Canam Credit Company Inc.

Canam Credit Company Inc.

July 09, 2007 12:30 ET

Robert Fleischaker Resigns From Board of Directors of Canam Credit

CALGARY, ALBERTA--(Marketwire - July 9, 2007) - Robert Fleischaker submitted his resignation today from the Board of Directors of Canam Credit. Fleischaker, who has been a member of the Board since November 2006, was responsible for all legal proceedings pertaining to the rapidly growing corporation. He is leaving for personal reasons.

Canam Credit is becoming regarded as one of Canada's fastest growing companies with nearly 4 acquisitions completed since inception just 7 months ago. Canam Credit is a factoring and private lending business, with services in receivable factoring, short-term mortgages, secured business loans, and debt consolidation.

This press release may contain forward-looking statements with respect to Canam Credit Company and its operations, strategy, financial performance and condition. These statements generally can be identified by use of forward looking words such as "may", "will", "expect", "estimate", "anticipate", "intends", "believe" or "continue" or the negative thereof or similar variations. The actual results and performance of Canam Credit Company could differ materially from those expressed or implied by such statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Some important factors that could cause actual results to differ materially from expectations include, among other things, general economic and market factors, competition, changes in government regulation and the factors described under "Risk Factors" in the Offering Memorandum. The cautionary statements qualify all forward-looking statements attributable to Canam Credit Company and persons acting on its behalf. Unless otherwise stated, all forward-looking statements speak only as of the date of this press release and Canam Credit Company has no obligation to update such statements.

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