International Decision Systems® And U.S. Bank Expand
Strategic Partnership

MINNEAPOLIS, October 19, 2006 – International Decision Systems, Inc., the number one software provider to equipment finance companies, and U.S. Bank Portfolio Services, a leading back-office service provider, have announced plans for an expanded partnership. This partnership joins two market leaders in an effort to provide enhanced solutions to lessors throughout the industry.

U.S. Bank plans to supplement the portfolio management services it offers customers by expanding its use and third-party application of International Decision Systems products such as InfoLease® and Rapport®. In turn, the software provider will leverage U.S. Bank’s experience and expertise to enhance relationships with current and prospective clients. Together, the two organizations will add value for equipment lessors by providing a unique, flexible solution that can be tailored to the business life cycle of any organization.

According to Ron Dolan, Global Vice President of Sales for International Decision Systems, “Demand for equipment finance is on the rise in North America and creating substantial demand for third party service providers with a lease/loan origination system that will meet the evolving needs of lessors. The expanded relationship between U.S. Bank and International Decision Systems will provide viable solutions to startup organizations who might otherwise be deterred by the high costs of infrastructure and ongoing systems administration”. Dolan added, “This announcement is exciting news that will benefit many of our current and prospective customers and reflects International Decision Systems’ overall strategy to broaden its reach and increase sales of its software and services through new channels. We are committed to maximizing the positive impact of this partnership for organizations providing equipment leases and loans around the world.”

“We are proud of our enduring strategic partnership with International Decision Systems,” said Joe Andries, General Manager of U.S. Bank Portfolio Services. “We welcome the opportunity to enhance our offerings to mutual customers. The partnership complements our experienced personnel and well-defined processes to bring forth a complete servicing solution.”

About U.S. Bank Portfolio Services
U.S. Bank Portfolio Services (USBPS) is a business unit within the Business Equipment Finance Group of U.S. Bank. USBPS specializes in servicing non-bank owned assets. The organization partners with banks, investment firms, manufacturers, captives and independent lessors to offer flexible servicing solutions. USBPS also provides back-up servicing to mitigate servicer risk for investors. Visit U.S. Bank Portfolio Services on the web at usbank.com/portfolioservices.

U.S. Bancorp (NYSE: USB), with $217 billion in assets, is the 6th largest financial holding company in the United States. The Company operates 2,462 banking offices and 4,943 ATMs, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. U.S. Bancorp is the parent company of U.S. Bank. Visit U.S. Bancorp on the web at usbank.com.

About International Decision Systems
International Decision Systems is the global leader in developing equipment finance portfolio management software and services. Headquartered in Minneapolis, Minnesota, International Decision Systems also has offices in London, Sydney, Singapore and Bangalore, India. International Decision Systems maintains the largest and most experienced global consulting, implementation, and technical support teams serving the equipment finance industry. For additional information, visit www.idsgrp.com or call 1-866-465-9393 to reach global headquarters. To reach the European office, call +44.1256-302000.

Contact:
Jennifer Wendt, U.S. Bank
Tel: (612) 303-0731

Tom Dawson
International Decision Systems
Tel: (612) 851-3243

Read More EAEL Member News...