MINNETONKA, MN & PHILADELPHIA, June 3, 2014 – Winthrop Resources Corporation ("Winthrop"), an indirect subsidiary of TCF Financial Corporation (“TCF”) (NYSE: TCB), has gone live with a major upgrade to its existing LeaseWave® lease management platform by Odessa Technologies, Inc. (“Odessa”).
"Since Winthrop Resources first implemented LeaseWave, the industry and the needs of our clients have continued to evolved,” said Paul Gendler, President of Winthrop. “This upgrade provides new features, functionality and enhancements that enable Winthrop Resources to execute its strategic initiatives while adapting to a more dynamic marketplace.” Jim Humphrey, Senior Vice President of Sales and Marketing at Odessa, added: “LeaseWave is engineered specifically to be configurable and customizable to tailor-fit each leasing business, not just at implementation, but on an ongoing basis as requirements change. What makes Odessa unique is its ability and willingness to meet the needs of our existing customers on their timetables, even as we incorporate them into our overall product roadmap.”
About Winthrop Resources Corporation
Since 1982, Winthrop Resources has been providing strategic Technology Finance, Asset Lifecycle Management, and Equipment Financing to companies of all sizes. Since its founding, Winthrop has established an excellent reputation for providing "value added leasing," a strategy that ensures the highest quality customer service. Winthrop is a subsidiary of TCF Financial Corporation (NYSE:TCB), an $18.4 billion national bank holding company, and is headquartered in Wayzata, Minnesota. To learn more, visit winthropresources.com .
About TCF Financial Corporation
TCF is a Wayzata, Minnesota-based national bank holding company. As of March 31, 2014, TCF had $18.8 billion in total assets and 381 branches in Minnesota, Illinois, Michigan, Colorado, Wisconsin, Indiana, Arizona and South Dakota, providing retail and commercial banking services. TCF, through its subsidiaries, also conducts commercial leasing and equipment finance business in all 50 states, commercial inventory finance business in the U.S. and Canada, and indirect auto finance business in 48 states. For more information about TCF, please visithttp://ir.tcfbank.com.
About Odessa Technologies, Inc.
Odessa Technologies is a software company exclusively focused on the leasing industry. The company is headquartered in Philadelphia, Pennsylvania and employs a staff of 350 people. Odessa is the developer of the LeaseWave suite of products, a fully Internet-based lease management solution, providing an end-to-end lease and loan origination and portfolio management system for equipment leasing and finance and vehicle leasing and fleet management companies. The LeaseWave suite is specifically engineered to be configurable and customizable, and accommodate even the most complex of business models, as evidenced by its diverse customer base. Learn more about Odessa Technologies, Inc. and its services by visitingwww.odessatech.com.