GRAY, GA / ACCESSWIRE / February 12, 2015 /
Crednology Holding Corporation announced results for its year-ended
December 31, 2014 and 2013 financial statements. During the
year-ended December 2014, revenues increased by $197,172 as
compared to the year-ended December 2013. An increase of 31.23%.
The Company also reported a working capital increase
of $129,757 or 58.31% as compared to the same period the
previous year.
Net income for the year-ended December 2014 was $73,260 as
compared to $3,044 for the same period ended December 2013. The
increases above were mainly due to focusing on public awareness
that the unique products CreditDNA.us and ScoreNavigator.com offer
to both businesses and consumers.
The Company's goals are pretty simple for 2015, we want to
continue growing organically by establishing new relationships
while growing with the high level strategic partners who joined our
team in 2014. Our marketing plans this year will also now include
television, social media, along with the continued sponsorships of
UFC rising star Cole Miller and LPGA golfer Ashlan Ramsey, as well
as our informative monthly radio show.
CEO, Rusty Bresse says "I am very pleased with our entire team's
output in 2014 which includes our professional customer service,
financial and credit experts, our IT department which continues
providing innovative credit solutions, sales & marketing
partners who have introduced us to decision makers who share our
same vision, and our loyal team of shareholders who stand guard for
the company and encourage me to steer this company to its highest
level. As we continue growing Nationally and Internationally we
will have to rely on our experience but also on the patience it
takes to stay focused and disciplined."
Our new licensing and affiliate platform has already begun
bringing dividends and we are happy to announce Attorney Bert R.
Oliver with The Credit Ladder has joined our team. Attorney
Bert R. Oliver practices finance, commercial and real estate law.
He began his career at a large New York Park Avenue law firm and
relocated to Miami as one of the early partners in what is now
Florida's largest law firm and one of the nation's largest. He has
since been the founder or partner of large, mid-size and boutique
law firms. Mr. Oliver also draws on first-hand experience in
working with entrepreneurial businesses. He served as Chief
Operating Officer of a publishing company and as founder, Director
and Senior Vice President / Strategic Alliances of an internet
business solution provider. "When I walked into the offices of
Kelly Drye and Warren on Park Avenue in NYC in 1970, after
graduating law school and spending time in 'this man’s Army', I was
told, 'You are in the real estate department.' For the following 38
years I was a 'dirt lawyer' and loved it. In 2008, I fancied myself
out of work and started to look around. A trusted friend encouraged
me to look at the debt settlement industry. He told me the industry
was desperate for a 'white knight'; someone who would always put
the client’s interest first and the bottom line a distant second.
In the Spring of 2010, I jumped in and I was 'hooked'. Helping
people struggling with hardships caused by market forces beyond
their control, getting them out from under the burden of excessive
debt, providing employment for others in a down economy, and making
money (in that order) felt very good at that stage of my life."
Oliver continues, "At lunch last November, I met with Kalypso
Investments LLC management team who mentioned ScoreNavigator and
CreditDNA to me. I was encouraged to check out a unique product and
software being introduced into the marketplace. My father told me
to always, 'Consider the source.' Already having experience with
Kalypso's team and them encouraging, even before going through the
Webinar, I was ready to be a reseller. Once I understood the
product, I got even more excited. ScoreNavigator and CreditDNA
empowers people to do that which they could do before, manage their
Finances and Credit Score. Helping people understand the makeup of
their Credit Score enhances the quality of the financial aspect of
people's lives. I'm in!"
As a Company, our Mission is still on track. As an online
Financial and Credit Management company, ScoreNavigator &
CreditDNA, Inc.'s goal is to enhance the quality of its customers'
lives by improving their financial and credit worthiness. This
includes making sure that credit reports accurately reflect
financial responsibility and educating the consumer about how
finance and credit impacts a vast array of today's decision makers
whether they be lenders, employers, insurers or other industry.
CreditDNA seeks to provide financial freedom for its customers by
providing the tools to understand and manage their finances and
credit.
Because having a good financial and credit profile has become
essential in our society, ScoreNavigator & CreditDNA's target
market is enormous. It encompasses a huge spectrum of people and
the companies who evaluate their financial stability.
Our moderately priced, renowned Financial and Credit Management
Program uniquely analyzes a credit report and singularly calculates
how many points are being deducted from our customers' overall
credit scores (generated by each of the major three Credit Bureaus
TransUnion, Experian and Equifax). We are unaware of any other
entity that has this capability. Special software analyzes
financial data allowing consumers to strategically spread residual
income to stabilize and grow their credit portfolio. Now with the
analytical credit score comparison addition in ScoreNavigator, we
are getting noticed as a necessity not an option in credit data
providers.
An integral piece of the program is providing members ongoing,
up-to-date credit education material and professional one-on-one
credit coaching to assist in keeping members on the right financial
and credit path and so they do not make the mistakes of the
past.
CreditDNA equips its customers with a myriad of benefits and
services. We handle many of the financial affairs of credit
challenged customers, such as budgeting software which enables them
to truly determine whether or not they can realistically afford or
maintain obligations, such as mortgages and car loans.
Our Mission, through the development and focus on innovating
software in the credit and financial industry, is to ensure the
public will build confidence once again. ScoreNavigator &
CreditDNA shields its customers from the complexities of financial
and credit management. This way they are on the outside looking in
and can best control their lives and be fiscally sound.
About Crednology Holding Corp
Crednology Holding Corp, a Delaware corporation, a leading
provider of technology and software to the credit industry which
offers developmental solutions worldwide for real estate
professionals, mortgage originators, property management and
financial advisers. Its subsidiaries, ScoreNavigator and CreditDNA,
utilize the company's exclusive Point Deduction Technology.
This technology has the unique ability to analyze a credit report
and give full visibility to the points being deducted for each
account. For further information, visit
www.credholdingcorp.com.
About ScoreNavigator
ScoreNavigator, a wholly owned subsidiary of Crednology Holding
Corp, is a credit analysis tool designed for consumers and loan
originators. It analyzes the electronic version of a credit report
and recommends the quickest way to achieve a credit score and to
achieve the score needed for loan approval. It is a scientific
analytical tool. Its recommendations are based on the understanding
of credit score calculations and how different factors affect
scores either positively or negatively. ScoreNavigator can only
suggest actions a consumer can take. ScoreNavigator itself cannot
directly cause credit scores to rise or fall. ScoreNavigator is a
tool used by consumers and loan originators to maximize a credit
score resulting in more approvals and closed loans. For further
information, visit www.scorenavigator.com.
About CreditDNA
CreditDNA, Inc., a wholly owned subsidiary of Crednology Holding
Corp, is a Credit Management company with exclusive technology that
other companies do not have. We help you establish or re-establish
a good credit history, and provide ongoing training and support.
CreditDNA, Inc. provides you with up-to-date credit education
material and your own credit coach to assist in keeping you on the
right credit path. For further information, visit
www.creditdna.us.
Safe Harbor Statement
Matters discussed in this press release contain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. When used in this press release, the words
"anticipate," "believe," "estimate," "may," "intend," "expect," and
similar expressions identify such forward-looking statements.
Actual results, performance or achievements could differ materially
from those contemplated, expressed or implied by the
forward-looking statements contained herein, and while expected,
there is no guarantee that we will attain the aforementioned
anticipated developmental milestones. These forward-looking
statements are based largely on the expectations of the Company and
are subject to a number of risks and uncertainties. These include,
but are not limited to, risks and uncertainties associated with:
the impact of economic, competitive and other factors affecting the
Company and its operations, markets, product, the impact on the
national and local economies resulting from terrorist actions, and
U.S. actions subsequently.
Contact: Crednology Holding Corp:
ir@credholdingcorp.com
Corporate Website: http://www.credholdingcorp.com
SOURCE: Crednology Holding Corp.