WebEquity Solutions Names Matthew H. Williams as Board Advisor

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Fourth-generation community banker and industry leader joins on-demand lending software provider as an advisor to its board of directors

Matt Williams

His extensive banking experience and legal background provides a unique perspective on what is going on in the industry today. He also holds a leadership position with the ABA and has his ear close to the ground in Washington. His position with the ABA enables him to provide us with a national viewpoint on how we can best advance our lending software to meet the challenges lenders will be facing.

WebEquity Solutions™ LLC (WebEquity) is pleased to announce the appointment of Matt Williams, chairman and president of Gothenburg State Bank, as a board advisor to WebEquity's Board of Directors.

Matt is a fourth-generation banker and has been with the family owned bank since 1973. He is an active leader in the banking industry currently serving as a member of the board of directors of the American Bankers Association (ABA), and also serving on the ABA Government Relations Council and as ABA State Grassroots coordinator for Nebraska. Having received his undergraduate and law degree from the University of Nebraska, Matt serves as a trustee of the University of Nebraska Foundation, UNL Ag Builders, and the University of Nebraska Presidents Advisory Council. Matt is very involved with economic development in Gothenburg and is a director of the State Chamber of Commerce.

"The appointment of Matt as an advisor to our board will provide invaluable input to the strategic roadmap for our lending platform," said Doug McGregor, CEO of WebEquity Solutions. "His extensive banking experience and legal background provides a unique perspective on what is going on in the industry today. He also holds a leadership position with the ABA and has his ear close to the ground in Washington. His position with the ABA enables him to provide us with a national viewpoint on how we can best advance our lending software to meet the challenges lenders will be facing."

"I am very excited to be working with WebEquity in an advisory capacity and participating in the future direction of its on-demand lending software," said Matt Williams, chairman and president, Gothenburg State Bank. "In the wake of the credit crisis, banks are under intense economic and regulatory pressures. I believe that technology like WebEquity is going to play a critical role in the health and well being of lending institutions by helping them more effectively manage their credit quality, provide uniform lending practices across their lending areas and improve overall portfolio risk management."

WebEquity is an on-demand, software as a service (SaaS) offering which significantly reduces the demand on a bank's IT resources, and enables lenders to access their loan information from anywhere via a Web browser. Its flexible design also allows an institution to setup the software to support the bank's specific policies and lending guidelines such as credit analysis, risk ratings and approval processes. WebEquity also provides the unique benefit of a single system that works for all loan types including commercial industrial, commercial real estate, agricultural, and consumer credits; helping an institution better manage consistent, uniform lending practices across the entire organization.

About WebEquity

WebEquity™ is the proven leader in on-demand lending software. More than 500 financial institutions and 10,000 lending professionals use WebEquity to automate and streamline their lending process and reduce operational costs, while making more uniform and profitable credit decisions. The company offers financial institutions a distinct advantage with a single solution that works for all loan types, an on-demand model that provides centralized, anywhere access, and the flexibility to configure the system so it fits their lending practices. WebEquity serves institutions in the U.S., Canada and Australia. For more information call 800-264-0787 or visit http://www.webequitysolutions.com.

Company Contact:
Dave McEvoy
VP Marketing
800-264-0787 ext. 230

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Dave McEvoy
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