Zoot Enterprises Appoints New Chief Sales and Marketing Officer

James Franklin to head company departments

November 29, 2006

Bozeman, Mont – Zoot, a leading provider of advanced instant credit decisioning and loan origination solutions, announced the addition of James Franklin as Chief Sales and Marketing Officer. Franklin will manage the Sales and Marketing departments and will be responsible for organizing sales plans to achieve maximum revenue growth, developing differentiating marketing strategies, identifying sales opportunities and driving new sales tactics. 

Franklin brings more than 20 years of sales and marketing experience to the position. Prior to joining Zoot, Franklin was the Chief Sales Officer of References Online, Inc. where he expanded existing business relationships with key customers. He also served as both North American and Western Regional Vice President of Sales for Stellent/Optika Inc., an enterprise content management software company based in Colorado Springs, Colo. Franklin has held various sales and marketing positions for companies such as Giga Information Group, Geo/SQL Corporation, Ogden Systems Group, IDC Government and META Group. 

“Zoot Enterprises is committed to offering our customers the very best in credit decisioning and loan origination solutions,” said Chris Nelson, chief executive officer. “We extend this commitment by only recruiting the very best employees. With James’ extensive experience in sales and marketing, we hope to strengthen our efforts and look forward to having him on the Zoot team.”

“I have worked in this field for quite some time,” said Franklin.  “Zoot has been on the forefront of instant credit decisioning.  It’s not only an honor, but also an absolute pleasure to join a company that is truly leading the way.  I am anxious to get started and use my expertise to continue Zoot’s groundbreaking efforts.”

Zoot currently provides ICD and LOS services to seven of the top ten U.S. financial institutions, accounting for more than 150-million transactions annually.  By the end of 2006, Zoot anticipates an additional 50-million transactions, and continuing to increase by 25 percent annually.

About Zoot Enterprises
Bozeman, Mont.-based Zoot Enterprises provides large financial institutions with highly configurable, credit bureau independent instant credit decisioning and loan origination systems. Its fast, flexible and highly secure solutions reduce risk and improve performance for seven of the top ten U.S. financial institutions accounting for more than 100 million credit transactions a year. The company's product lines support a wide range of transactions and allow clients to adapt to market changes in real-time. The ability to meet virtually any credit origination need has led to the company's long-term partnerships with the nation's most innovative financial institutions. Visit www.zootweb.com or call 406.586.5050 for more information.

MEDIA CONTACTS: William Mills Agency, Andrew McCaskill, 678-781-7210 or Zoot Enterprises, Eric Lindeen, 406-556-7449

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