| ATLANTA,
July 1 /PRNewswire-FirstCall/ -- Equifax Inc. (NYSE: EFX) today announced it has
completed the previously announced sale of assets of its Direct Marketing Services
division to Alliance Data Systems (NYSE: ADS) for gross proceeds of $117 million,
subject to certain adjustments. About
Equifax (www.equifax.com) Equifax
empowers businesses and consumers with information they can trust. A global leader
in information solutions, we leverage one of the largest sources of consumer and
commercial data, along with advanced analytics and proprietary technology, to
create customized insights that enrich both the performance of businesses and
the lives of consumers. With
a strong heritage of innovation and leadership, Equifax continuously delivers
innovative solutions with the highest integrity and reliability. Businesses
- large and small - rely on us for consumer and business credit intelligence,
portfolio management, fraud detection, decisioning technology, marketing tools,
and much more. We empower individual consumers to manage their personal credit
information, protect their identity, and maximize their financial well-being. Headquartered
in Atlanta, Georgia, Equifax Inc. operates in the U.S. and 14 other countries
throughout North America, Latin America and Europe. Equifax is a member of Standard
& Poor's (S&P) 500 Index. Its common stock is traded on the New York Stock
Exchange under the symbol EFX. Forward-Looking
Statements
The
foregoing contains forward-looking statements within the meaning of The Private
Securities Litigation Reform Act of 1995. The forward-looking information may
be identified by such forward-looking terminology as "anticipate", believe",
"may", and similar terms or variations of such terms. Our forward-looking
statements are based on our assumptions, estimates and projections about our Company
and the Direct Marketing Services division ("DMS") and involve significant
risks and uncertainties, including: the risk that anticipated benefits from the
sale transaction may not be realized or may take longer to realize than expected
and the risk that estimated or anticipated costs, charges and liabilities to settle
and complete the exit from and disposal of DMS, including both retained obligations
and contingent risk for assigned obligations, may differ from or be greater than
anticipated. If these or other significant risks and uncertainties occur, or if
our estimates or underlying assumptions prove inaccurate, our actual results could
differ materially. You are urged to consider all such risks and uncertainties.
In light of the uncertainty inherent in such forward-looking statements, you should
not consider their inclusion to be a representation that such forward-looking
matters will be achieved. The Company assumes no obligation to and does not plan
to update any such forward-looking statements. Certain
other factors which may impact our continuing operations, prospects, financial
results and liquidity or which may cause actual results to differ from such forward-looking
statements are also discussed or included in our Annual Report on Form 10-K for
the year ended December 31, 2009 under Item 1A, "Risk Factors", and
our other filings with the Securities and Exchange Commission and available on
the Equifax website, www.equifax.com, under "Investor Center." You are
urged to carefully consider all such factors. Equifax assumes no obligation to
update any forward-looking statements to reflect events that occur or circumstances
that exist after the date on which they were made. SOURCE
Equifax
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