GFD Announces Development Progress for Corporate Art Subsidiary

SAINT PAUL, Minn., Sept. 28, 2011 /PRNewswire/ -- General Finance and Development, Inc. (GFD) (Other: GFDV) announced today that the company's subsidiary Corporate Art Force has recently secured master services agreements or purchase orders that have contributed to a 32 percent increase in sales orders over the same period in 2010. GFD has experienced a string of three straight quarters of profitability.

Over the past several months CAF has developed a "SmartArt" Program designed for large corporate clients. Many are included in the Fortune 500 list. The SmartArt Program includes appraising the existing art inventory, making recommendations on resale and reuse, and creating a new standardized art program integrating the full capabilities of CAF.

CAF has a network of over 1,000 artists whose creations are reviewed by the company's art selection committee for approval. The art consultants have extensive backgrounds in the industry and participate in the company's proprietary Art Consultant Certification Program. CAF's production and installation team has completed, shipped and installed over 12,000 pieces of artwork to more than 100 clients in 40 states.

CAF is developing a healthcare division that integrates evidence based design research and artwork selection and placement. The research suggests that utilized properly, artwork can improve patient outcomes in addition to contributing to overall well being and improved productivity of healthcare staff. The new healthcare division is scheduled to be fully operational by year-end.

CAF has developed a model that can be replicated in other cities. Final preparations are being completed to add staff to represent CAF in Chicago during the fourth quarter of 2011, and the search and site selection for a branch office location during the first quarter of 2012.  

Corporate Art Force provides turnkey art procurement services to corporate clients nationwide. The company specializes in brand alignment, helping corporations large and small select visual elements and artwork that perfectly aligns with their key messages to targeted audiences. CAF's art fulfillment capabilities provide the standardized logistical process needed to select, procure, frame, ship and install artwork worldwide. CAF uses its position as a national leader to deliver cost efficiencies on all of the above with the best pricing by leveraging the expertise of best practices, volume buying  and economies of scale in production.

General Finance and Development, Inc. combines investment capital and business development services to small and mid size companies. Capital is made available to qualified companies by equity and/or strategic loan agreements. Business development services include business planning, organization and management development. GFD also pursues merger/acquisitions and joint venture projects.

The foregoing material may contain forward-looking statements. We caution that such statements may be subject to uncertainties and that actual results could differ materially from the fore-going statements. Readers accordingly should not place undue reliance on these forward-looking statements which do not reflect anticipated or unanticipated events or circumstances occurring after the date of these forward-looking statements. More information regarding General Finance and Development including financial statements and reports is available at the company's website www.genfd.com and www.otcmarkets.com.

CONTACT:
William Kieger
(763) 567-2208
www.genfd.com

SOURCE General Finance and Development, Inc.