American Lease Insurance Adds Value For Huntington Equipment Finance/23 October 2007 - EAEL

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American Lease Insurance Adds Value For
Huntington Equipment Finance

SUNDERLAND, MA, October 23 2007 - American Lease Insurance (ALI) is providing additional value to customers of Huntington Equipment Finance (Huntington), facilitated by a new integration module that joins ALI’s Integrity software with International Decision Systems’ InfoLease®, the most widely used lease accounting software program in the lease and finance industry.

Tamarack Consulting (Tamarack) developed the interface to completely automate data exchange between InfoLease and the ALI Program. Daniel Nelson, president of Tamarack, summed up: “ALI affords lessors and finance companies relief from insurance tracking and the ability to offer lessees coverage at a competitive rate, as well as the facility to earn revenue from this service. The Tamarack interface is a seamless integration between Integrity and InfoLease with built-in flexibility that eliminates any need for manual intervention.”

The American Lease Insurance Program provides comprehensive portfolio protection, placing property and liability coverage on all eligible equipment from the date each lease or finance agreement is signed, as well as tracking insurance coverage for lessees who choose to obtain their own insurance. ALI’s superior coverage, competitive pricing, and meticulous collections and claims processing have resulted in the highest acceptance rates in the industry.

“By joining with American Lease Insurance, we can give our customers a critical service at the point of leasing,” said Rob Allanson, president of Huntington Equipment Finance. “The insurance also gives our customers peace of mind that their expensive leased equipment is insured with a company that has designed insurance with the lessee in mind.” “American Lease Insurance gives our customers an insurance product that is competitive and comprehensive,” added Herb Reeder, vice president of Huntington Equipment Finance. “Our customers need an insurance product that can protect their equipment and ultimately their business.”

American Lease Insurance was founded in 2000 by licensed insurance producer Steve Dinkelaker. From its headquarters in Sunderland, Massachusetts, ALI provides a comprehensive insurance program to an expanding list of clients. An active member of all major equipment leasing associations, ALI has been the corporate sponsor of the Equipment Leasing and Financing Foundation’s annual Industry Future Council since 2003. For more information, go to www.aliac.net.

Tamarack Consulting, based in Woodbury, Minnesota, provides consulting, training, support and product development to the leasing and finance industry, enabling customers to achieve additional functionality from enterprise applications. For more information, visit www.tamarackconsulting.com.

Huntington Equipment Finance, a division of The Huntington National Bank, provides a variety of equipment financing products to business customers nationwide, from small, family-owned businesses to Fortune 500 companies. The Huntington National Bank is a subsidiary of Huntington Bancshares Incorporated, a $54 billion regional bank holding company headquartered in Columbus, Ohio. For more information, visit www.huntington.com.