A Kaulkin Ginsberg Publication
CRS
11/21/2009

Purlieu Solutions Acquires US Business Operations of Admerex Limited

November 26, 2008
 
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Purlieu Solutions, LLC (Purlieu) of Atlanta, GA, a global provider of business opportunity and receivables management services, announced today that it has acquired the USA business operations of Admerex Ltd (ASX: ADL) of Sydney Australia.

The terms of the transaction (for an undisclosed amount) calls for Purlieu to absorb all the CWX software clients in the U.S. market as well as acquiring its Atlanta GA sales and operations support center. In addition, the new Admerex 200 seat Savannah GA contact center has been acquired and Purlieu will begin immediately building up and increasing production from its current collections operations in order to take advantage of the increased capacity.

Burton Crapps, CEO and Founder of Purlieu Solutions LLC, commenting on this milestone transaction states “We are excited about this acquisition of the Admerex business in the Americas, as it greatly enhances our growing position as a leader in the receivables management and call center industry. Our team happens to be some of the original founders and developers of the business in Admerex, and we look forward to taking it on to great success”. Crapps continues, “We think the timing of the economic situation combined with the increasing levels of debt burdens by consumers, makes it an ideal time to build up enhanced collections technology and contact center services in the market. Our expertise, resources and processes are world class and should continue to be well accepted by clients of all size”.

ABOUT PURLIEU SOLUTIONS LLC
Purlieu Solutions LLC is a global provider of business opportunity and receivables management services. It provides a multitude of business services to numerous blue chip clients worldwide including consulting, technology and receivables management collection products and services. Headquartered in Atlanta GA, Purlieu also has offices in Dallas, Texas and Bangkok, Thailand. For more information on Purlieu Solutions: www.purlieusolutions.com.

ABOUT ADMEREX LIMITED
Admerex Limited (ASX:ADL) is a leading global provider of receivables lifecycle management solutions. Admerex partners with its clients to manage costs receivables revenue and cash flow. The company has a transparent approach to its operations and brings to bear its experience, expertise, commitment and professionalism on every project. For more information on Admerex: www.admerexgroup.com.

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Comments

Comment from tom davis on November 28, 2008 at 12:27PM EST

Congratulations, old friend. Hope the new venture is wildly successful.

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