Omaha NE and Skokie IL, November 21, 2002 " LeaseTeam, Inc. (developers of LeasePlus^TM and Lease Sales Manager^TM) and PayNet announce the release of the LeasePlus feature that allows LeasePlus customers to automatically interface with the PayNet Information Network of Credit History information.

The new LeasePlus extract feature installs easily on LeasePlus systems, at no additional cost, and provides automatic data communication with PayNet.

Contribution of each member’s payment experiences is a pre-requisite for membership in the PayNet Information Network that now includes credit history on over $150 Billion in equipment finance loans and leases, and is exclusively endorsed by the Equipment Leasing Association (ELA).

Membership in PayNet gives lenders access to PayNet’s Credit History Reports, Summary Reports, and PayNet Ratings on commercial applicants and borrowers. Additional services available include a Credit Control Service, a Benchmarking Service, and other data analytics services.

Bob Rinaldi, Senior Vice President of Information Leasing Company in Cincinnati is the first live customer to use this LeasePlus extract and commented that he was “very pleased that LeasePlus added this new capability that has enabled us to easily report data to PayNet and use PayNet’s credit reports to make faster, more economical, and better informed credit decisions.”

To learn more about PayNet and the LeasePlus-PayNet interface now within LeasePlus, please contact Brad Smith us at 866-825-3400 or visit PayNet at www.paynetonline.com.

About LeaseTeam, Inc.

LeaseTeam, Inc. is a trusted provider of end-to-end leasing software solutions and application consulting services for the equipment leasing industry since 1989. Relied upon by more than 250 leasing businesses throughout North America, LeasePlus offers both in-house and ASP solutions to portfolio management with standard features such as billing, collection, servicing, amortization, and discounting. It provides full sales and use tax compliance, an automated buy-out calculator and records general ledger entries resulting from booked leases. Seamlessly integrated to LeasePlus, Lease Sales Manager is the leasing industry's most advanced front-end, e-commerce lease process software. Both in-house and ASP options provide a scalable alternative for sophisticated real-time pricing; automated workflow, user definable work lists, tasks, priorities, due date notification; custom document origination; and secure real-time reporting via the Web. LeaseTeam is headquartered in Omaha, NE. For more information, visit the LeaseTeam Web site at www.leaseteam.com.