LAS VEGAS, NV--(Marketwired - Mar 6, 2014) - Co-Signer, Inc. (OTCQB: COSR), announced today it has launched a Call Center as a new separate division of the Company. The Call Center is co-located in the new facility with Co-Signer.com, the Company's wholly-owned subsidiary and the nation's premier provider of residential rent assurance, that was announced in its press release dated January 14, 2014. The Company stated today it has developed a department with 50 seats available 24 hours for both inbound and outbound traffic. The Call Center is currently focused on internal campaigns promoting Co-Signer.com and the Company is seeking marketing and sales opportunities to drive new revenues and client acquisition. One of the internal campaigns the Call Center will soon execute is the Mutual Marketing Agreements with CIC as announced on February 27, 2014 and by CIC on February 28, 2014. The Call Center on behalf of Co-Signer.com will actively market CIC's tenant screening services and engaging clients through its new media channels and telemarketing operations.
"The Call Center is a great addition to the Company and will provide a lot of value overall to the Company's performance. Whether conducting marketing services for both inbound and outbound traffic for Co-Signer.com or executing soon a new contract with our strategic partner, CIC, the Call Center's capacity enables the Company to develop or acquire new revenue generating opportunities while expanding or reducing current call center projects for the best operational impact," said Kurt A. Kramarenko, President and CEO of Co-Signer, Inc. Mr. Kramarenko added, "There are several options we are reviewing at this time and will take advantage of our Call Center's capacity while continuing to drive growth for our premier asset, Co-Signer.com."
In unrelated matter, the Company announced the appointment of its President and CEO as the new President and CEO of Co-Signer.com, Inc. and the resignation of James P. Hodgins as President, CEO, Vice President and Treasurer.
This press release is in follow-up to the Company's press release dated January 14, 2014 announcing the relocation of the Company's subsidiary to larger facilities and last week's press release on February 27, 2014 announcing the Mutual Marketing Agreements with CIC.
For landlords, property managers and tenants seeking more information about the Company's subsidiary that provides residential rent assurance commonly known as rent guarantees, please visit www.Co-Signer.com or email Steve@Co-Signer.com.
About Co-Signer, Inc.
Co-Signer, Inc. is a financial and real estate services company. Its wholly-owned subsidiary, Co-Signer.com, Inc. is the nation's premier commercial provider of residential rent assurance services offering rental guarantees on behalf of tenant clients to landlords, property managers, leasing agents and others that may be responsible for residential leasing. Co-Signer.com, Inc. provides its fee based tenant service to those who may have no, poor or bad credit due to a short sale, a bankruptcy, inconsistent employment, a long-term health issue or other circumstances. Typically these tenants are able to afford the rental payment for the new residence they seek. However, superficially their credit scores and financial profile do not readily qualify them with the prospective landlord. Cosigning services are available whether the tenant seeks a single family home, condominium, townhouse, or apartment anywhere in the United States. Co-Signer.com, Inc. uses a proprietary underwriting process with state of the art information services to achieve low default ratios that maximize company profitability.
The Company's business strategy is to make the use of commercial rent assurance the U.S. industry standard by focusing its resources and market awareness efforts on landlords and property managers, educating them on the simplicity and value of the Company's service that facilitates housing for tenants and maximizes occupancy rates and cash flow for landlords. With almost 39,000,000 rental units in the United States and 1 out of every 4 adults having poor or bad credit, the demand for commercialized cosigning services provides a real growth opportunity.
Forward-looking & Safe Harbor Statement
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and those statements are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company cautions that these forward-looking statements are further qualified by other factors. The Company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.