Canada Debt Assistance Inc.

Expo Debt Assistance Inc.

October 11, 2007 08:16 ET

Investor Alert: Canada Debt Assistance Expands Franchises for Sale

CALGARY, ALBERTA--(Marketwire - Oct. 11, 2007) - Canada Debt Assistance Inc. has completed its franchisee package and is now on track with expansion plans to have several new store front locations by March 2008 - called "financial fitness centers". The stores will promote products such as debt management, insurance, credit repair, and mortgage and loan products as well as educate consumers on credit.

The move will further expand the independent credit counseling business and industry as a whole. This will increase CDA's community profile and will also provide much needed exposure and awareness to the independent credit consulting industry.

The franchises will retail for $16,500.00 each. The franchisee will increase sales and the revenue of the corporation while CDA provides back end support, marketing, training, and maintains creditor relationships.

In the words of the 22-year-old Founder, President & CEO James T. White, "Everything is coming together now. The creditors could not be happier with all the new changes, however there are still several changes to follow in order to revamp the old CDA Image. The most important is customer service and technology, this will take time and effort, nevertheless it will be done."

About Canada Debt Assistance Inc.

Canada Debt Assistance was purchased by Canam Credit Company in 2007 for $1.5 million, and has since become one of the largest independent credit counseling agencies in Canada with several store front locations, and managing over $90 million in consumer debt through debt pooling, consumer proposals and settlements.

About Expo Debt Assistance Inc.

Expo Debt Assistance is a 100% wholly-owned subsidiary of Canam Credit USA. Both businesses are in the credit repair and debt management business, providing consumer proposals, debt pooling, and debt education services to provide people value.

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