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South African Finance Company Deploys Robust Collections System

Released on = July 2, 2007, 11:26 pm

Press Release Author = PIC Solutions

Industry = Financial

Press Release Summary = Cape Town, 3 July 2007 - Bruma Finance, a leading
micro-finance organisation in South Africa, has recently purchased the PIC
Collections System (PCS) from PIC Solutions in order to improve upon their
organisation's efficiency and increase collections revenue.

Press Release Body = PCS is a powerful collections solution that provides Bruma
Finance with the flexibility to optimise the performance of their collections
environment. The PCS solution has been specifically tailored to meet their
requirements by combining industry collections best practices, flexible
user-controlled strategy definition and an intuitive user-friendly collector
interface with leading-edge system functionality.

Yaron Bernstein, Managing Director of Bruma Finance, comments, "Our new collections
system needed to be user-friendly, flexible and adaptable to our collections
environment. PCS enables us to meet our objectives of managing, collecting and
ultimately reducing customer debt. By consolidating our customer communications into
a single database we can ensure that we take the right recovery action for the right
customer, at the right time and we look forward to experiencing the full benefits of
PCS."

Mike Crawley, Director at PIC Solutions, adds, "In today\'s competitive market credit
grantors need to streamline their operations and PCS is designed to map the right
collections strategies to the appropriate customer segments. This robust collections
system is ideal for any collections environment and clients who have implemented our
solution have reported improved collections performance and a significant reduction
in consumer debt write-off."

About PIC Solutions
PIC Solutions provides consumer credit solutions to a wide range of blue-chip
organisations. We are experts in the fields of credit, risk and software and have an
established track record of success powered by solutions.

Our ongoing commitment is to enable clients to optimise the credit life cycle.

Editorial Contact:
Sarka Svoboda
Marketing Manager
Tel: +27 (0)21 680-6010
Fax: +27 (0)21 680-6003
Email: SSvoboda@PICSolutions.com
Web: www.PICSolutions.com

Web Site = http://www.PICSolutions.com

Contact Details = PIC Solutions
Birkdale I
River Park
Liesbeek Parkway
Mowbray
7700
South Africa
Tel: +27 (0)21 680-6000
Fax: +27 (0)21 680-6003
Email: Info@PICSolutions.com

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