Major Canadian Agency under New Management

• Nordon Collections Network Inc. (NCN), a wholly owned Canadian collection agency founded 46 years ago has changed ownership. Graeme Stirrett and Audrey D'Souza-Moraes are pleased to announce that NCN has restructured its Canadian Operation under an experienced team which will lead NCN in 2011 and beyond. NCN has made significant investments in skill and resources to tackle the evolving needs of credit grantors, retailers, the telecommunications sector and all levels of government.

• President and CEO, Graeme Stirrett, brings over 30 years of senior management experience and has been involved in the Canadian, U.S, UK, nearshore and offshore markets for both first and third party collections, as well as inbound and outbound First Contact outsourcing. Graeme has been part of successful teams throughout his career and he is looking forward to 2011 as a "Breakout" year for NCN.

• Principal and Executive Consultant, Audrey D'Souza-Moraes brings a wealth of entrepreneurial skills and business acumen to this enterprise. Audrey has chaired many professional organizations and has managed several successful small businesses. As the wife of the late NCN President & CEO, Paul Moraes, Audrey carries a legacy into the future with passion and determination.

• CFO, Clayton Dixon has extensive background in Canadian financial institutions. With an MBA from Schulich School of Business and a CMA designation, Clayton will be key in delivering strong technical and administrative initiatives that will spearhead the evolution of our corporate practices.

• V.P. Operations, Western Region, Geoff Davidson began his successful career over 27 years ago and has held many increasingly senior positions across Canada with other National collection agencies prior to joining NCN. His role leads and supports our western branches in Vancouver, Edmonton and Calgary delivering excellence.

• V.P. Operations Central / Eastern Regions, Vince Pianta has managed recovery operations for over 20 years. Vince specializes in competitive races for large credit grantors in the Canadian and US marketplace. Vince contributes a vast and diversified collection experience to NCN and has emerged as one of the foremost operations managers in our industry.

• V.P. Business Development, Bill Stewart, brings over 30 years of collection agency sales experience to NCN. He is respected in the industry and his experience with Financial Institutions and Governments will ensure continuous growth.

• V.P. Sales, Marketing and Client Care, Neil Casselman has managed clients and delivered superb collections solutions in the Telecommunications, Leasing and Utility sectors for over 25 years. Neil has both National and International experience and is familiar with a wide range of client needs and is extremely well respected in our industry. This dynamic team will deliver premier recovery solutions in our evolving and challenging economy.

• NCN lives at www.ncn.ca