Crystal Capital Inc.

Crystal Capital Inc.
Coface Canada

Coface Canada

June 02, 2009 07:00 ET

Coface Canada Extends Reach in Western Canada Through Relationship With Crystal Capital

TORONTO, ONTARIO AND CALGARY, ALBERTA--(Marketwire - June 2, 2009) - Compagnie Française d'Assurance pour le Commerce Extérieur, Canada Branch (Coface Canada) announced today the signing of a marketing agreement with Crystal Capital Inc. (CCI), based in Calgary, Alberta. CCI will market Coface Canada's business credit information, trade receivables financing and trade receivables management services to companies in Western Canada.

CCI will leverage its existing sales and marketing capabilities to expand the Coface Canada footprint in the vibrant western Canadian market. Specifically, CCI will focus on bringing Coface Canada's proven capabilities to companies that wish to reduce the risk of extending credit to their customers.

"Coface Canada is delighted to work with CCI," said Todd Pickett of One Mile Mark Trade Management Inc, Associate General Agent of Coface Canada. "J.R. Richardson, a Partner at CCI, has established relationships within the western Canada business community and with the banking and legal sectors. He has long-standing affiliations with the types of businesses that will benefit from the services provided by Coface Canada. We believe these relationships will prove quite advantageous."

"It's truly a pleasure to work with such a stalwart team of professionals at One Mile Mark Trade Management and Coface Canada," said J.R. Richardson, CCI Partner. "Todd and the rest of his team's wealth of knowledge in the area of business credit and risk mitigation will serve me well in offering Coface Canada's expertise and services in Western Canada."

About Coface

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 7,000 staff in 65 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 13.4 billion euros at the end of December 2008. Learn more at www.coface.ca.

About Crystal Capital

Crystal Capital is a professional services firm that helps businesses achieve their strategic goals through proper capitalization, business planning and customer communications. In addition to its financing services, the Company, through its Crystaldox division, designs, composes and processes bills, invoices and other critical communication points for some of Canada's largest utility and telco companies. By creating critical documents that clearly deliver on their objective, and supporting the archival and retrieval of such communications, Crystaldox solutions enhance customer relationship management within organizations. Learn more at www.crystalcapitalinc.com.

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