Replies to post #3538 on GSI Securitization, Inc. (fka GSII)

[Walker]

Here you go dtstx:

GSI Securitization and MediCredit, Inc. Enter into Definitive Agreement
- prnewswire.com
June 22, 2007


GSI Securitization Ltd. (Pink Sheets: GSIEF) and MediCredit, Inc. announce today that they have signed a definitive agreement in a Joint Marketing, Sales and Finance Agreement to market, arrange for funding and service ratable healthcare provider receivables for clinical and diagnostic claims for No-Fault/PIP, Workers' Compensation, Medicare, Champus, and company and union sponsored commercial health insurance benefit plans.

Management believes that this Agreement will generate additional cash flow of at least $4,000,000.

GSI will work with MediCredit clients and new business development to facilitate the sale of asset-backed third-party current, non-current insurance receivables for cash at discounted rates that will cover cost of money, operations, reporting and profit.

MediCredit will be responsible for the marketing and sales function, and GSI will provide the asset-backed finance sources.

Safety of investment will be managed jointly by accounting and reporting mechanisms already utilized for MediCredit and to GSI's funding group protocol for 24/7 analysis.

This value added asset-based business represents an addition phase of business and growth opportunity to GSI to benefit both parties providing capital for clinics, diagnostic testing facilities, laboratories, private and group physician practices, home healthcare agencies, substance abuse clinics, rehabilitation facilities and hospitals.

MediCredit, Inc. will continue to establish purchase lines for insurance receivables and GSI will provide funding sources through its partners to for these sales. Reports will provide incisive information for controlling and security of profit centers.

The products available will be labeled as "the Capital Choice" under GSI and MediCredit alliance.