UnitedLex, a global full service provider of technology-powered legal and business solutions, today announced that the US and European loan closing teams at Credit Suisse (NYSE: CS) have joined UnitedLex to form LexLoan Services. LexLoan Services will offer par and distressed bank loan and trade claim settlement services to the leveraged loan markets in the U.S. and Europe. As part of the contracts solutions group within UnitedLex, LexLoan Services will apply the award-winning processes developed at Credit Suisse to other firms that can benefit from their expertise.

"Naturally, we will continue to support Credit Suisse," said David Fitzgerald, a LexLoan Services Director. "By joining the UnitedLex platform, we can offer a compelling value proposition: fast, high quality closing services with virtually unlimited scalability. UnitedLex's strength in technology and deep experience in designing solutions for complex legal and business related challenges made for a natural fit. Together we are optimizing processes that will translate into lower costs and improved settlement across the globe."

As part of UnitedLex, the group will uphold the same high standards that kept it ranked #1 for "Most Prompt, Efficient Closing" by Total Securitization & Credit Investment from 2005-2010. For banks and investors, the benefits of the reduced processing time for loan trades are clear: quicker settlement reduces counterparty risk, improves funding and liquidity management, and mitigates regulatory capital requirements.

"Credit Suisse grew a stellar loan closing team both in the U.S. and U.K. that greatly increased the efficiency of this traditionally laborious process," said Robert Healey, Credit Suisse's Syndicated Loan COO and the prior manager of the U.S. loan closing team. "As a leading provider of business solutions, UnitedLex can leverage the scalability of this process, allowing participants to improve efficiency and ultimately leading to lower trading-related costs for Credit Suisse, our clients and the whole syndicated loan market."

"We are excited about this natural extension of our service offerings which fit within our contracts solutions vertical and further demonstrate our ability to build centers of excellence for leading global companies," said Daniel Reed, UnitedLex's Chief Executive Officer. "Our history in the financial services sector and commitment to the practical use of technology and process will ensure that clients of our loan closing division receive the optimal combination of effectiveness and efficiency."

About UnitedLex

UnitedLex (www.unitedlex.com) is a global leader in providing technology powered legal and business solutions. We deliver success in the fields of litigation services, including e-discovery and document review, contract review and management, intellectual property, legal research, immigration and law firm support. Leveraging more than 750 professionals in eight global offices and two data centers, UnitedLex empowers leading global corporations and law firms by providing them with the insight and applications to reduce costs and solve complex legal and business challenges. Our solutions approach has been carefully crafted to take advantage of our unique combination of strategic insight, deep industry expertise and technology.

About Credit Suisse

Credit Suisse is one of the world's leading financial services providers and is part of the Credit Suisse group of companies (referred to here as 'Credit Suisse'). As an integrated bank, Credit Suisse offers clients its combined expertise in the areas of private banking, investment banking and asset management. Credit Suisse provides advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as to retail clients in Switzerland. Credit Suisse is headquartered in Zurich and operates in over 50 countries worldwide. The group employs approximately 50,700 people. The registered shares (CSGN) of Credit Suisse's parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.

UnitedLex Company Contact
Kristie Kushner, 678-575-7558
kristie.kushner@unitedlex.com