Collection Agency Wins National Award

In recognition of the economic power of multicultural businesses, DiversityBusiness.com, the nations leading multicultural internet site, recently named NFS (National Financial Systems, Inc.) as one of the top diversity-owned businesses in the United States (Div100). NFS has offices in West Palm Beach and Orlando, FL and in Hicksville, NY.

The Div100 is the 6th annual listing of the Nation’s top 100 diversity-owned businesses. The companies represent the Nation’s top multicultural earners and challenge the long-held notion that a diversity-owned business is small or insignificant. Div100 members are sought after by major corporations wishing to increase spending with diversity owned companies.

Major corporations wishing to increase market share realize it is no longer just the right thing to do business with diversity owned companies. Affected by recent economic and demographic trends and changes, corporations throughout the country have recognized that buying products and services from diversity owned companies positively impacts their business. Diversity-owned businesses contribute over $1.4 trillion in sales to the U.S. economy.

“Diversity businesses and consumers are a growing force in the U.S. economy, and a force to be reckoned with,” said Kenton Clarke, CEO of Computer Consulting Associates International, the company that built DiversityBusiness.com. “It’s no longer only about the Fortune 1000. This is a whole business segment that can carry its own, that provides jobs, products and services, and generates wealth for their communities. These are the new leaders in American business.”

“We have been selected to work with some of the largest and most prestigious corporations in the country based on the results we can produce,” said Robert H. Hernandez, CEO of NFS. “Our success has enabled us to make significant contributions to the communities in which we operate and to create jobs for our diverse population.”

The Div100 is a classification that represents the top 100 diversity-owned (women, Blacks, Hispanics, Asians, Native Indian and other minority groups) businesses in the U.S., in sectors such as technology, manufacturing, food service and professional services. Large organizational buyers throughout the country that do business with multicultural and women-owned businesses use the list. The winning companies will be honored at a special awards ceremony at DiversityBusiness.com’s 6th Annual Multicultural Business Conference, taking place March 29-31, 2006 at the MGM Mirage in Las Vegas, Nevada.

When told of the Div100 award, Hernandez said: “We are proud to be a part of this growing trend of diversity-owned businesses in the U.S. and for being recognized for our business success as a leader in the accounts receivable management and collections outsourcing field.”

“The Div100 companies are the heroes of diversity-owned business in America,” said Kenton Clarke. “While Fortune magazine lists the best companies for minorities to work for, we list the top businesses owned by minorities. These are the people that have conquered the hurdles and made the sacrifices, building and strengthening their communities, providing jobs and helping to keep the fabric of the U.S. economy together.”

About NFS
Started in 1974, NFS was acquired by the current owners in 1996 and has grown significantly. It operates three centers (Hicksville, NY, Orlando and West Palm Beach, FL) and serves clients throughout the U.S. NFS has a GSA (General Services Administration) contract enabling it to work for Federal Government and, in 2005, established new divisions to handle the specialized work for government and healthcare related clients. NFS has received numerous awards from clients and local communities for its business performance and contributions.