VANCOUVER, BC, August 4, 2011: Crelogix Acceptance and Universal Guardian Acceptance announced an alliance today from which their clients will now be able to seek funding in both Canada and the United States. Clients of Universal who are seeking funding and servicing for their Canadian customers will be able to utilize Crelogix; and clients of Crelogix who are seeking funding and servicing for their US customers will now be able to make use of Universal.

“This new agreement allows our customers easy access to consumer financing with a reputable Canadian organization that has a long history of providing consumer financing,” said Jeff Daum, Vice President of Universal.

“We were seeking an innovative alliance to offer our customers a consumer financing source in the United States, we are pleased to have formed this mutually beneficial partnership with Universal Guardian,” said Karl Sigerist, President and Chief Executive Officer of Crelogix.

About Universal: Universal is a full service financial company offering customized consumer financing, loan servicing, bad debt collections and collateral management to a wide array of industries across the United States. Industries include, but are not limited to: medical, education, seminars, coaching/mentoring, membership, leisure, future services and retail products/services. With instant credit decisions, electronic signature and the ability to generate both Retail Installment Contracts and Revolving Charge Agreements; Universal fits varying business models accommodating the needs of a diverse client base.

About Crelogix: Crelogix is a non-bank Canadian financial services organization. Since 1974 Crelogix has been active across Canada in the tuition, automotive aftermarket, vacation ownership, healthcare, membership, consumer durables, power products, home improvement and financial intermediary sectors - advising its business and institutional partners on unique and innovative consumer financial solutions from Loan Funding, Portfolio Acquisition, Third-party Portfolio Administration, Servicing, Collections, Asset Recovery or the Disposition of Canadian consumer installment loan receivables portfolios.

MyCrelogix.com is a proprietary internet based automated credit adjudication and loan or lease document processing system. MyCrelogix.com provides our clients with real-time payment calculation, credit grading, contract compliance, funding status and ongoing portfolio reporting.

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