CreditMax Debt Sales System Goes National May 2006

Through its exclusive, secure Debt Sales System (DSS), CreditMax enables debt buyers to review debt on an account level basis and purchase debt based on specific targeted account characteristics, ranging from account balance to date of last payment. With DSS, debt buyers also have the ability to select accounts by state, county, city or even zip code.

This innovative approach represents a critical new development in the application of technology for the debt collection industry. CreditMax?s ability to purchase and segment large portfolios by account balance, geographic location and product type allows smaller buyers to benefit from the same purchasing opportunities previously available only to large debt buyers. In fact, no minimum purchase is required.

“CreditMax has been a boon to our business! Now, we can buy accounts online – and having the ability to purchase by city or even zip code has really allowed us to focus our collections in areas we know best,” said David Newman, President, National Revenue Service, Inc.

DSS made its ground-breaking debut in March 2005. Due to its early success, CreditMax launched a national expansion program and will have debt available for sale in all 50 states on May 8, 2006.

A priority for CreditMax is building long-term relationships with debt buyers using the system. Good old-fashioned personalized service is an important part of the company?s philosophy, combining with advanced proprietary technology to guide users through the due diligence, contract and post-sales process. Getting started is easy: debt buyers may register for free access to the fully-automated DSS online search engine at www.creditmaxteam.com.

CreditMax has already filed a patent application for DSS, the online service that allows debt buyers to select and review accounts on a customized basis. As the year progresses, look for CreditMax to continue to break new ground. Beginning in May, debt owners will be able to utilize DSS to sell their debt on a portfolio or individual account basis. With more than 2,000 registered buyers nationwide, DSS will give maximum marketplace exposure to sellers? portfolios. For more information, please contact Edward Forbes, Vice President of Sales & Acquisitions, at 561-352-2184 or via email at ed.forbes@creditmaxteam.com.