C-Chip Technologies Corporation

C-Chip Technologies Corporation
Manaris Corporation
OTC Bulletin Board : MANS

Manaris Corporation

September 15, 2005 09:07 ET

C-Chip Technologies Corporation 'North America' Launches Enhanced Credit Management Solution

MONTREAL, QUEBEC--(CCNMatthews - Sept. 15, 2005) -

- Can potentially reduce 50% of payment delinquencies
- Leverages on two-way cellular network
- Offers enhanced messaging and broader geographical network
- Allows for device management over the Internet

C-Chip Technologies Corporation (North America), a wholly owned subsidiary of Manaris Corporation (OTCBB:MANS - News)(Frankfurt WKN:255471), announces the availability of Credit Chip II, the Company's most advanced credit management solution which can provide a 50% reduction in payment delinquencies, advanced messaging and broader geographical network coverage.

"We are very proud of our enhanced Credit Chip device. While our current product delivers substantial reduction in payment delinquencies and cost of collection to our customers, it is our corporate goal to remain current to changing market needs. As a result, we have developed Credit Chip II, a device now using two-way cellular communications network coupled with superior capabilities." said Claude Arbour, the Company's President and CEO.

With Credit Chip II, credit grantors can monitor a delinquent customer's account and using our proprietary Internet application alarm or disable it in case of an extended delinquency. When payment is made the vehicle is automatically re-activated. With the Credit Chip II's access to broader geographical network coverage throughout North America, it is more effective and efficient.

C-Chip Technologies Corporation (North America)

C-Chip specializes in the high-tech sector of the security industry. It has developed sophisticated monitoring solutions which use integrated wireless communications, transaction processing, GPS technology, software applications and the Internet to connect mobile assets with IT infrastructures.

Ultimately, C-Chip's unique technology platform enables business users to efficiently access, control, manage and monitor different types of equipment or services-at low costs.

For more information, please visit www.c-chip.com.

About Manaris Corporation

Through its wholly-owned subsidiaries, Manaris Corporation offers a comprehensive suite of enterprise risk management services and solutions. C-Chip North America specializes in the high-tech sector of the security industry, with technology that allows business users to efficiently access, control, manage and monitor remote assets at low costs. Avensys enables businesses and corporations to monitor different types of environments, including Air, Soil, Water as well as buildings and infrastructures. Canadian Security Agency (2004) Inc. and Chartrand Laframboise Investigation provide corporations and institutions with security services including corporate investigation, surveillance, electronic monitoring and protection of personnel and premises.

By combining both traditional security services and advanced monitoring technology, Manaris sets the industry standard for integrated, end-to-end risk management solutions.

FORWARD-LOOKING-STATEMENT: Except for factual statements made herein, the information contained in this press release consists of forward-looking statements that involve risks uncertainties, including the effect of changing economic conditions, competition within the credit and security industry, customer acceptance of products and other risks and uncertainties. Such forward looking statements are not guarantees of performance, and Manaris Corporation results could differ materially from those contained in such statements. These forward-looking statements speak only as of the date of this release and Manaris Corporation undertakes no obligation to publicly update any forward-looking statements to reflect new information, events or circumstances after the date of this release.

Contact Information

  • C-Chip Technologies Corporation (North America)
    Mr. Claude Arbour
    President and CEO
    (514) 448-6425
    Manaris Corporation
    Anna Pennino
    (514) 337-2447
    Zenergy Communications
    Linda Farha
    (514) 273-4034