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Press Room

4 August 2008

RQI Moves Headquarters to Georgia

RQI (Remesas Quisqueyana, Inc.), a leading provider of electronic fund transfer services, today announced it has moved it’s corporate headquarters to Lawrenceville, GA which is located approximately 32 miles NE of downtown Atlanta. Prior to moving to Lawrenceville, RQI’s HQ was located in the Washington Heights area of New York City for the last 20 years. RQI’s new location more than doubles the current office space, which will allow for the continued increase in staffing over the coming years. The new GA location provides a state of the art IT and communications infrastructure, house Credit and Collections, Agent Services, Accounting/Finance, Treasury, Compliance, International, Human Resources and Sales & Marketing Management. The Customer Service Call Center will be based in the Dominican Republic. RQI will continue to have a Regional office NY, where the Manager of Q’s stores and all other non-money transfer related services such as Travel, Telephony, Tax, etc will remain.

“We are committed to making RQI a great place to work for our employees while also preparing for an important and aggressive growth phase in our business” said Laybaa Hernandez, VP, Operations. “Although reluctant to leave, after much consideration, the entire management team agreed that the Atlanta area offers our current employees relocating from New York a high quality of life and an extremely attractive cost of living while also offering RQI with a large pool of prospective employee talent,” Hernandez added.

“Atlanta is a great place to live and do business and the Lawrenceville / Duluth area NE of downtown selected for our office is an attractive suburban location with easy access to major highways and the airport. The city offers a strong ethnic diversity, lower cost of living, and provides many resources for a wonderful lifestyle and great quality of life. The weather is excellent most of the year and Atlanta is a hub for Delta Airlines therefore making it easy to travel to any part of the country, as well as internationally. In Georgia, taxes are relatively low and the cost of living will provide our current employees an immediate and significant increase in spending power.” said Mario Trujillo, President and CEO.

About RQI

RQI is a leading provider of electronic funds transfer services from a base of approximately 700 agents and 25 company-owned branch stores, with capabilities of sending money to over 48 countries through more than 18,000 payout locations. Headquartered in Atlanta, GA, the RQI currently operates in New York, New Jersey, Florida, Massachusetts, Connecticut, Maryland, Pennsylvania, Illinois, Texas, Ohio, Virginia, Georgia, Alabama, Alaska, New Hampshire, Rhode Island, Arkansas, Washington DC, Mississippi, Oklahoma, South Carolina, Arizona, Kentucky, Louisiana, Missouri, Montana, New Mexico, Oregon, Washington, Puerto Rico, the U.S. Virgin Islands and Canada. In addition to the core remittance service via PC terminal, phone or online, the Company offers ancillary products, including discount and prepaid telecom cards, travel services and tax preparation services.

Terry Mireles
RQI Marketing Director
Tel: 678-407-7022

RQI is a subsidiary of Latinvest Holdings II, Inc.