Empresas y finanzas

Western Union Extends Agreement With India's Weizmann Forex Limited



    The Western Union Company (NYSE:WU), a leading provider of money
    transfer services, today confirmed a multi-year agreement with its
    Agent, Weizmann Forex Limited, to provide money transfer services in
    India, via more than 10,000 locations. Weizmann Forex has been a
    Western Union Agent since 2001 and is one of the leading Agents in
    India.

    Western Union is one of the leading providers of money transfer
    services in the world. It continues to grow by capitalizing on
    long-term global migration trends and increasing cross-border
    remittances. According to World Bank's Global Economic Prospects
    report -- India is the world's largest receiver of remittances with
    23.4 Billion US Dollars remitted into India in 2006.

    Weizmann Forex Limited is one of the leading money exchange
    companies in India. Weizmann Forex Limited is part of Weizmann Group,
    a company that has been in business for more than two decades during
    which it has acquired a reputation in the fields of Textiles
    Manufacturing, Wind and Hydro Power Generation, Exports, Housing,
    Consumer Finance and Financial Services.

    One of the leading players in India's money exchange arena,
    Weizmann Forex Limited has branches across India and a presence in all
    major Indian cities. This long-term agreement broadens the
    relationship between Western Union and Weizmann Forex further
    consolidating Weizmann Forex' presence in the money transfer field and
    reaffirming Western Union's commitment to India as a growth market.

    "We look forward to the continuation of our important relationship
    with Weizmann Forex Limited," said Christina Gold, President and CEO,
    The Western Union Company. "Western Union understands the complexity
    and diversity of the Indian market and is committed to providing the
    valued financial services the Indian consumer has come to expect from
    us. Working with trusted businesses like Weizmann Forex enables us to
    deliver on our promise to enhance our network and deliver the best
    service possible for our customers."

    About Weizmann Forex Ltd

    Weizmann Forex Ltd is one of the leading money exchange services,
    and a leading network agent for Western Union in India. Weizmann Forex
    Limited is part of Weizmann Group, a company that has been in business
    for over two decades during which time it has acquired a reputation in
    the field of Textiles Manufacturing, Wind and Hydro Power Generation,
    Exports, Housing, Consumer Finance and Financial Services. Weizmann
    Forex Limited has 31 branches in major cities across the country.

    About Western Union

    Western Union, together with its affiliates Orlandi Valuta and
    Vigo, are leading providers of global money transfer, providing people
    with fast, reliable and convenient ways to send money around the
    world, pay bills and purchase money orders through a network of
    approximately 300,000 Agent locations in over 200 countries and
    territories. For more information, visit www.westernunion.com.

    WU-G