ORLANDO, Fla., March 29, 2006 – Associated Software Consultants, Inc. (ASC), a provider of loan automation software to financial institutions, announced today at the MBA’s National Technology in Mortgage Banking Conference & Expo that Waterbury, Connecticut-based Webster Financial Corporation (NYSE:WBS), the holding company for Webster Bank N.A. has implemented PowerLender® 2.2, ASC’s Java-based loan origination system (LOS).

Webster Financial Corp. (assets $17.8 billion), a provider of business and consumer banking, mortgage, insurance, financial planning, trust and investment services, became operational with the PowerLender system in December 2005.

"ASC’s integrated loan framework provides our front end with a seamless process from origination to closing for each loan application,” said John Kershner, senior vice-president and chief technology officer at Webster. "PowerLender is easy to use, and its flexibility allowed us to customize the way we process mortgage and consumer loans, boosting our lending capabilities.”

“PowerLender combines flexibility and comprehensive features such as workflow management and remote document delivery that can change the way many lenders do business,” said Tim Liston, president of ASC.

“PowerLender helps customers originate, underwrite, process, close and fund mortgages, increasing long term cost savings and profitability.”

PowerLender’s unique flexibility not only allows financial institutions to customize the way they process loans, but it can also run on a variety of operating systems including Linux and Windows, and databases including MySQL, Oracle and MS-SQL.

About Webster Financial Corp.
Webster Financial Corporation is the holding company for Webster Bank, National Association and Webster Insurance. With $17.8 billion in assets, Webster provides business and consumer banking, mortgage, insurance, financial planning, trust and investment services through 157 banking offices, 304 ATMs, telephone banking and the Internet. Webster Bank owns the assetbased lending firm Webster Business Credit Corp., the insurance premium finance company Budget Installment Corp., Center Capital Corp., an equipment finance company headquartered in
Farmington, Conn. and provides health savings account trustee and administrative services through HSA Bank, a division of Webster Bank. For more information go to www.websteronline.com

About Associated Software Consultants
Associated Software Consultants, Inc. (ASC) designs and markets the PowerLender Loan Processing System and the PowerSeller Secondary Marketing & Pipeline Risk Management System for use by mortgage banks, commercial banks, community banks and credit unions.

ASC’s business strategy focuses on providing software and support services that enable lenders to improve the volume and quality of their business, streamline workflow and reduce costs. The company’s lending solutions enhance primary and secondary mortgage operations, improve overall profitability and better serve borrowers, investors, real estate brokers, third-party service providers and other constituents.

Associated Software Consultants, Inc.
7251 Engle Road Suite 300
Middleburg Heights, Ohio
800-628-4687
www.asconline.com info@asconline.com