Chase Bankruptcy Information Systems, Inc. Announces New Chapter 13 Trustee Client in Austin, Texas

Business Wire, Oct 4, 2002

Business/High Tech Editors

New York--(BUSINESS WIRE)--October 4, 2002

Chase Bankruptcy Information Systems, Inc. (CBIS), a wholly owned subsidiary of JPMorgan Chase Bank, recently announced that Debbie Langehennig, a newly appointed Chapter 13 Trustee in Austin, Texas, has awarded a contract to CBIS to provide bankruptcy software and services.

The signing of Debbie Langehennig continues to build upon CBIS' market-leading status in the Chapter 13 community. CBIS will provide application software that will assist Ms. Langehennig in her fiduciary and accounting duties, as well as in the administration of her Chapter 13 cases. In addition, CBIS will provide its 13network.com services, which hosts the trustee's data as an information source for authorized parties-in-interest in applicable Chapter 13 cases, including case and claim status and payment information. "We at CBIS are very excited about bringing on Ms. Langehennig as a new client. This signing is representative of our continuing commitment to the Chapter 13 trustee community," said Vincent Albanese, business manager for CBIS.

Ms. Langehennig assumed her duties effective October 1, 2002. "Our trustee clientele is a wonderful group of professionals and Ms. Langehennig exemplifies all of the qualities of this community. We look to achieve long-term relationships with our clients as we move forward to provide total Internet based applications," said Marty Quinn, vice president of CBIS.

About Chase Bankruptcy Information Systems, Inc.

CBIS is part of Institutional Trust Services, one of three divisions in Treasury & Securities Services, the Bank's information and transaction services franchise. The division maintains a global network of more than 30 offices in 12 countries with more than 2,400 employees worldwide. Through this global network, Institutional Trust Services delivers a broad range of products and services, including traditional corporate trust, structured finance, global securities clearance, collateral management settlement services, American Depositary Receipt services, as well as outsourcing support to a variety of U.S. and international government agencies. The division services more than $3.0 trillion in debt worldwide.

About J.P. Morgan Chase & Co.

J.P. Morgan Chase & Co. is a leading global financial services firm with assets of $741 billion and operations in more than 50 countries. With relationships with over 99% of the Fortune 1000 companies, the firm is a leader in investment banking, asset management, private banking, private equity, custody and transaction services, and retail and middle market financial services. A component of the Dow Jones Industrial Average, J.P. Morgan Chase & Co. is headquartered in New York and serves more than 30 million consumer customers and the world's most prominent corporate, institutional and government clients. Information about JPMorgan Chase is available on the internet at www.jpmorganchase.com.