Good market position and strong operating performance Well-integrated and effective business model Experienced and knowledgeable management team Dependence on contract renewals and subscriber growth Highly leveraged capital structure Very aggressive financial policy stemming from private equity ownership Healthy cash flow generation with limited working capital or capital expenditure needs The stable outlook on NEWAsurion Corp. reflects Standard&Poor's Ratings Services' expectation that the company will continue to generate solid cash flow and be able to service its debt adequately. We believe the company benefits from its solid competitive position in the handset protection and extended service warranty market, strong attachment rates, and successful international expansion that have led to healthy and predictable revenue streams. We believe these factors will
