The Sagres Company Announces Record First Quarter Revenue

The Sagres Company announced today the achievement of record-breaking revenues for the first quarter of 2006. This milestone follows the 20% revenue increase experienced by the company in 2005. In addition, Sagres announced it has entered into a contract with a major U.S.-based lender for a forward flow agreement.

The company?s CEO, Tom Ferris attributes Sagres? success primarily to its long-standing, disciplined buying procedures and attentive customer service. The Sagres Company also credits implementation of the Professional Practices Management System (PPMS), a business management systems model designed for credit and collections professionals by ACA International.

Ferris said, ?Our ability to react quickly to change, as well as our reputation as an experienced buyer and seller of distressed accounts receivable, allows us to forge industry alliances with key issuers and open new opportunities for strategic purchases. We remain committed to our core principle of offering fair financial solutions to our customers.?

In July of 2006, The Sagres Company will be marking its 13th year as a leader in the debt-purchasing industry. Sagres buys, sells and collects charged-off accounts receivable. For more information regarding The Sagres Company, please visit www.sagresco.com.