Scottsdale, AZ, July 30, 2008 - Cology Inc. today announced a strategic partnership with GCO Education Loan Funding Corp. (GCO) to support their growth and expansion of The Educated BorrowerŪ suite of products in the private student loan marketplace.

"We are delighted to include GCO as one of our premier technology clients. By combining the in-depth knowledge and strength of this well known student loan provider with the technology and private loan expertise provided by Cology, we are able to bring a much needed solution to the marketplace this summer. GCO is a great example of a sophisticated client wanting to leverage the flexibility of Volta^TM, our loan origination software on a remote license basis. This gives GCO the ability to build any loan product quickly without the typical long development timeline and expense", says Brian Cox, EVP of Business Development.

The recent turmoil in the student lending market has resulted in many lenders re-evaluating their private loan programs in an effort to fine-tune underwriting criteria and product parameters. Cology's Volta^TM system is a market tested platform, having processed well over $1 billion in loans. The new private loan module provides solutions for all types of lenders, those just entering the student loan space seeking a fully turnkey, outsourced private loan product or those clients wanting access to a robust software solution managed in their own shops.

"In addition to a competitively priced product set, GCO is focused on providing an enjoyable, efficient and painless customer experience. To achieve this, we scanned the industry for service providers and chose Cology, Inc. as our technology partner. Our relationship with Cology means that we have the ability to respond to market demands with the latest technological features to satisfy our customers. This investment in technology provides a consumer-friendly borrower experience, which sets us apart from the competition," said Jolynn Snyder, Senior Vice President of GCO. "Our products have been designed to be responsive to the needs of today's college students in terms of amounts available, deferment options and repayment terms," added Snyder.

About Cology Inc.
Cology provides a world-class technology platform and consumer distribution network to help partners manage origination processes, acquire and serve customers, and distribute products and services to consumers. Through veteran industry personnel and ala carte services, Cology delivers customized technology and business solutions combined with the most comprehensive customer tracking and distribution network in the education finance industry. For more information, go to www.Cology.com.

For more information about GCO, go to www.gcoelf.com.

Posted 07/31/08 to www.NASFAA.org. Posting of press releases is done as a service to Members and does not imply endorsement or support by NASFAA. NASFAA does not review this information for content or accuracy.