There are currently more than 1,200,000 ON TIME devices being used by car dealerships throughout world wide assuring payment on more than $2.6 billion of auto loans. As a result, financial institutes and auto dealers have reported significant decreases in late payments and repossessions. In many instances, delinquency and repossession rates have dramatically dropped to levels lower than three percent, as compared to previous American industry averages that range between 20-30 percent.

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About erad General Trading L.L.C: erad was founded by a senior management team with Information Technology ,automotive and lending experience to develop and bring new technologies to the lending market.

After two years of proprietary research to develop a product for use in the finance industry and building a unique and strategic partnership with one of the world's leading microprocessor Manufactures offering advanced asset and operations management tools for pro-active Finance resolution history in order to prevent collection problems, improve cash flow and asset protection.

The ON TIME System, the first patented software driven high-tech product developed specifically for the highrisk credit community with out the use Starlight or a Wireless links.

For more information, please visit www.eradllc.com or contact the Sales Department Tel: 9714 2957735

In a move that helps to address one of the biggest problems facing all auto dealers and finance companies, Dubai- based ERAD LLC. (erad), announced today that it's renowned ON TIME device is now available to financial institutions throughout the UAE.

Through its partner Special Sentinel Trading LLC which is offering the ON TIME total solution; a patented system that ensures timely collection of customer payments.

The ON TIME payment Protection solution is used extensively throughout the United States, Canada, Mexico, New Zealand, United Kingdom and Cyprus by lending institutions that provide automobile financing to individuals who have no credit history or sub-prime and/or are high credit risks. Installed under a car's dashboard, ON TIME is an electronic unit that tracks payments and prevents a vehicle from starting if a customer's scheduled payment is not made ON TIME.

"We are in the process of expanding our international distribution network as more and more financial institutions around the globe realize the bottom- line benefits of the ON TIME system as a credit enhancement tool," said Basel Al Salah, CEO of ERAD and Vice President of International Operations & Technology Solutions of Sekurus, Inc. the founders of the ON TIME System.

"This latest move represents an exciting new opportunity for us, and we look forward to providing our system to organizations throughout the UAE and the Middle East where we have based our solution development and international distribution head quarters out of Dubai.'