Partnership creates a fully automated, national collateral (PPSA) management & corporate search and identity services

TORONTO, ONTARIO--(Marketwired - Nov. 26, 2013) - Equifax Canada Co. and AVS Systems Inc. have entered into a strategic partnership designed to provide end-to-end credit processing solutions. Equifax is a trusted provider of consumer and commercial credit risk assessment and management solutions. AVS has developed a comprehensive and robust technology platform that provides direct connectivity to each provincial and territorial personal property registry system and each provincial and federal corporate registry in Canada. This portal enables automated online lien registration and lifecycle management, along with corporate search capabilities.

"With our extensive credit processing and analytics capabilities and AVS's leading technology, we can offer our clients a comprehensive solution with embedded data and analytics which will help improve productivity, enhance compliance and lower risk," said Carol Gray, President, Equifax Canada Co.

Within the rapidly changing financial industry, there is a market need for advanced and comprehensive technology solutions that can access, validate, analyze, archive, and transmit business-critical data. With these capabilities, businesses are better equipped to improve efficiency while ensuring alignment with the changing regulatory environment.

"We are extremely excited about our partnership with Equifax and the opportunities it presents," added Larry Mullins, President, AVS Systems Inc. "We have invested heavily in developing the most advanced technology platform, which augments the joint expertise of our organizations in lien management, compliance, and credit processing. As a result, we can now deliver multiple market leading services in a single consolidated solution."

Businesses will benefit immediately with a newly launched PPSA Connect(TM) solution as well as an enhanced Business Confirm(TM) solution. Further work is being done to explore potential opportunities to integrate more data assets and solutions from both organizations to provide better value for clients.

About Equifax

Equifax remains a global leader in consumer, commercial and workforce information solutions, providing businesses of all sizes and consumers with information they can trust. We organize and assimilate data on more than 600 million consumers and 81 million businesses worldwide, and use advanced analytics and proprietary technology to create and deliver customized insights that enrich both the performance of businesses and the lives of consumers.

Headquartered in Atlanta, Equifax operates or has investments in 18 countries and is a member of Standard & Poor's (S&P) 500(R) Index. Its common stock is traded on the New York Stock Exchange (NYSE) under the symbol EFX. For more information, please visit www.equifax.com.

About AVS Systems Inc.

AVS Systems Inc. is Canada's premier provider of automated registry services with specialized skill in lien registration (PPSA), compliance solutions (Know Your Customer - KYC) and data mining and cleansing. We provide highly evolved technology with built in validation and edit standards which ensures operational efficiency as well as mitigated risk. Our customers include large scale Financial Institutions along with small to medium sized enterprises in the financial services sector.

Our unique understanding of source data management and mining has provided significant expansion and integration with registries and strategic partners in Canada, USA, Australia and New Zealand. For more information, please visit www.avssystems.ca.


FOR FURTHER INFORMATION PLEASE CONTACT:

For Equifax information, please contact:

Tom Carroll

Director, Media Relations

Equifax Canada

(416) 227-5290

MediaRelationsCanada@equifax.com



For Equifax media inquiries only, please contact:

Mark LaVigne, APR, FCPRS

Hunter LaVigne Communications Inc.

905-841-2017 (office)

416-884-2018 (cell)

mark.lavigne@hunterlavigne.com





Source: Equifax Canada

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