|By Marketwired .||
|March 10, 2014 10:11 PM EDT||
LAS VEGAS, NV -- (Marketwired) -- 03/10/14 -- Co-Signer, Inc. (OTCQB: COSR), announced today that it has signed a sales and marketing deal with HerbCentral.com, the unique online marketplace specializing in Cannabis, Hemp and the booming Vape (Smokeless) market. HerbCentral.com is destined to be both the B2B and B2C online supplier for everything in these fast growing markets including imported and domestic products and services.
The Company signed a one-year sales and marketing agreement with HerbCentral.com, a Cross Click Media company with the online portal staging its online grand opening on April 20, 2014. "Upon visiting their call center facility we were impressed with the professionalism of their staff and with their operations. We are very excited about launching with Co-Signer and know our client base will be served well by them. This relationship is key to our plans for growth and understand the Center's ability to cater to our customers while working with us to scale our business model over the life of the contract and beyond," said Peter M., Manager of Customer Experience for HerbCentral.com.
"The revenue opportunities being presented to our call center operations are very exciting and provide incremental revenue growth to expand our suite of services. We look forward to working with HerbCentral.com. Our management team has experience in this space and will capitalize on that to our customer's advantage," said Steve Campbell, Vice President of Operations. "Let us be clear, Co-Signer.com remains our primary focus and look forward to our bright future," added Mr. Campbell.
In its press release dated March 6, 2014, the Company stated it 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 new revenue generating opportunities while expanding or reducing current call center projects for the best operational impact. The Company further said there are several options being reviewed and the agreement today is one of many being reviewed at this time. 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.
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 [email protected].
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.
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