Computer and office equipment financing company ThinkSmart Ltd
(ASX:TSM) has signed a two year contract extension with JB Hi-Fi Ltd
(ASX:JBH).
The contract is to extend the two company’s existing three year relationship to mid 2012.
CEO Ned Montarello says the company is delivering strong like for like growth with JB Hi-Fi and are benefitting from both the improvements delivered by ThinkSmart’s QuickSmart in store processing system, and new product enhancements at the beginning of the year.
Mr Montarello says the company looks forward to continuing to play its role in supporting JB Hi-Fi in its growth path and delivering a valuable service to their customers.
In May the company signed a five year exclusive customer rental agreement with UK’s largest electrical retailer, DSG International.
ThinkSmart reported a profit for the 2009 calendar year, up on the year before.
