A Kaulkin Ginsberg Publication
Ontario
03/19/2010

Columbia Ultimate Acquires RevQ

July 12, 2005
 
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VANCOUVER, WA – Columbia Ultimate, the industry expert in providing software and integrated solutions for collecting money, today announced it has acquired Vancouver, Washington-based RevQ, a software and consulting company providing technology for revenue recovery to the government sector.

"The acquisition of RevQ enables Columbia Ultimate to further expand and increase our role in the government sector and is a very strategic move for the company," said R. Fred Houston, president, Columbia Ultimate. "We are excited to combine efforts with the RevQ team, and together we can continue to deliver innovative and exceptional revenue recovery solutions for government agencies.”

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Bruce Randall will join Columbia Ultimate as general manager, Government Division. The RevQ team with over 30 years combined experience in the industry will also join Columbia Ultimate.

RevQ's product Revenue Results, combined with Columbia Ultimate’s current government products, will greatly enhance the spectrum of solutions for the government market. Revenue Results specifically focuses on improving the processes and systems for collecting delinquent revenues by providing smaller government agencies an effective tool to track, manage and collect outstanding revenue. It is built on Microsoft .Net technology and clients can choose between Internet-based or client hosted systems.

"There is a great level of synergy between the two companies, and by combining resources, Columbia Ultimate will continue to lead the government market," said Bruce Randall, president, RevQ.

About RevQ
RevQ is a software and consulting company focused on improving the processes and systems for collecting delinquent revenues with a major focus in the government industry. With over 30 years of combined industry experience, our staff is dedicated to the consistency and quality of technologies that today's businesses demand. Revenue Results, their flagship product, is designed for use in collecting delinquent debts in smaller governments.

About Columbia Ultimate
Columbia Ultimate is the industry expert in providing software and integrated solutions for collecting money. Since 1979, private enterprises and government agencies have relied on Columbia Ultimate's comprehensive line of software and services to help manage the collection lifecycle. Servicing 30 of the top 100 collections agencies nationwide and the leader in providing revenue recovery to governments, Columbia Ultimate’s software and integrated solutions increase customer's efficiency, profitability and success.

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