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Signs new contract to purchase additional bad debt
Richmond, VA, Jan. 5, 2004 -- InoVision, a provider of after collection solutions for utilities in the country, announced that it has renewed its' relationship with Dominion to buy additional bad debt from the company.
The business relationship between Inovision and Dominion started in 2002. "Dominion is a high profile and innovative electric and gas utility company," said Joel Lewis, president of InoVision and Marlin Integrated Capital Holding Corporation.
"Dominion's strategic decision to sell its bad debt to our company validates InoVision's position as the financial solution provider that truly understands the unique needs of the utilities sector. Knowing how to convert dormant bad debt in a heavily regulated environment while providing outstanding customer service are the hallmark of our innovative approach."
Lewis continues, "Having a highly respected company like Dominion renew its' relationship with InoVision as a partner demonstrates the unmatched level InoVision provides its' utility clients. InoVision continues to provide Dominion added monetary value while minimizing post-sale issues and maximizing customer satisfaction ."
About InoVision, A Marlin Company LLC
InoVision, A Marlin Company LLC, is the largest provider of after collection solutions for utilities in the country. Founded by former utility company employees for utility company employees, InoVision understands the special needs of utilities and knows how to turn dormant bad debt into immediate cash. InoVision can be reached at 804-364-0195 or at http://www.inovisioninc.com.
About Dominion
Dominion, headquartered in Richmond, Va., is one of the nation's largest producers of energy, with an energy portfolio of more than 24,000 megawatts of generation, 6.2 trillion cubic feet equivalent of proved natural gas reserves and 7,900 miles of natural gas transmission pipeline. Dominion also operates the nation's largest underground natural gas storage system with more than 960 billion cubic feet of storage capacity and serves 5.3 million retail energy customers in nine states. For more information about Dominion, visit the company's Web site at www.dom.com.
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