Christine Baker
Board Administrator Username: Admin
Post Number: 165 Registered: 08-2002
| Posted on Saturday, September 14, 2002 - 11:27 pm: |
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http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/09-12-200 2/0001798578&EDATE= Integration of Acquired Credit Bureaus Will Provide Clients Broader Range of Services COSTA MESA, Calif., Sept. 12 /PRNewswire/ -- Experian(R), a global information solutions provider, today announced its acquisition of three affiliate credit bureaus, the first in a series of acquisitions to be completed over the next two to three years. Experian's network of 38 affiliate credit bureaus provide clients in specific geographic areas with a variety of services utilizing consumer credit, business, automotive and marketing information from Experian. The affiliate credit bureaus acquired by Experian include AQM Information Solutions Inc. based in Brockton, Mass., one of Experian's largest affiliates serving nearly 2500 clients across the country; Credit Bureau of Dalton, Inc. in Dalton, Ga.; and Credit Bureau of Kingsport in Kingsport, Tenn. "Since the mid-1970s, we have had a mutually beneficial relationship with our affiliate credit bureaus," said Rick Gallagher, senior vice president of corporate development for Experian. "However, integrating the affiliate channel into Experian North America will enable us to offer all our clients a more seamless interaction with Experian and a full range of products to help them optimize relationships with their customers. The transaction with AQM, a strong Experian partner for many years, provides a great start to our effort." One of the benefits of this acquisition program is that once the affiliate is integrated, its business clients will have access to all Experian products and services including portfolio management, collections, scoring and a complete suite of fraud prevention solutions. About Experian Experian(R) enables organizations to find the best prospects and make fast, informed decisions to improve and personalize relationships with their customers. It does this by combining sophisticated and intelligent decision- making software and systems with some of the world's most comprehensive databases of information on consumers, businesses, motor vehicles and property. Through multichannel delivery of its Web-based products and services, Experian enables its clients to conduct secure and profitable e-business and develop state-of-the-art Customer Relationship Management (CRM) systems for communicating and building relationships with customers. Experian is a subsidiary of GUS plc and has headquarters in Nottingham, UK, and Costa Mesa, Calif. Its 12,000 people support clients in more than 60 countries. Annual sales are approximately $1.5 billion. For more information, visit the company's Web site at http://www.experian.com . For more information please contact: Susan Henson, Public Relations, Experian, +1-714-830-5129, susan.henson@experian.com
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