zions Bancorporation, which operates more than 500 banking offices in ten Western and Southwestern states, has selected Shaw Systems' RECOVERY product to support its post charge-off collections and recovery management efforts. The bank subsidiaries include AmegyBank of Texas, California Bank & Trust, National Bank of Arizona, Nevada State Bank, The Commerce Bank of Oregon, The Commerce Bank of Washington, VectraBank Colorado, and Zions Bank.

The company will deploy RECOVERY as the system of record for all bank subsidiaries for managing post charge-off accounts including Commercial, Consumer, Construction, Overdrafts, Mortgages, Leasing, Flooring, Bankcard, and Credit Lines. Functionality includes customer tracking, accounting, workflow, queuing, statements, and reporting (tax, credit bureau, and portfolio).

Zions wanted to standardize current processes used by all of its affiliate banks to charge off loans, improve financial reporting and regulatory reporting requirements including future Basel mandates, and enable cradle to grave tracking of charge-offs. Zions will be able to capture and analyze all credit product types as well as regulate accounting practices.

RECOVERY's service-oriented architecture will provide Zions with sophisticated business rules management, reduced integration expenses, and increased business agility.

Zions, a 20-year client of Shaw Systems, already benefits from using Shaw's COMMERCIAL loan servicing solution. RECOVERY will interface with many of the bank's existing systems where the data relating to credit products and the charge-off information resides.

About Zions Bancorporation
Zions Bancorporation, with $53 billion in assets, is one of the nation's premier financial services companies, consisting of a collection of great banks in select high growth markets. Under local management teams and community identities, Zions operates over 500 full-service banking offices in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah and Washington. In addition, Zions is a national leader in SBA lending, public finance advisory services, and agricultural finance. The company is included in the S&P 500 Index.

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Dollar Bank Renews Banking Technology Agreement with Shaw Systems

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HOUSTON (August 20, 2008) - Shaw Systems Associates Inc., the leading provider of business solutions to the lending industry, announced that Dollar Bank has renewed its COMMERCIAL software maintenance agreement. The multiyear agreement continues Dollar Bank's 12-year relationship with Shaw Systems.

COMMERCIAL supports a myriad of loan products with integrated features to automate processes and navigate the dynamic and competitive commercial lending landscape. Commercial loan products include: Corporate, Real Estate, Construction, Syndications, Participations, Letters of Credit, SBA, and Asset-Based Lending. All accrual methods are supported, and new products can be created quickly.

About Dollar Bank
With assets of $5.8 billion, Dollar Bank is the largest independent mutual bank in the United States, employing more than 1,140 people with over 50 offices throughout southwestern Pennsylvania and northeastern Ohio.

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Alaska USA Federal Credit Union Implements COLLECTIONS and RECOVERY

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HOUSTON (July 22, 2008) - Alaska USA Federal Credit Union has deployed COLLECTIONS and RECOVERY to enhance productivity, minimize charge-offs, and increase recoveries.

Selecting and implementing a robust collection and recovery system was critical to Alaska USA due to increased lending volume and corresponding collections needs. Alaska USA wanted a collection and recovery system to exchange debtor data across product lines and perform analytical decision-making. Their main goals were to reduce costs and manage all phases of collections and recovery processes. The software had to handle pre- and post-charge off accounts, and have both internal and external empirical scorecard capabilities to determine dollars at risk and assign accounts appropriately to individual collectors or strategies.

Shaw Vice President and Alaska USA Relationship Manager Andy Reynolds said, "Shaw Systems teamed with professionals from Alaska USA to configure the system and map data from multiple source systems. While these were very complex exercises because of the diversity of Alaska USA's portfolio and because of a number of custom requirements, the two organizations worked closely together to reach this milestone. The resulting product is a very powerful and revolutionary solution."

About Alaska USA Federal Credit Union
Alaska USA Federal Credit Union is a not-for-profit, member-owned, financial services cooperative. Established in 1948, Alaska USA provides service to more than 310,000 members. Alaska USA is one of the largest federal credit unions in the U.S. and the primary provider of consumer credit in Alaska.

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BAI President & CEO Debbie Bianucci Discusses Financial Industry Trends at Shaw's 2008 Solutions Beyond Software Workshop

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HOUSTON (May 13, 2008) - Bank Administration Institute (BAI) President and CEO Debbie Bianucci addressed financial-industry personnel at The Drake Hotel in Chicago on April 21 to help kick off Shaw Systems' 2008 SOLUTIONS BEYOND SOFTWARE Workshop.

Bianucci communicated BAI's vision of key issues in the financial services industry, including the sub-prime crisis, the regulatory environment, workforce changes, and consumer credit risk management. She also provided the outlook for important industry insights and innovations such as Web 2.0 and its impact on how financial institutions interact with Internet-savvy retail customers.

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.

Clients from banks, auto finance companies, and other financial institutions across the country cite Shaw's SOLUTIONS BEYOND SOFTWARE Workshop as one of the most cost-effective ways to gain the tools and knowledge needed to optimize their Shaw products. Attendees immerse themselves in an environment of educational and networking opportunities during the multi-day event and return to the office armed with strategic insights for their day-to-day business challenges.

Breakout session topics included Delinquency and Charge-Off Processing, Getting the Most of Your Maintenance Plan, Staying Afloat with Prime, and multiple sessions exploring the latest enhancements and functionality in the current Shaw product releases.

Former NFL referee Jerry Markbreit closed the conference with a presentation about his 43 memorable years of officiating on the field and what those experiences taught him about courage, taking risks, and facing challenges head-on.

The 2009 SOLUTIONS BEYOND SOFTWARE Workshop is scheduled for March 22-25 at the Hyatt Regency Resort, Lake Tahoe, Nevada.


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Leading Global Financial Services Company Selects COLLECTIONS

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HOUSTON (March 19, 2008) - One of the world's largest automotive financing companies has licensed COLLECTIONS , Shaw Systems' award-winning collection and portfolio management solution.

The company, with operations in approximately 40 countries, will deploy COLLECTIONS to over 2,000 users located in 10 operations centers. COLLECTIONS will interface with a multitude of internal systems and third-party products as well as several productivity and behavioral scoring tools.

COLLECTIONS will be the sole application for managing the delinquency life-cycle from start to finish. The new Shaw Client, who requests to remain unpublicized, will leverage sophisticated Business Process Management workflow features for collections, account management, repossession, bankruptcy, and more. The software will enable the institution to manage multiple portfolios as well as execute senior management policy and procedures.


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COLLECTIONS Named One of the Top 100 Collection Technology Products for Third Year in a Row

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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


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Toronto-Based Scotiabank Licenses Collections for Travelers Financial

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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.

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