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SOUTH STAFFORDSHIRE PLC NEWS ARTICLE

29/03/11 - Echo acquires Inter-Credit International

We are delighted to announce that Echo Managed Services, the leading customer services and billing software provider to UK utilities and public sector has acquired a London based debt collection agency, Inter-Credit International.

Inter-Credit has over 40 years experience in credit management and debt collection and specialise in UK and worldwide account collection, sales ledger management, tracing services and status reporting. Inter-Credit provides exceptional collection services for both consumer and commercial clients including governmental agencies, water utilities, publishing, manufacturing and financial services.

Phil Newland, Echo's Managing Director said "Acquiring a debt business was one of our key priorities for this financial year and we are delighted to have achieved this goal by welcoming the Inter-Credit team to Echo and the Group. Inter-Credit is an excellent strategic fit for Echo and will further strengthen our debt collection offering. We look forward to utilising their 40 years worth of experience in credit management and debt collection."

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