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FOR IMMEDIATE RELEASE
SCORTO COMPLETES DELIVERY OF ITS CREDIT SCORING SOLUTION TO DAIMLERCHRYSLER BANK RUS
Las Vegas, NV, November 12, 2007 Scorto Corp., a Las Vegas, NV-based innovative credit scoring software vendor, announced today that it has completed the delivery of a complete, customized version of the Scorto Credit Scoring Solution to DaimlerChrysler Bank Rus, a subsidiary of Daimler AG, the world's premier automotive manuafacturer. The signature of the contract with DaimlerChrysler Bank Rus was the result of Scorto having won a tender for the delivery of a credit scoring system to DaimlerChrysler Bank Rus. Scorto has been able to offer a comprehensive, convincing, robust, and innovative solution, fully capable of fulfilling DaimlerChrysler Bank’s credit scoring needs and supporting the Daimler Group’s continuous expansion on the Russian market. Becoming a supplier to the finance division of a world-renowned car manufacturer such as the Daimler Group is an important step for Scorto Corp., which intends to establish itself as a worldwide provider of credit scoring systems to banking institutions and the finance divisions of major automobile manufacturers. About DaimlerChrysler Bank Rus DaimlerChrysler Bank Rus (Moscow) is a subsidiary of Daimler AG, one of the world’s largest suppliers of passenger cars, SUVs, sports tourers, pickups, and minivans and the world’s largest manufacturer of commercial vehicles. DaimlerChrysler Bank Rus was founded by Daimler AG and inaugurated on November 7, 2007 in the Russian capital of Moscow. The bank will grant loans for purchase of Mercedez-Benz, Chrysler, Dodge, and Jeep vehicles, manufactured by the Daimler Group. With the establishment of DaimlerChrysler Bank Rus, the volume of the Group’s lending and financial operations on the Russian market is expected to grow five-fold from EUR 80 to EUR 400 million mid term. The founding of the bank will also allow Daimler AG to offer a complete and diverse range of financial services from a single source, making the Daimler Group the only overseas automotive manufacturer on the Russian market with a banking institution and leasing company of its own. For more information, visit www.daimlerchrysler-financialservices.com, www.daimler.com About Scorto Corporation The Las Vegas, NV-based Scorto Corp. is an innovative provider of complete credit scoring solutions for the banking, automotive, and other industries. Scorto is a direct descendant of Alyuda Research (www.alyuda.com), one of the world leaders in the development of neural network forecasting and trading software and it actively uses the huge scientific potential and expertise of this company. For more information, visit www.scorto.com, www.scorto.hk |
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