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provide unparalleled insight on global companies in
a very timely manner.
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Risk Reports provide you with comprehensive insight
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FOR GENERAL RELEASE
Media Inquiries:
John LaRocca
CreditPointe, Inc.
480-239-7375 |
General Inquiries:
Jim DeWaele
CreditPointe, Inc.
781-493-6923 |
CreditPointe continues industry approach to Credit Risk
Analysis by initiating coverage for the Home Entertainment
Industry
Consistent with its industry focused strategy: CreditPointe
announces the availability of its Credit Risk Insight
products for the Home Entertainment industry
August 20, 2007 - Westwood, MA - CreditPointe, Inc.,
announced today, its initiation of coverage on all companies
in the Home Entertainment industry, listed in the U.S. exchanges
and filing with the U.S. Securities and Exchange Commission.
The announcement is another is a series of industries being
analyzed by CreditPointe. The company also announced the
availability of its credit risk insight product both at
the company and industry level for the Home Entertainment
industry including such companies as Best Buy, Enesco and
Trans World Entertainment. The company analysis will be
made available within hours of an earnings release or filing
while the industry analysis will be updated quarterly.
"We are independent in our coverage and intend to cover
every public company in every industry around the globe.
Our strategy to initiate coverage on an industry by industry
basis reflects our desire to develop in-depth understanding
of a given industry. The marketplace values the insight
and, in particular, the timelines with which we deliver
updates. We are very pleased at the depth and quality of
our coverage in the Home Entertainment industry," commented
Dr. Venkat Srinivasan, the company's CEO.
CreditPointe is focused to provide Corporations around the
world with best-in-class credit analysis services on a cost-effective
basis. The company has a dedicated team of analysts who
monitor companies' creditworthiness and aim to provide significant
insight to assist in the evaluation of these companies whether
as a customer or supplier. The company leverages a unique
set of knowledge-based technologies to offer timely and
cost-effective coverage to its customers.
"We now have a dedicated team that is covering the
Home Entertainment industry. We have identified the industry's
idiosyncratic characteristics and modeled them into our
industry-specific credit risk rating models. In the coming
months, we will further refine our understanding of the
companies and the factors that drive performance in the
industry through on-going in-depth discussions with many
of the companies in the industry," said John LaRocca,
SVP of Marketing and Business Development.
About CreditPointe, Inc.
CreditPointe, Inc. is a private company specializing in
providing analytical products and services on global public
companies. An experienced team of industry veterans led
by Dr. Venkat Srinivasan launched CreditPointe Inc. to address
the growing need to provide corporations and financial institutions
with timely, cost effective analytical products and services
on companies around the globe. CreditPointe is a subsidiary
of Rage Holdings, LLC, a business incubator focused on incubating
capital efficient, process-aware businesses. To learn more
about CreditPointe, visit www.creditpointe.com.
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