Collections Marketing Center, Inc. (CMC) announced today that the patent infringement lawsuit between it and Apollo Enterprise Solutions, Inc. has been dismissed with prejudice, Apollo having voluntarily dropped all its claims against CMC’s FlexCollect® platform.

“Obviously, we are extremely pleased by this outcome,” said CMC Chief Executive Vytas Kisielius, “and look forward to continuing to provide service to our clients without the distraction of any litigation.”

Collections Marketing Center, Inc. (CMC) offers a pioneering  adaptive collections service that enables lenders to deploy completely synchronized collections offers, contacts, and treatments across credit card, real estate, student, and installment loan products. The company’s FlexCollect® managed services solution is helping a rapidly growing number of top lenders collect more and spend less by increasing the efficiency and effectiveness of their charged off, delinquent, and pre-delinquent portfolio operations.


Next Article: Consumer Insight Drives Collection Call Compliance and ...

Advertisement