Know your loan payment options ahead of time by using new software Loan
Chief

BOUNTIFUL, UTAH -- November 20, 1993 -- Insight Software Solutions today
announced the initial release of the Loan Chief, a financial software
package for the IBM PC. Loan Chief is capable of producing tables of loan
values as well as complex loan schedules and solving for an unknown loan
value.

Loan Chief incorporates "Loan Charts", a concept which allows you to create
a table of any type of loan values that you may be in need of (see example
chart below). You select the type of loan values you need--loan payments,
loan principal amounts, months in a loan or the interest rate. Once
chosen, you enter one of the remaining loan values as a constant and the
other two as a range of values. Press the View/Print key and a chart is
produced showing all loan values specified in the ranges.

"Those seeking loans for cars, homes or any large purchase can now easily
estimate what they can afford by using Loan Charts found in the Loan Chief
Software program." said Michael D. Jones, President of Insight Software
Solutions. "And after producing the chart, they can easily take it with
them for instant consultation on the spot."

Professional loan schedules can be generated with varying detail. Special
features include the ability to accelerate a loan, to enter any payment
amount for each payment period, and to estimate tax savings for mortgages.
Acceleration methods include recurring extra payment, variable extra
payment, double principal payments and 13 monthly payments per year. These
can be illustrated side by side with the original schedule or by
themselves.

Professional schedules, reports and summaries can be viewed on screen,
printed or sent to an ASCII file. Schedules can be printed on a weekly
through annual basis using a calendar or fiscal year. Values may be
cumulative or non cumulative and rounded to the dollar or exact cents. All
information can be saved and retrieved for multiple clients.

Loan Chief is menu driven with help for all input fields and contains an
on-line manual. The menu, help, look and feel all make the program
intuitively easy.

The product is designed for anyone seeking a loan and for the professional
who may help others with their loan needs. Professionals include
accountants, lawyers, financial planners, bankers and real estate
professionals. Loan Chief contains options which allow for client and
agent names and headers and footnotes which may optionally be bolded for
emphasis on the reports.

Loan Chief can be run on any IBM PC compatible computer with 512K of memory
using DOS 2.0 or greater. A hard disk is not required, however it is
recommended for use with multiple clients. A printer capable of printing
in a condensed mode is required for some reports.

The price of Loan Chief is $25.00 plus shipping and may be obtained from
Insight Software Solutions, P.O. Box 354, Bountiful, UT 84011-0354, (801)
295-1890. Site licenses are available. Other software packages available
include The Interest Analyzer, The Mortgage Analyzer, The Debt Analyzer
and The Annuity Ace.

Founded in 1990, Insight Software Solutions is a producer of financial
software packages designed for the professional and the average user. The
company provides easy-to-use and feature-rich software at a reasonable
price. Sales span four continents including eleven countries. Michael D.
Jones, founder and President, has over eight years experience in the
finance industry. He holds a Bachelor Degree in Computer Science and has
been awarded the FLMI insurance designation.

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