5280 Solutions and Resolve to Offer Enhanced Technical Services to Clients

Aug 09, 2007

DENVER, Aug 09, 2007 /PRNewswire-FirstCall via COMTEX News Network/ --

5280 Solutions, a premier software development, consulting and systems integration organization, announced it has entered into a business partnership with Resolve Corporation to offer enhanced technical services to their clients in the Canadian student loan industry.

Resolve, headquartered in Toronto, Canada, works with businesses as an outsource resource provider to manage critical processes in the financial services, retail, government, consumer goods and communications industries. Resolve recently won a competitive bid to provide long-term comprehensive servicing for the Canada Student Loans Program (CSLP) on behalf of Human Resources and Social Development Canada (HRSDC). Resolve will service these loans on the new Galaxy Loan Servicing system, developed by 5280 Solutions. The portfolios of EDULINX (previously acquired by Resolve) and Resolve will migrate to the Galaxy system commencing in the spring of 2008.

"Resolve has aggressively pursued opportunities in the Canadian student loan market and has become the national leader in the business," said Mark Boyd, Vice President of 5280 Solutions. "Resolve's extensive loan servicing expertise combined with 5280 Solutions' Galaxy Loan Servicing system creates a progressive solution for the Canadian government and other clients. We are committed to the successful completion of the system conversion and excited about the opportunities ahead."

5280 Solutions' relationship with Resolve began in 2000 with a small loan portfolio being serviced on a platform developed by 5280 Solutions. Resolve has since evolved to become the premier student loan service provider in Canada.

"We are very confident in our ability to provide first-class service to the Canadian student loan market and believe that 5280's Galaxy servicing platform will only enhance that ability," said Ralph De Jong, Vice President of Student Loans at Resolve. "This enhancement will benefit our clients as well as student borrowers across Canada, and it is consistent with our organizational focus on providing flawless execution and continuous improvement through our service offering."

About 5280 Solutions

5280 Solutions LLC, a wholly-owned subsidiary of Nelnet, Inc., is an award-winning provider of information technology products and full-service technical consulting with core areas of business: educational loan software solutions, business intelligence, technical consulting services and Enterprise Content Management (ECM) solutions. 5280 Solutions is a Microsoft(R) Gold Certified Partner and an IBM(R) Business Partner. Founded in 2001 and headquartered in the mile-high city of Denver, Colo., 5280 Solutions delivers innovation a mile above. For more information, visit http://www.5280solutions.com.

About Resolve

Resolve Corporation works with businesses by taking on their critical processes and managing them better, faster and more cost-effectively. Resolve has more than 35 years experience managing processes for Fortune 500 clients in the financial services, retail, government, consumer goods and communications industries. Headquartered in Toronto, Canada, Resolve employs more than 4,500 people in 29 locations and is listed on the Toronto Stock Exchange as Resolve Business Outsourcing Income Fund, symbol RBO.UN. For more information, visit http://www.resolvecorporation.com.

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SOURCE 5280 Solutions LLC; Nelnet, Inc.

Pam Neal of 5280 Solutions LLC, +1-303-696-5280; or media, Eric Solomon,
+1-202-659-2258
http://www.unipac.com/

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