Launch of VisionSource Solutions, Inc.

    SAN DIEGO, Jan. 12 /CNW/ -- National Lending Associates, Inc. (NLA)
announced today the launch of its technology consulting services company,
VisionSource Solutions, Inc.  VisionSource Solutions is focused on providing
cost-effective and highly scalable Customer Relationship Management (CRM) and
Business Intelligence (BI) solutions leveraging its proprietary Visions
Product Framework(SM).  The company's consulting expertise encompasses
education loan originations and servicing, student grant and scholarship
management, lead generation and prospecting, contact and correspondence
management, and merchant relationship services.

    The Visions Product Framework(SM) is a mature software platform that
allows any organization to rapidly implement all facets of the consumer or
commercial finance application life-cycle.  The Framework has been deployed
and proven in the marketplace with over $2 billion of origination volume
processed in the past 5 years.

    Chris Rybitski, the President of VisionSource Solutions, is a veteran in
the education lending technology industry and has an impressive history of
architecting and managing enterprise-level software platforms responsible for
the originations and servicing billions of dollars in education loan volume. 
The senior management team includes Charles Bae, as SVP/Chief Operations
Officer, and Timothy Kulesha, as SVP/Chief Marketing Officer.  Mr. Bae has
over 15 years of management experience in the financial services and
telecommunications sector and Mr. Kulesha brings more than 15 years of school,
lender and guarantor experience in education lending.

    "I am extremely excited about the assembled VisionSource Solutions team,"
says Mr. Rybitski.  "With technology spending under extreme scrutiny in these
challenging times, the VisionSource Solutions team delivers unprecedented
levels of customer service, expertise, and value to our clients.  With
VisionSource Solutions, our clients receive one of the most rewarding vendor
relationships possible.  Furthermore, we're bringing a level of technology
transparency rarely found in our industry.  We believe our clients should own
and control their technology destiny.  Not only will VisionSource Solutions
provide our clients with the knowledge and tools to be successful in their
Framework platform, the company also provides full source ownership."

    "With the launch of VisionSource Solutions, NLA is leveraging the
experience and expertise of the management team and its Framework to provide
potential customers with this flexible and robust solution," states Douglas
Feist, Chief Executive Officer of NLA.

    VisionSource Solutions, Inc. is headquartered in San Diego, California,
and has regional support offices in Cincinnati, Ohio, and Saratoga Springs,
New York.  For further information regarding VisionSource Solutions, Inc.
products and services, please contact Tim Kulesha at (602) 579-6555 or

    About National Lending Associates, Inc.
    Based in San Diego, California, National Lending Associates, Inc. is a
nationwide specialty services company focused on providing financing
solutions, loan administration services, and technology options for the
consumer and commercial markets.


For further information:

For further information: Tim Kulesha of VisionSource Solutions, Inc.,
+1-602-579-6555, Web Site:

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