ASSET INC. NAMED 50 BEST FOR FIFTH CONSECUTIVE YEAR

Toronto, CANADA (February, 06, 2006) – ASSET named as one of Canada’s 50 Best-Managed Companies for the fifth consecutive year, at the 13th annual awards night.

It is a prestigious honour, for the fifth consecutive year, to be named as one of Canada's 50 Best Managed Companies. The 13th annual award program was held at a black-tie gala evening on February 6, at the Westin Harbour Castle where Best Managed winners celebrated the success with their executive management teams and fellow honourees.

The Canada’s 50 Best Managed Companies program was created in 1993 to recognize successful Canadian companies that have proven to be innovative, responsive to changing economic conditions and profitable. The program profiles Canadian companies that have outstripped their competitors, created thousands of jobs, produced accelerating revenues and excelled both domestically as well as in foreign markets. The National Post, Deloitte, CIBC, and Queen's University sponsor the award.

“Once again we are delighted to be sharing the stage with so many great Canadian companies. When we received this honour for the first time five years ago it was a remarkable achievement. Now that we have achieved this honor for the fifth time; it demonstrates our ability to create long term business value by leveraging new technology while adapting to change. It is also a reflection of the commitment of our customers, and the competence of our employees and their ability to continually improve the levels of service and innovation that we deliver everyday to our valued clients.” said William Meany, President of ASSET. “2005 was an exceptional year for ASSET, … A U.S. Patent was granted for our transaction software ….We opened a regional office in Melbourne, Australia to support our business in Australasia … and we successfully completed compliance with our annual surveillance audit for the ISO 9001:2000 standard in December 2005.”

ASSET continues to expand its workforce, client base, and service offerings both domestically and internationally, with several new initiatives at various stages of delivery that will continue to bring significant growth to the company.

About Asset Inc.
Asset Inc. was founded in 1978. The company's services range from collection processes and supply chain management, to collection e-business engineering and consulting. The company currently supplies various collection-processing technology and infrastructure services to all of Canada's 10 largest banks and financial institutions as well as to over 200 financial institutions worldwide. ASSET's headquarters are located in Toronto, Canada and it has offices in Australia, USA, and the U.K. For further information, visit http://www.asset.net.

About Canada’s 50 Best Managed Companies Award
Established in 1993, Canada's 50 Best Managed Companies is the country’s leading business awards program, recognizing excellence in Canadian-owned and managed companies with revenues over $50 million. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the caliber of their management abilities and practices. Program sponsors are Deloitte, CIBC, National Post, and Queen's School of Business. For further information, visit http://www.canadas50best.com.

Contact:
William Meany
President, ASSET Inc.
(416) 977-7771 x254
william.meany@asset.net

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