CR Software, Inc. Launches CRS Titanium v5.0

Fairfax, VA ? CR Software, Inc. (CRS), the leading provider of enterprise collections solutions, announced today the launch of CRS Titanium v5.0, CR Software’s best-in-class, next generation flagship product. Titanium v5.0 gives customers superior integration across enterprises of all sizes, control of powerful customization, best-in-class user interface and compatibility with all leading operating systems.

Titanium v5.0 was built on 20 years of success with CRS Platinum, CR Software?s fully scalable solution for mid- to large-size businesses that require comprehensive collections systems. CRS Titanium v5.0 will retain the logic, historically-developed rules, and user-friendly interface that made CRS Platinum so successful. In addition, it will take advantage of an open database, a distributed architecture, and open standards which translate to cost savings, flexibility and control for mid to large collections and financial institutions.

“CR Software has embarked upon an aggressive development effort to provide a cutting edge, state-of-the-art software solution that will lead our customers into the future,” said Edgars Sturans, President of CR Software, Inc. “CRS Titanium v5.0 represents a radical shift in the architecture used in the collections environment and is the culmination of five years spent re-thinking the collection process. We are providing a product that far exceeds the performance standards of today’s collections systems.”

CRS Titanium v5.0 includes an exclusive Executive Dashboard to track, in real-time, a customer’s most important collections indicators. Fully customizable, the Executive Dashboard includes visible graphics tools such as pie charts, bar charts, speedometers and other graphs. Users choose any parameter and have instant, easy to analyze, complete information that is viewable by portfolio, client, placement, collection group, or by office.

Specific features and benefits include:

• Relational Database Management System (RDBMS) and Open Database Connectivity (ODBC): Open architecture allows the data in Titanium v5.0 to easily integrate to any system in an enterprise. Titanium v5.0 promises superior uptime, regardless of the number of collectors, transactions, scans or reports. It provides full access to all data components for unlimited data mining and reporting, using tools such as Crystal Reports™ and Excel™. This architecture improves database stability for maximized record maintenance, information assurance and uptime.

• Distributed Service Oriented Architecture: Maximizes productivity by integrating disparate legacy systems across any hardware configuration in multiple locations and in real-time, including billing, data, accounting, and collections systems. In addition, Titanium v5.0?s distributed architecture facilitates disaster recovery, data redundancy and seamless multiple office locations like no other software.

• Operating System Agnostic J2EE Development: Compatibility with any operating system, including Microsoft Windows, Linux, and UNIX. This universal language allows for easy and open integration and unique client interfaces that provide greater flexibility. Titanium v5.0 features a changeable infrastructure that gives clients the freedom to configure their system to their needs, without major and costly code or process re-writes.

• Open API Structure for Easy Enterprise-Wide Integration: Gives customers the control they deserve to choose their vendors and integrate services such as predictive dialers, imaging systems, voice recording systems, other data services like skip tracing, credit bureau reporting, scoring and letter outsourcing into Titanium v5.0. This feature reduces cost and maximizes productivity.

Other Features Include
Flexible, user-friendly graphical interface; user-definable business rules engine; web interface for collection and financial institutions and debtors to access their information in real-time; document imaging; data warehousing; and more.

“We are completely impressed with CRS Titanium v5.0,” said Steve Gayheart, Vice President/Director of Operations for KCA Financial. “Everything we’ve seen in Titanium meets our performance standards, and will increase our productivity by providing us the flexibility to integrate our billing, data, accounting and collections systems in real-time. The open architecture of CRS Titanium v5.0 will give us the power and control we need to take us into a more efficient and cost saving future.”