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Baldwin, NY (November 2, 2000) - MyReceivables.com announced
today that it has leased office space in Lynbrook. MyReceivables.com,
a leading provider of online accounts receivable funding and
management and technology services, plans to move to its new
location in mid-December.
The new location at 303 Merrick
Road in Lynbrook will increase the company's office space
by three times, compared to its current Baldwin facility.
The Lynbrook office also houses a secure 2,000-square-foot,
state-of-the-art computer facility, which will enhance operations
for MyReceivables.com as it continues to meet the demand for
secure, web-based solutions for transaction processing and
funding.
"Moving to our new high-tech
location really parallels our move within the online accounts
receivable funding and technology markets," said Leonard Leff,
president and chief executive officer of MyReceivables.com
and its parent company, CDS Companies. "We will be able to
continue our successful 28-year history in account receivable
management and funding while we expand our services in web-enabled
technology to meet our clients' needs and market demand."
MyReceivables.com launched
its operations in early 2000. The company is the first provider
of a full range of online accounts receivable services, including
accounts receivable management, rapid funding, technology,
virtual credit cards, billing, collections, and database marketing;
making it the Internet's leader for small businesses' accounts
receivable funding and management. Additionally, MyReceivables.com
is leading the way with proprietary online payment and transaction
processing technology offering a variety of custom credit
purchasing programs for consumer and business-to-business
Internet transactions.
CDS Companies is a New York-based
financial services and technology company in operation since
1972. For more information, visit the company's web site at
MyReceivables.com
or call Leonard Leff, president and chief executive officer
at 1-800-338-7353.
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