Crednology Holding Corp Expands Its CreditDNA and ScoreNavigator Operations with Two New Service Centers
July 10 2013 - 7:56AM
OTC Markets
GRAY, GA.
July 10, 2013
Crednology Holding Corp (OTC
PINK: COHO) the nation?s leading Online Credit Management company
with 24/7
access and exclusive Point Deduction Technology software is pleased
to inform
shareholders that the Company has expanded its operations in the
southeastern
United States by opening two new service centers in Atlanta,
GA.
The first office will be located in Southwest
Atlanta, GA with the second being located within the Discover Mills
Mall in
Lawrenceville, GA. Each location will offer the Company's
ScoreNavigator
product as well as the Company's credit management product through
CreditDNA. The addition
of these two brick
& mortar stores will allow the Company to reach out directly to
consumers
and expand its customer base. Each store will be wholly owned by
the Company. The
Company anticipates the opening for each store to occur during the
current
month with positive revenue recognition for each to be recognized
during the
current fiscal quarter.
The Company currently has plans to open at least two
additional service centers during the current calendar quarter. The
first
service center is scheduled to be opened in Buffalo, NY with the
second in
Miami, FL. At each of these locations, the Company's proprietary
software will be
licensed for operation.
"We are extremely excited to move forward with
our expansion plans and launch this new phase of operation," said
Patricia
Giankas, Chief Financial Officer of Crednology Holding Corp.
"The
establishment of an everyday presence in the Metropolitian Atlanta
area will
allow the Company to not only attract consumers directly, but it
will also
grant us the opportunity to further our B2B business. Our potential
for growth
remains extremely opportunistic at this time."
About
Crednology Holding Corp:
Crednology
Holding Corp is the parent Company for its two operating
subsidiaries, CreditDNA,
Inc. and ScoreNavigator, Inc.
CreditDNA is a Credit Management company that utilizes an
exclusive Point
DeductionTechnology. Its
proprietary technology has the unique ability to analyze a credit
report and
give full visibility to the points being deducted for each account,
which then
allows our trained staff the ability to create an actionable plan
that will
help our members reclaim those precious points and raise their
credit score. CreditDNA provides members
with
up-to-date credit education material and assigns a credit coach to
assist in
keeping members on the right credit path. CreditDNA's Credit
Management Program is recommended for anyone
concerned with establishing a credit history that will allow them
to become
desirable borrowers for lenders, for anyone that is paying high
insurance
premiums, for anyone that is thinking of applying for credit or
even a new job.
CreditDNA offers you
the ability
to view all three credit bureaus: Equifax, Experian and TransUnion
24/7 through
a private secured website designed to help members manage and
monitor their
credit. ScoreNavigator is a
credit
analysis tool designed for consumers and loan originators. It
analyzes the
electronic version of a credit report and recommends the quickest
way to
achieve a credit score and to achieve the score needed for loan
approval. ScoreNavigator
analyzes your total credit picture based on the data reported by
the bureaus.
The combinations of your total credit picture, as well as, each
individual item
are factors in determining the score impact of each individual item
on a
report. ScoreNavigator determines with 92% accuracy the point
impact of each trade
line on a credit report, whether positive or
negative.
Safe
Harbor Statement
Matters discussed in this press release contain
forward-looking statements within the meaning of the Private
Securities
Litigation Reform Act of 1995. When used in this press release, the
words
"anticipate," "believe," "estimate,"
"may," "intend," "expect" and similar expressions
identify such forward-looking statements. Actual results,
performance or
achievements could differ materially from those contemplated,
expressed or
implied by the forward-looking statements contained herein, and
while expected,
there is no guarantee that we will attain the aforementioned
anticipated
developmental milestones. These forward-looking statements are
based largely on
the expectations of the Company and are subject to a number of
risks and
uncertainties. These include, but are not limited to, risks and
uncertainties
associated with: the impact of economic, competitive and other
factors
affecting the Company and its operations, markets, product, the
impact on the
national and local economies resulting from terrorist actions, and
U.S. actions
subsequently.
CONTACT: Crednology
Holding Corp
ir@crednologyholdingcorp.com
Corporate Website: http://www.crednologyholdingcorp.com