MicroBilt to Acquire Financial Data Provider
Integra Information, Inc.
Integra Information, Inc. joins forces with
MicroBilt to Offer Private Company Financial Performance Data and Online Tools
through the Integra InfoBase and Online Platforms
Kennesaw, GA – June 14, 2001 -- MicroBilt Corporation, the premier provider of
credit information access methodologies, today announced a definitive agreement
to acquire 100% of the stock in Integra Information, Inc., the leading provider
of private company information. Through the acquisition, MicroBilt plans to
expand its credit data access to now include private company information through
the Integra InfoBase.
The Integra InfoBase consists of high quality government and proprietary
databases. Integra’s team of economists, statisticians, and analysts apply a
consistent framework and analytic approach to building, enhancing, testing and
updating the Integra InfoBase. Integra’s forecasting process includes models
and methodologies developed by industry experts in economics and mathematics.
The result is the most comprehensive view of private company performance
available at www.IntegraInfo.com.
Integra Information, Inc is also a technology presence, leveraging its data by
acting as an ASP (Applications Service Provider) designing, licensing and
hosting online content and platforms for such customers as Key Bank, Bank One
and Deloitte & Touche. Integra provides entrepreneurs with content and
Web-based management tools to simplify and analyze complex data through their
Web site at www.PrivateCo.com.
The Integra Information, Inc. acquisition benefits business-to-business clients
of Integra and MicroBilt who desire private company information for their
lending needs as well as various financial performance analysis tools. This type
of data assists credit professionals and business managers in assessing private
company performance, and thereby enables them to make better business decisions.
According to MicroBilt President, Ken Hill, “We are extremely pleased by the
opportunity to collaborate with Integra to provide our clients access to their
tools and information. Integra’s unique web based private company information
and financial tools will be an ideal complement to our credit bureau web site,
CreditCommander.com.” David Asofsky, Chief Operating Officer at Integra
Information, Inc. believes, “Combining forces with an industry leader in
providing credit solutions will greatly expand the ways in which Integra
Information, Inc. can serve customers through its unique blend of proprietary
information and technology. We also look forward to bringing added value to
MicroBilt’s impressive client list. ”
About MicroBilt:
MicroBilt, a division of Bristol Investments, Ltd., is the North American leader
in credit bureau data access and retrieval, providing credit solutions to the
Financial (banking, mortgages, home equity, credit union, collections), Rental
or Leasing, Health Care, Insurance, Law Enforcement, Educational (Universities,
Colleges and institutions of higher learning) and Utilities (gas, electric,
cellular, cable, telephone) industries. MicroBilt provides interfaces with the
three consumer bureaus, Equifax (NYSE: EFX), Experian (London Stock Exchange:
GUS) and Trans Union and the two commercial bureaus, Dun & Bradstreet (NYSE:DNB)
and Experian Business. Bureau data is available via dedicated terminals, dial-up
software, Internet website access (www.creditcommander.com),
or through an integrated custom interface utilizing the Software Developers Kit.
The company also enables web sites to enhance their content offerings by
delivering a CreditCommander.com co-branded site to their established online
communities. MicroBilt services over 30,000 customers throughout the United
States and Canada. Formerly a First Data Corporation (NYSE: FDC) subsidiary,
MicroBilt Corporation (www.MicroBilt.com),
maintains offices in Georgia, New Jersey, South Carolina, Arizona, Illinois and
California.
About Integra Information, Inc.:
Founded in 1995, Integra Information Inc. provides knowledge-based analytical
tools and information services to the nation's leading professional and
financial services firms serving privately held businesses. The company is also
a leading provider of Web-based management tools to help entrepreneurs make
critical decisions.