Crelogix Acceptance Corporation appoints Andy Lalli as Managing Director of
its Consumer Durables Finance Unit

BURNABY, BC, May 14 /CNW/ - Andy Lalli will be responsible for creating, developing and supporting new and current partnerships within the Consumer Durables business unit. Andy will work closely with vendors to increase sales, cash flow and bottom-line profits with different consumer based financial solutions. Prior to joining Crelogix Andy was, for five years, an Area Sales manager for Wells Fargo Financial Retail Services and previously held a position as a coordinator at Cara Operations.

Andy is looking forward to the opportunities of his new position: "I am proud to be a member of the Crelogix Management Team and I am looking forward to applying my past financial services experience and be able to contribute in a meaningful way to the ongoing success and future growth of Crelogix and its partners."

Andy holds a Bachelors of Science (Business Operations) from DeVry Institute of Technology at the Phoenix Arizona Campus and resides with his family in Calgary, Alberta.

About Crelogix: Crelogix Acceptance Corporation has since 1974 been engaged by businesses to arrange, structure and fund unique indirect consumer financing solutions across a wide range of industries including tuition, automotive aftermarket, vacation ownership, healthcare, membership, consumer durables, power products and home improvements. Crelogix consults with its client partners to create term financing programs that attract and retain more clients, close more sales, and increase overall profitability. MyCrelogix is the company's proprietary automated loan adjudication and document processing system providing participating partners with real-time payment calculation, credit grading, contract compliance, loan status and portfolio reporting. For more information about Crelogix Consumer Finance or MyCrelogix visit www.crelogix.com or www.mycrelogix.com.

SOURCE CRELOGIX ACCEPTANCE

For further information: For further information: Media Contact: Joseph Kharshoum, Director of Marketing, Crelogix Acceptance Corporation, Office: (604) 293-1131 ext. 2903, jkharshoum@crelogix.com

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CRELOGIX ACCEPTANCE

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