Sana International Commerce Awarded Ex-Im Bank Minority Business Exporter of the Year

 Sana International Commerce Awarded Ex-Im Bank Minority Business Exporter of
                                   the Year

PR Newswire

WASHINGTON, April 4, 2013

WASHINGTON, April 4, 2013 /PRNewswire-USNewswire/ -- Sana International
Commerce, Inc. (Sana International Commerce) received the Minority Business
Exporter of the Year award from the Export-Import Bank of the United States
(Ex-Im Bank). The award was presented at the Bank's 38th Annual Conference in
Washington, D.C.

(Logo: http://photos.prnewswire.com/prnh/20110414/MM83673LOGO)

"By selling their products to customers overseas, Sana International Commerce
has been able to drastically increase sales and sustain American jobs," said
Ex-Im Bank Chairman and President Fred P. Hochberg. "I am proud that we
supported a record level of exports by minority-owned businesses last year,
and Ex-Im Bank remains committed to ensuring that business owners of all
backgrounds have access to the financing they need to succeed."

"The support of the Ex-Im Bank has helped our company bloom," said Sana
International Commerce Manager Rossie Ortiz. "When we started our operations,
we often had to reject orders due to lack of capital. However, with the
support of Ex-Im Bank, we have increased our sales and created jobs in our
community."

The company, which was founded in 1994 and is based in San Antonio, Texas,
sells and repairs heavy industrial equipment for oilfield, locomotive, and
marine industries. Over the past 19 years, Sana International Commerce has
grown from a 2-person operation to a staff of 28. Since using Ex-Im Bank's
working capital guarantee, the company's sales have increased from $400,000 to
more than $8.3 million, and it has also added two divisions, Renewable Energy
and Food & Beverages. Frost Bank of San Antonio, Texas was the lender.

In Fiscal Year 2012, Ex-Im Bank supported a record level of exports by women
and minority-owned businesses – a 17 percent increase over the year before –
and it is now the fastest growing sector in the Bank's small business
portfolio.

Ex-Im Bank's 2013 Annual Conference will feature prominent members of the
business and government community including Vice President Joe Biden,
Transportation Secretary Ray LaHood, former Treasury Secretary Larry Summers,
former National Security Advisor General James Jones, Xerox Corporation CEO
Ursula Burns, and Citibank Chairman Michael O'Neill.A full listing of
speakers, panelists, and moderators is available on Ex-Im's website:
www.exim.gov

About Ex-Im Bank
Ex-Im Bank is an independent federal agency that helps create and maintain
U.S. jobs by filling gaps in private export financing at no cost to American
taxpayers. In the past five years (from Fiscal Year 2008), Ex-Im Bank has
earned for U.S. taxpayers nearly $1.6 billion above the cost of operations.
The Bank provides a variety of financing mechanisms, including working capital
guarantees, export-credit insurance and financing to help foreign buyers
purchase U.S. goods and services.

Ex-Im Bank approved nearly $35.8 billion in total authorizations in FY 2012 –
an all-time Ex-Im record. This total includes more than $6.1 billion directly
supporting small-business export sales – also an Ex-Im record. Ex-Im Bank's
total authorizations are supporting an estimated $50 billion in U.S. export
sales and approximately 255,000 American jobs in communities across the
country. For more information, visit www.exim.gov.

SOURCE Export-Import Bank of the United States

Website: http://www.exim.gov
 
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