Press Release

Montreal, Qc. – January 31, 2011

CashOnTime's CEO Michel Vincent is proud to announce the opening of a sales and customer service office in Paris, France.

Following the strong interest expressed by French CFOs as well as the positive outcome of a number of strategic meetings that took place during a recent business trip to Europe, the CEO of CashOnTime, Michel Vincent, is pleased to announce his company is now open for business in the French capital.

« France and continental Europe both offer exciting business opportunities for a solution like CashOnTime and we are totally committed to seizing them and to offer our high quality product in this important market ». says Michel Vincent.

CashOnTime is a state of the art accounts receivable software solution dedicated to helping CFOs and Vice-Presidents better manage their cashflow, reduce their DSO, and raise the efficiency of their collections efforts. Available in both SaaS and hosted versions, CashOnTime was designed by credit and collections professionals for the benefit of mid to large size corporations

To learn more or to organize an interview with Michel Vincent please contact:

Marc Levasseur, Communications Manager 514-905-1COT local 222

mlevasseur@cashontime.com

Our Blog : http://blog.cashontime.com