BrandsMart Renews Contract with Warrantech.

Mega-Retailer Signs Five-Year Service Contract Agreement

BEDFORD, Texas -- BrandsMart USA, one of the largest discount retailers of consumer appliances and electronics, has signed a new five-year service contract agreement with Warrantech Corporation. Effective through March 13, 2013, the agreement calls for Warrantech to continue to administer BrandsMart's service contract program.

A leading independent provider of service contract programs and after-market products, Warrantech has worked with BrandsMart USA since 1990. Florida-based BrandsMart USA operates five stores in South Florida and three in Atlanta, each of which stocks more than $8 million in merchandise and sells thousands of consumer products.

Joel San Antonio, chairman and chief executive officer of Warrantech, said the BrandsMart USA contract is a testament to Warrantech's ongoing commitment to quality service.

"We've worked with BrandsMart USA for 18 years now, and our new agreement means we'll be on board for at least five years more," San Antonio said. "When a company as respected as BrandsMart USA chooses to partner with you for more than two decades, it says something about your own organization as well.

"It not only says you provide significant value to your partners and their customers, it also says you're a leader that's equally committed to excellence in your own right. We're very proud BrandsMart USA has chosen Warrantech once again," he added.

Lary Sinewitz, executive vice president for BrandsMart USA, said, "Attention to customer service is what has made BrandsMart the leading discount retailer in the Southeast. By choosing Warrantech as our service contract provider, we know we can depend on--and deliver--stellar customer service time and again."

About BrandsMart USA:

Headquartered in South Florida, BrandsMart USA is one of the largest discount retailers of consumer appliances, electronics and house wares. BrandsMart delivers the best name-brand products to its customers at the lowest prices possible. Each location contains thousands of products including televisions, all types of appliances, audio, video, home theater, projection television, car stereo, small appliances, computers, cellular telephones, satellites, entertainment furniture and thousands of accessories for your every need. www.brandsmart.com.

About Warrantech:

Warrantech Corporation administers and markets service contracts and after-market warranties on automobiles, automotive components, recreational vehicles, appliances, consumer electronics, homes, computer and computer peripherals for retailers, distributors and manufacturers. Acquired by H.I.G. Capital in 2007, the company continues to expand its domestic and global penetration, and now provides its services in the United States and Canada. www.warrantech.com.