General Credit Services Inc. Acquires SKYLINK Receivables Inc, and Integrity First Telesolutions Inc

VANCOUVER BC – General Credit Services Inc, (General CSI), a leader in outsourced accounts receivable services announced today that it has agreed to acquire SKYLINK Receivables Inc and Integrity First Telesolutions, (IFT) - the SKYLINK Group of Companies. The acquisition will be effective January 1^st, 2017.

“This acquisition is a perfect fit for our companies” said Peter Sorrentino, President and CEO of General CSI, “SKYLINK Receivables has developed a unique technology-based collection methodology that will operate independently within the GCS environment – while the acquisition of Integrity First Telesolutions allows us to segregate our new BPO offerings under a dedicated and focused executive team structure.”

“The combination of our companies means exciting opportunities for both our clients and our employees” said Jason Ark, President of SKYLINK. “Both companies develop creative, forward-thinking solutions and each has been built on a core philosophy of client service excellence.”

“Bringing our companies together creates a leading global business providing Accounts Receivable Management Services, Call Centre Management and Business Process Outsource solutions,” added Chief Business Development Officer, Jason Brunet, “Our organic growth and collective acquisition strategy has allowed our firm to accelerate our capabilities, delivering high-performance enhanced services, now locally, nationally and around the globe.”

The entire executive management team and all SKYLINK operations staff will continue to work with the company - all telephone and fax numbers will remain the same and all email addresses will continue to work as normal. All corporate head office functions will be transferred to the General Credit Western Service Centre and HQ in Vancouver; 4^th Floor, 1201 West Pender Street, Vancouver, BC V6E 2V2 effective January 1^st, 2017.

There will be no service interruption to General CSI or SKYLINK operations during our transition period, and all day-to-day business functions will be as normal.

Any inquiries can be directed to Jason Brunet, Chief Business Development Officer, at 1-416-951-2988 or by e-mail at jbrunet@theskylinkgroup.com or Christine Johnstone, AVP Client Services at 1-855-777-4274, Ext 2359 or christine.johnstone@generalcsi.com.

About General Credit Services, Inc.

General Credit Services Inc. is one of Canada’s leading accounts receivable management organizations. Head Quartered in Vancouver BC, the company has multiple service centres in Ontario and Quebec. A debt free company, General Credit Services offers early and late stage third-party collection services, Letter Programs, Legal Account Management, Estate Management Services, Insolvency Management Services, KYT (Know-Your-Tenant), KYC (Know-Your-Customer) and KYE (Know-Your-Employee) Investigation Services and other BPO services at all stages in the account management life cycle. Through a partnership with the GCS Group, General Credit Services provides global coverage for its clients in over 100 countries. General Credit Services is named in the Profit 500 list of Fastest-Growing Companies in Canada, and the BIV list of the 100 Fastest Growing Companies in BC. For more information please visit: www.generalcredit.ca