CRIF and Magnum Communications, Limited announced in January that they have completed a definitive agreement whereby CRIF has acquired Magnum. This move is beneficial to both companies and creates a strong synergistic relationship that will benefit Magnum clients and the market at large. Founded in 1976 as Magnum Communications, Limited, Magnum is a leader in credit data access, analysis and communications. The company offers a wide variety of products and services that enable lenders to make informed, automated decisions regarding credit risk. Using Magnum’s powerful tools, clients can easily access and retrieve relevant data from a broad range of U.S. and international consumer and commercial data sources. Magnum enables its clients to maximize the value of this data to control both scoring attributes and decision criteria. For additional information about Magnum, visit the company’s Web site at www.magnum.net

BIIA Newsletter April 2008 Issue