Odessa Technologies Unveils AppStudio

New Development Platform to Offer Accelerated Capabilities to extend LeaseWave and Build New Applications.

Philadelphia, PA – October 25, 2016 – Odessa Technologies, Inc., a leading provider of lease and loan management software solutions, today announced the launch of Odessa AppStudio™, a low-code development platform that allows business users to extend LeaseWave and quickly build new custom business applications. Odessa AppStudio™ will address the growing need faced by IT and business teams to innovate at an accelerated pace, while optimizing processes and reducing costs.

Announced at ELFA Annual Convention 2016, Odessa AppStudio™ embodies a shift from the traditional relationship between end users and a development partner. Built with business user needs in mind, Odessa AppStudio™ allows for the deployment of enterprise-class applications with rich GUI features, security, workflow and integrations, all built atop a standard .NET technology stack.

For users of Odessa’s LeaseWave lease and loan accounting software solution, Odessa AppStudio™ further offers a window into the inner-workings of the LeaseWave application. With LeaseWave + Odessa AppStudio™, businesses will have the ability to create future-ready, upgrade-compatible extensions to existing LeaseWave functionality, integrate with surround applications with minimal IT involvement, and build new standalone applications that can grow their leasing IT landscape.

Odessa AppStudio™ is intended to provide customers with:

• Application building blocks including entity models, business logic, workflow modeling, and UI layout and design
• Pre-built solution components including application governance through security, audit and error logging and integration services through a Web API
• Best-in-class architecture using a standard .NET stack
• Implementation accelerators including test automation and migration tools

Odessa plans to make Odessa AppStudio™ generally available to customers in October 2016.

"Our customers have made it clear that they need progressive solutions that enable them to take control of their technology innovation and get to market faster," said Madhu Natarajan, Chief Executive Officer, Odessa Technologies. “Odessa AppStudio™ will serve as the underlying platform for Odessa's full suite of applications providing a smarter, more intuitive experience for business analysts, developers and management alike – creating a collaborative work environment where business transformation is continuous and ubiquitous."

"Odessa AppStudio™ has the potential to solve distinct challenges faced not only by existing LeaseWave customers but businesses across industries by meeting the evolving operational needs of their employees and larger customer communities," said Jay Mehra, Chief Operating Officer, Odessa Technologies. "Odessa AppStudio™ is a rich development platform that can overcome the limitations of commercial or bespoke software solutions that are often stitched together rather than built on one future-ready technology stack."

Additional Information
Please visit the Odessa website for additional information about Odessa AppStudio™: https://www.odessatechnologies.com/products/appstudio/.
Read the blog: How Technology Will Transform an Industry

About Odessa Technologies, Inc.
Odessa Technologies, Inc. is a software company exclusively focused on the leasing industry. The company is headquartered in Philadelphia, PA and employs a staff of 400. The LeaseWave suite is a fully Internet-based family of products, providing an end-to-end lease, fleet and loan origination and portfolio management solution for equipment leasing and finance, vehicle leasing and finance and fleet management companies. The LeaseWave suite is engineered to be configurable and customizable to accommodate complex business models and it is also designed to be available as a SaaS product. Learn more about Odessa Technologies, Inc. and its services by visiting www.odessatech.com.