LAS VEGAS, NV--(Marketwired - Feb 27, 2014) - Co-Signer, Inc. (OTCQB: COSR) today announced its subsidiary, Co-Signer.com, the nation's premier provider of residential rent assurance, entered a mutual marketing package with Contemporary Information Corporation (CIC), the nation's leading tenant screening service. CIC, with a client base of over 10, 000 landlords and property managers nationwide and a history of excellent service for over 28 years will offer Co-Signer.com's residential rent guarantee programs to its client base, on its web site and to the property management industry at selected tradeshows and through targeted presentations. Co-Signer.com will actively market CIC's tenant screening services, engaging clients through its new media and telemarketing channels.
"As we begin our 3rd year of operations, we are excited to welcome CIC as a strategic partner. As our joint marketing partner, we are very excited for our shareholders and associates about the synergies that exist between the two companies. With this alliance now in place, the Company will begin to monetize its services and build greater value for our investors," said Kurt Kamarenko, CEO of Co-Signer, Inc. "We look forward to working with CIC's management team offering their complete suite of tenant and employment screening services while expanding our brand, Co-Signer.com, nationally. Our staff has had first hand experience utilizing CIC's renowned information products and working with their world-class customer service. We are proud to now be able to offer these services to our clients and others."
"After meeting with the team at Co-Signer.com and seeing their passion for helping renters find a home, I knew this was a company CIC would be excited to partner with. CIC's partnership with Co-Signer to provide tenant screening that will help property managers approve applicants with less than desirable credit is a step towards the future of the rental housing market," said Dan Firestone, Vice President and Director of Sales and Marketing.
For landlords, property managers and tenants seeking more information about the Company's subsidiary that provides residential rent assurance commonly known as rent guarantees, please visit www.Co-Signer.com or email Steve@Co-Signer.com.
About Co-Signer, Inc.
Co-Signer, Inc. is a financial and real estate services company. Its wholly-owned subsidiary, Co-Signer.com, Inc. is the nation's premier commercial provider of residential rent assurance services offering rental guarantees on behalf of tenant clients to landlords, property managers, leasing agents and others that may be responsible for residential leasing. Co-Signer.com, Inc. provides its fee based tenant service to those who may have no, poor or bad credit due to a short sale, a bankruptcy, inconsistent employment, a long-term health issue or other circumstances. Typically these tenants are able to afford the rental payment for the new residence they seek. However, superficially their credit scores and financial profile do not readily qualify them with the prospective landlord. Cosigning services are available whether the tenant seeks a single family home, condominium, townhouse, or apartment anywhere in the United States. Co-Signer.com, Inc. uses a proprietary underwriting process with state of the art information services to achieve low default ratios that maximize company profitability.
The Company's business strategy is to make the use of commercial rent assurance the U.S. industry standard by focusing its resources and market awareness efforts on landlords and property managers, educating them on the simplicity and value of the Company's service that facilitates housing for tenants and maximizes occupancy rates and cash flow for landlords. With almost 39,000,000 rental units in the United States and 1 out of every 4 adults having poor or bad credit, the demand for commercialized cosigning services provides a real growth opportunity.
Forward-looking & Safe Harbor Statement
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and those statements are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company cautions that these forward-looking statements are further qualified by other factors. The Company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.