News Release

McLeod Software Launches McLeod Financial Solutions

New division to help customers access bank rate funding to improve business productivity.

Birmingham, Alabama – Oct. 22, 2009 –– McLeod Software, a leading provider of transportation management software, announces the creation of an internal financing division, McLeod Financial Solutions. To address the tightening credit and financing options available within the marketplace, McLeod Financial Solutions offers flexible bank rate funding options for the purchase of McLeod’s wide array of transportation productivity tools. McLeod Financial Solutions’ prime objective is to help McLeod Software customers access both short- and longterm funding to improve their businesses.


"McLeod Financial Solutions focuses on the needs of our customers and prospective customers. As traditional lending sources have left the market, we’ve found our customers have fewer financial alternatives available to fund critical system purchases that can help drive business growth. McLeod Software designs products and solutions to improve our customers’ profitability. The right financing options help our customers get a much greater return on investment," says Rick Halbrooks, Vice President of Sales & Marketing for McLeod Software.


Financing technology upgrades have become more of a challenge for most trucking companies and brokers in recent months. McLeod Financial Solutions will offer customers a variety of financing options, including 100 percent financing plans, 0 percent interest programs and fixed rate long-term financing up to 72 months via a direct relationship with leading banks. Customers have indicated to McLeod management that one-stop shopping and turnkey programs including software, hardware, training and implementation in one monthly payment make sense to them in these tough economic times. "We know our customers and the products they purchase, as well as how to service the systems. This allows us to match a client’s credit position with the best financial packages available," says Halbrooks. "Our mission at McLeod is to provide solutions, not challenges. With McLeod Financial Solutions, obtaining funding to acquire our products will be one less challenge our customers have to face in the marketplace today. We want to make it easy to become a McLeod customer," he added.


McLeod Financial Solutions’ new financing options give customers who want access to sophisticated business solutions the power to upgrade now without having to draw on existing credit lines, cash reserves or request a major capital budget increase within their organization.


For more information on financing programs from McLeod Financial Solutions, visit www.McLeodSoftware.com or call 877 - 3McLEOD.


About McLeod Software

McLeod Software is a leading provider of transportation, brokerage and document management systems. Specifically developed for the trucking industry, McLeod’s advanced management solutions and services enable transportation companies to increase their efficiencies in all areas while reducing costs. McLeod Software's integrated best-in-class software products include LoadMaster® IX, PowerBroker™ II, DocumentPower™ Enterprise, HirePower™ and the iLENS™ product line. Founded in 1985 and headquartered in Birmingham, Alabama, the company serves truckload carriers and brokers throughout North America. For more information, contact McLeod Software toll free at 877-362-5363 or visit www.McLeodSoftware.com.

Media Contact:

Mark Stephens

Director of Special Events

McLeod Software

205-823-5100 tel.

205-823-0000 fax

Mark.Stephens@McLeodSoftware.com

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