FOR IMMEDIATE RELEASE

Peldec Releases Next Version of Its Commercial Credit Management Software, Featuring Integration with Microsoft Exchange and Mail Merge

New York, NY – January 29th, 2007 -- Peldec Decision Systems Ltd today announced version 5.2 of ProFile, a major enhancement to its commercial credit management software. This latest version incorporates Microsoft Exchange Integration that enables financial institutions to improve communications with customers via ProFile.

“ProFile has a demonstrated history of success, particularly in the lending area of an institution where risk and sales are intertwined,” says Orren Peled, CEO and founder of Peldec Decision Systems Ltd. “ProFile was designed to support multiple lines of business and improve communication across departments and with clients, while continuing our tradition of managing risk and sales. We designed the Microsoft Exchange integration to do just that."

Another significant addition to ProFile's current release is the new built-in Mail Merge functionality. Mail Merge can help the bank improve the efficiency of its credit operations and enhance its ability to effectively communicate with customers. For example, Mail Merge is an ideal way to organize and send out personalized proposals to existing customers as well as prospects. Additionally, Mail Merge can automatically send reminders to customers regarding items such as missing documents or overdue financial statements.

ProFile is an end-to-end, browser-based commercial credit management software solution that enables loan officers, credit analysts and senior bankers to efficiently review, analyze, collaborate and decide on commercial credit applications and to manage relationships with commercial customers.

Version 5.2 of ProFile is available immediately. Rollout of this version to existing ProFile customers is scheduled for the first quarter of 2007.