FOR IMMEDIATE RELEASE
May 22, 2009

SERVICE NET SELECTED BY SEARS CANADA INC. TO PROVIDE READY REPLACEMENT PLANS

Ready Replacement offers customers an immediate solution for product replacement.

JEFFERSONVILLE, Ind. — (May, 2009)

— Service Net Solutions, LLC, a service management company providing a full range of industry-leading service solutions, announced Sears Canada selected Service Net to manage and administer a replacement plan on a vast selection of Sears products under $400.00. “Ready Replacement” provides unique benefits including an extra year of protection, a gift card that’s quickly loaded for the value of the purchase if the product fails, and the ability use that credit for shopping at Sears Canada.

The Ready Replacement plan, officially launched in March, is available to all Sears Canada customers protecting their product for one additional year after the expiration of the manufacturer’s coverage. The Ready Replacement gift card that comes with the plan covers 100% of their product purchase in addition to applicable taxes.

“We created a unique replacement plan tailored for Sears Canada. Ready Replacement is simple and easy — it provides an extra year of warranty and if your product fails, you’re paid the full value on a gift card, to go shopping back at Sears Canada,” said Dan Tafel, Vice President of Sales for Service Net.

Both companies focus on delivering exceptional customer service to their consumers. Combining Service Net’s creative marketing and claim fulfillment expertise with Sears Canada’s long history of providing quality services, products and solutions will continue to enhance the consumers experience with purchasing their products from Sears.

“It’s a refreshing new approach to service contracts; Ready Replacement allows Sears to engage our customer, provide them a timely replacement solution with superior value. Using the Ready Replacement gift card is a unique approach in the Canadian market that drives measurable brand loyalty” said Peter May of Sears Canada.

Service Net is established as one of the nation’s leading service contract and warranty companies maintaining client partnerships with several of the world’s leading manufacturers and retailers. By collaborating with Sears Canada, Service Net plans to continue to grow as a key provider in the service solutions industry.

About Sears Canada Inc.
Sears Canada Inc., more commonly referred to as “Sears,” is a retailer, headquartered in Toronto, Ontario, that operates in all provinces and territories across Canada with a network of 188 corporate stores, 180 dealer stores, 67 home improvement showrooms, 112 Sears Travel offices and a nationwide home maintenance, repair, and installation network. Sears also has a general merchandise catalogue with over 2,200 catalogue merchandise pickup locations. There is a Sears location within a 10-minute drive of 93% of Canadians. Sears Canada Inc. offers Canadian consumers a diverse array of shopping options, with department and specialty stores, a comprehensive website, and a broad range of home-related services. For more information visit www.sears.ca.

About Service Net
SERVICE NET is a service management company focused on enhancing the relationship between our clients and their customers to increase brand loyalty and maximize the lifetime value of their relationship. We deliver a full range of industry-leading service solutions including warranty management administration, extended service programs, customer service support, service network management, claims processing services, and service contract underwriting. We provide these services for a variety of manufacturers, retailers, buying groups and distributors. Service Net serves several Fortune 1,000 companies in the consumer electronics, home appliance, PC products, and HVAC industries including: Toshiba, The PRO Group, CDW, Samsung, Lennox, Maytag, Philips, Crutchfield, and Sony. Headquartered in Jeffersonville, Ind., the company maintains sales offices in Denver; Hartford, Conn.; and Irvine, Calif. For more information, please go to www.servicenet.com.

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