Media Contact
Karl Scholz
karl@vprd.com

(512) 493-0909
Teres Solutions Appoints Kyle Kehoe Vice President of Sales
Financial Services Software Industry Veteran to Help Company Expand Market Adoption of Lending Automation Platform

AUSTIN, Texas – December 5, 2008 – Teres Solutions, Inc., a leading provider of direct and indirect lending software to credit unions and financial institutions, today announced it has named Kyle Kehoe the company’s vice president of Sales. In his new role, Mr. Kehoe will oversee all sales operations and strategy for the SAIL® lending platform, one of the top three lending automation platforms in the credit union and financial services industries.

“Kyle brings Teres Solution years of experience successfully selling financial services software to some of the world’s largest institutions and banks,” said Tim Kelly, CEO of Teres Solutions. “It’s an honor to have him join the team as his industry knowledge and acumen will prove invaluable as we continue our expansion in the financial services market.”

Mr. Kehoe has over 15 years experience in the financial services software business and the consumer lending market. He most recently served as regional sales manager for Yodlee, Inc., where he lead online banking sales efforts to top 50 financial institutions for products such as Account Opening, Funds Transfer and Personal Financial Management software. Previously, Mr. Kehoe led loan origination software sales in the mid-Atlantic region for Equifax Enabling Technologies – a company he joined when it was acquired by APPRO Systems in 2005. While at APPRO, Mr. Kehoe was the top producing regional sales manager. His industry expertise in direct, indirect, business, and internet-based loan origination solutions played a critical role in helping spur APPRO’s growth from 2000-2005. Previously, Mr. Kehoe held management roles in consumer and mortgage lending.

“Teres Solutions has made tremendous headway in the credit union loan origination market and the company’s solutions are also being recognized by a growing number of financial services institutions,” said Mr. Kehoe. “I’m honored to work with the management team at Teres Solutions to bring its technology offerings to new customers around the world.”
For more information on Teres Solutions, visit www.teressolutions.com.



About Teres Solutions, Inc.

A wholly-owned subsidiary of CRIF, Teres Solutions, Inc. was founded in 2002 for the express purpose of developing direct and indirect lending software products that define the state-of-the-art for the financial institution market. Its Software Application for Integrated Lending (SAIL) direct and indirect lending products allow financial institutions to streamline lending decisions, increase revenue through enhanced loan application processing efficiency, improve dealer and member relations, and augment loan tracking and reporting capabilities. Teres Solutions has been recognized as a Microsoft certified partner with accredited core competencies. Visit www.teressolutions.com for more information on Teres Solutions, its products and services.


Teres Solutions is a trademark of Teres Solutions, Inc. All other company and product names mentioned are used only for identification and may be trademarks or registered trademarks of their respective companies.


Media Contact:
Karl Scholz
For Teres Solutions, Inc.
(512) 493-0909
scholz@virtualprdirector.com


Company Contact:
Tim Kelly
Teres Solutions, Inc.
(512) 218-4200
info@teressolutions.com


© 2008 Teres Solutions, Inc. All Rights Reserved.