2008-10-21 00:08:02 -

- ECI, the proven leader of on-demand lending software, today announced a company name change to WebEquity Solutions(TM), LLC (WebEquity). In conjunction with the name change, the Company will also relocate its corporate headquarters from Glenwood, Iowa to downtown Omaha, Neb.

"The name change will help us focus our brand around what we are known for in the marketplace;

a proven track record in delivering innovative on-demand solutions that help our customers employ best practices and gain efficiencies in their lending businesses," said Doug McGregor, CEO of WebEquity.

More than 10,000 lending professionals use the WebEquity on-demand software to reduce operational costs and make more uniform and profitable credit decisions. Its flexible design offers institutions the unique benefit of a single solution that works for all loan types and streamlines the entire lending process.

Founded in 1985, the Company operated as ECI until it was acquired by the private equity firm Rational Equity, LLC in May 2008. Today the newly named WebEquity is sponsored by Funds with more than $1 billion of capital under management and is led by a highly experienced management team.

With the name change also comes a corporate headquarters change. WebEquity will complete the move of its corporate offices to downtown Omaha by year end. The new facility will better support the Company's growth strategies and is located adjacent to First National Technology Solutions (FNTS), the world-class datacenter which hosts the WebEquity on-demand software.

"ECI has achieved an average of forty-five percent growth over the last several years and has proven systems, loyal customers and strong recurring revenue," said McGregor. "The acquisition added experienced leadership to the management team and strong capital backing. This positions the company well to reach our next level of growth, and the move to our new headquarters will enable us to better serve our growing customer base."

WebEquity introduced its new name to customers and other lending industry participants at its 13th Annual Lending Conference last week. As part of the its rebranding effort, WebEquity has also launched its new brand look and website at www.webequitysolutions.com.

About WebEquity

WebEquity is the proven leader in on-demand lending software. More than 10,000 lending professionals use WebEquity to automate and streamline their lending process and reduce operational costs, while making more uniform and profitable credit decisions. The company offers financial institutions a distinct advantage with a single solution that works for all loan types, an on-demand model that provides centralized, anywhere access, and the flexibility to configure the system so it fits their lending practices. WebEquity serves institutions in the U.S., Canada and Australia. For more information call 800-264-0787 or visit www.webequitysolutions.com.

WebEquity
Dave McEvoy, 712-527-5216
VP Media and Promotions
dave.mcevoy@webequitysolutions.com