HOPELESSLY IN DEBT? -- THE CURE CAN BE EASY!

BOUNTIFUL, UTAH -- May 10, 1993 -- Insight Software Solutions today
announced the release of The Debt Analyzer version 1.20, a financial
software package which helps a person reduce and eliminate debt. The IBM
PC software accomplishes this by producing a debt elimination schedule or
a loan consolidation schedule. The product is designed for consumers who
find themselves in debt. It can also be used by professionals including
accountants, lawyers, financial planners and real estate and consumer
credit professionals.

Major improvements to the new version include the ability to select 9 new
debt priority payoff methods, to print a new summary report, to view the
sum of all debts and payments on screen at all times, to use an effective
interest rate calculator and other miscellaneous items.

"In 1991, over 750 billion dollars were extended to consumes as credit in
the United States. In the same year, 880,000 bankruptcies were filed and
another 1,123,000 were pending. The Debt Analyzer is a software package
which addresses the consumer debt problem in this country and can help
bring it under control." said Michael D. Jones, President of Insight
Software Solutions.

The debt elimination schedule works by analyzing all debt information and
assigning a priority to each debt. Debt information includes minimum
payments, current payments, interest rate and loan balance. Once a debt is
paid off, the payment for that debt is applied to the next highest
priority debt-- accelerating the payoff of the debt. You may choose to
have the difference between the current payment and the minimum payment
shuffled around and applied to the highest priority debt. You may also
choose to add an additional monthly amount to your payment--increasing the
acceleration even more. The payment acceleration results in significant
interest savings.

You may prioritize the payoff of your debts in any user specified order.
However, there are 9 new predefined priority methods available. These
include "Highest Interest Rate First", "Smallest Balance First", "Largest
Balance First", "Smallest Minimum Payment First", "Largest Minimum Payment
First", "Smallest Current Payment First", "Largest Current Payment First",
"Shortest Term Debt First" and "Longest Term Debt First".

The new optional summary page contains the following pertinent information:
Name of Debt, Loan Balance, Payment Schedule, Number of Months to Pay,
Number of Months Saved, Interest Rate, Interest Paid, Interest Saved,
Total Interest Paid for all Debts and Total Interest Saved for all Debts.
The interest saved and the number of months saved can bear a strong
influence on why one should stick to the schedule.

The loan consolidation demonstrates how savings can be incurred by
combining high rate debts to one lower rate debt. The term or payment of
the consolidated loan can be specified or the sum of all debt payments may
be used as the consolidated loan payment.

Professional reports can be viewed on screen, printed or saved to an ASCII
text file. All information can be saved and retrieved for multiple
clients.

"The debt program is vastly improved--quite an accomplishment when you
consider that the original was excellent." said Peter G. Miller, author of
The Common-Sense Mortgage and Real Estate Host for America Online. "Note
that this program has particular value as a personal finance tool and as a
device to help with mortgage loan applications."

The Debt Analyzer can be run on any IBM PC compatible computer with 512K of
memory using DOS 2.0 or greater. A hard disk is not required, however it
is recommended for multiple client use. A printer capable of printing in a
condensed mode is required for some reports.

The price of The Debt Analyzer is $20.00 and may be obtained from Insight
Software Solutions, P.O. Box 354, Bountiful, UT 84011-0354, (801)
295-1890. Site licenses are available. Updates to current users are being
made at no charge. Normal update fees range from $5.00 to $8.00.

Founded in 1990, Insight Software Solutions is a producer of financial
software packages designed for the professional and the average user. The
company provides easy-to-use and feature-rich software at a reasonable
price. Sales span four continents including nine countries. Michael D.
Jones, founder and President, has over seven years experience in the
finance industry. He holds a Bachelor Degree in Computer Science and has
been awarded the FLMI insurance designation.

ISS Insight Software Solutions
P.O. Box 354, Bountiful, UT 84011-0354
(801) 295-1890;   Fax: (801) 299-1781
BBS: (801) 963-8721 (join conference 4) CIS: (1672,3464)

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