Fast-Growing Collection Agency Enters Commercial Collections Market

ATLANTA, GA ? Focus Receivable Management LLC, One of the fastest growing leaders in accounts receivable management and collection services, announced today the creation of a new commercial financial services group and the appointment of it?s new President. Focus has seen dramatic growth in both sales and revenue since it?s inception and will report record Placements and Revenue for 2003. The companies approach to the market place has allowed for sustained growth and lead to the creation of the commercial group. ?The growth of Focus has been truly remarkable, it is a natural transition for us to continue to offer our current clients ancillary services. As a by-product, we look to expand our ability to penetrate the Commercial Receivables market place,? said Focus President Bill Strang. ?Focus will continue to offer a unique brand of service and performance that we feel sets us above the rest?, Strang continued.

In addition to the creation of the new division, the company announces the appointment of Ronald A. Castellon to the position of President. Castellon, 41,brings nearly 20 years of Senior Management, Operations, Sales and Marketing industry experience to the position. Ron was most recently with NCO Financial Services Inc. as Senior Vice President of Sales, Commercial Division, and National Accounts. ?I have been involved with some of the very best operations in the commercial collections arena. I could not be more pleased to join such a quality operation as we have here at Focus,? says Castellon. He continued, ?There are very few real choices in the marketplace today. We can truly offer clients the flexibility and vision to fit their specific needs, yet still have the size, capacity and operational support to actually pull it off! What we bring to the table is truly unique. The real capacity to treat clients individually combined with the mechanisms to service them on a large scale.?

Strang, in discussing 20/20 Financial Services and it?s immediate plans for growth said; ?The name fits well with our overall philosophy and vision?. He continued on to say, ?The company plans to capitalize on several strategies for it?s initial growth including the leveraging of the existing Focus relationships as they relate to the commercial world. ?We have a story to tell.? Castellon started, ?the message is to our current clients, pending relationships and potential business partners. Our vision is clear and our mission is focused. We are bringing a fresh approach to what can be a ?cookie cutter? industry. We haven?t forgotten that it?s the client?s agenda that we need to fit to, not them to ours!?

Focus Receivables Management LLC. Headquartered in Atlanta, GA with offices in Denver, CO, Dover DE and a recent expansion into Tampa, Florida. The operations currently service major telecom, advertising, publishing, personnel services, automotive, and bankcard clients throughout the United States. Requests for information on both companies can be directed through The Atlanta offices at (678) 228-0000. Contact: Greg Schubert or Peter Hendricks