ThinkSmart extends deal with JB Hi Fi

Computer and office equipment financer, ThinkSmart, has signed a two year contract extension with JB Hi Fi.

The deal extends its existing three year relationship to mid-2012.

In a statement ThinkSmart executive chairman Ned Montarello said, "We are delivering strong like for like growth with JB Hi Fi and are benefiting from both the improvements delivered by our QuickSmart in store processing system, and new product enhancements at the beginning of the year."

"We look forward to continuing to play our role in supporting JB Hi Fi in its growth path and delivering a valuable service to their customers," he said.

ThinkSmart shares were up 10 cents to 83 cents at 11.45am