Collecto, Inc. Acquires ACA Healthcare Management Services

Collecto, Inc. of Norwell, Massachusetts, a Global Provider of Receivable Management Services, announced that it acquired the assets of ACA Healthcare Management Services (ACA) of West Bridgewater, Massachusetts, effective March 1, 2003. ACA is a Regional Provider of Healthcare Outsourcing and Billing Services. Ron Ambroseno, President of ACA, will continue with ACA as its CEO. ACA employs 65 professionals and represents major Hospitals and Physician Groups in New England.

Paul E. Leary, Jr., CEO of Collecto, Inc., in announcing the acquisition stated, ?ACA gives Collecto improved capabilities in the Healthcare Outsourcing and Billing Business, and will allow Collecto to provide our clients with the full spectrum of services vital to efficient management of Healthcare Receivables in today?s challenging environment.?

Collecto is a subsidiary of EOS Solutions, of Hamburg, Germany. The company employs over 450 professionals in the United States, with Regional Centers in Boston, Atlanta, Chicago, Dallas, Denver, and Los Angeles. The transaction was negotiated and completed by Paul E. Leary, Sr., the Founder of Collecto, and Marion Financial Corp. of Houston, Texas, provided transaction advice and representation to ACA Healthcare Management Services.

Paul E. Leary, Jr. is CEO of Collecto, Inc. Collecto, Inc. is headquartered at 700 Longwater Drive, Norwell, MA 02061 800-886-9177 ? www.collecto.com

Ronald G. Ambroseno is CEO of ACA Healthcare Management Services ACA is headquartered at 320 West Center Street, West Bridgewater, MA 02379 866-812-4ACA ? www.acahealthcare.com

Hans-Werner Scherer is CEO of EOS Solutions EOS is headquartered in Hamburg, Germany 011-49-40-2850-1407 ? www.eos.com