BOULDER, Colo., June 29, 2004 (PRIMEZONE) -- CapSource Financial, Inc. (OTCBB:CPSO) announced today that it had completed the planned consolidation of its Mexico City offices into new facilities located in Tlalnepantla in northwest Mexico City.
"The consolidation of our leasing and trailer sales operations, as well as parts, storage and repair, into one facility in an area of the city where many transportation businesses are headquartered, allows us to provide even better customer service as well as a reduction in costs," said Lynch Grattan, Director and Manager of the company's Mexican operations. The new address of the new facility is:
Alamo 36 Fracc. Industrial Tabla Honda 54140 Tlalnepantla Estado de Mexico Mexico
The REMEX phone number is 011-52-55-9113-61-94 and its website is www.remex-rentas.com.mx. The RESALTA phone number is 011-52-55-5389-23-23 and its website is www.resalta.net.
About CapSource Financial, Inc.
CapSource Financial, Inc. was incorporated in 1996 to take advantage of the 1994 North American Free Trade Agreement (NAFTA) and the increased economic activity that NAFTA triggered when the world's largest free trade area was created by linking 406 million people in Mexico, the U.S. and Canada producing more than $11 trillion worth of goods and services or about one-third of the world's total GDP. After ten years, NAFTA has been a huge success. Mexico is now the United States' second largest trading partner. Total trade among the three NAFTA countries has grown to $1.7 billion in goods crossing the borders each day. U.S. trade with Mexico has increased nearly 500 percent -- from $48 billion to $239 billion since the passage of NAFTA. The vast majority of this trade moves by truck.
In addition to its RESALTA subsidiary, CapSource owns and manages a lease/rental fleet of over-the-road truck trailers and related equipment through its REMEX subsidiary, also based in Mexico City. CapSource's common stock trades on the electronic bulletin board under the symbol CPSO.