| Immediate News Release 5/13/2010 |
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Industry
ARM leader Coface joins alliance with
DebtWatcher:
5/13/2010 |
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May 13, 2010 |
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Gibbsboro,
NJ DebtWatcher, an innovative Internet
based interactive debt-search and alert
system announced today that Coface
Collections North America, Inc., a
provider of commercial credit management
services and part of the global Coface
Group, has joined the DebtWatcher roster
as its 12th and largest
contributor.
“We are thrilled about Coface
Collections joining forces with
DebtWatcher. They are a powerhouse in
the ARM industry and their involvement
is a testament to the strength of the
DebtWatcher product”, said Bob Leib,
CEO, DebtWatcher. |
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“We
quickly understood the power of
DebtWatcher to provide powerful, real
time information to make better credit
and collection management decisions. We
believe this will be an invaluable tool
to our clients”, said Thomas E. Brenan
IV, President of Coface Collections
North America, Inc. |
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Coface's
mission is to facilitate global
business-to-business trade by offering
its 130,000 customers four business
lines to fully or partly outsource trade
relationship management and to finance
and protect their receivables: credit
insurance, factoring, ratings and
business information and receivables
management. Due to the worldwide local
service delivered by 6,600 staff in 67
countries, over 45% of the world's 500
largest corporate groups are already
customers of Coface. Coface is a
subsidiary of Natixis whose share
capital (Tier 1) was 12.7 billion euros
at the end of December 2009. Learn more
at www.coface-usa.com.
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DebtWatcher,
founded by CEO Bob Leib, was created as
a one-of-a-kind business that makes
previously unavailable commercial
collection information accessible to the
credit and collections community. Its
innovative and creative technology helps
businesses make informed credit and
collection decisions about customers,
both current and delinquent. For more
information visit www.debtwatcher.com |
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