TARRYTOWN, N.Y., July 19, 2011 (GLOBE NEWSWIRE) -- Debt Resolve, Inc. (OTCBB:DRSV) (the "Company") announced that RGS Financial, Inc., a leading nationwide provider of receivables management and call center outsourcing solutions based in Dallas, TX, has chosen the DR Collect Solution as its web collections solution.
David Rainey, Debt Resolve's President and CFO, stated, "RGS is very focused on delivering the best results for its clients, including using the most advanced technology available. The DR Collect solution is the most versatile, cost effective and consumer friendly web collection solution on the market for agencies and law firms. Consumers now expect more and more internet services; we are pleased to give our clients a competitive edge by providing them with the most advanced, patent protected negotiation tool the industry has to offer."
"We want to provide our clients with the best tools for their collections needs and give consumers every opportunity to satisfy their obligations by providing convenient communication channels. Now, by using DR Collect, we can offer a web collection capability that reaches consumers on their terms which reduces complaints, lowers the cost to collect and ultimately increases recoveries for our clients. We are excited to put the Debt Resolve solutions to work," said Michael Ryalls, President, RGS Financial, Inc.
About Debt Resolve, Inc.
Debt Resolve provides lenders, debt buyers, collection agencies, collection law firms and hospitals with a patent-protected online bidding system for the resolution and settlement of consumer debt as well as a collections and skip tracing solution that is effective at every stage of collection and recovery. The company also provides web-based payment platforms for the financial and healthcare industries. The company is publicly held and trades on the OTC Bulletin Board under the symbol DRSV. Debt Resolve is headquartered in Tarrytown, New York. For more information, visit http://www.b2i.us/irpass.asp?BzID=1976&to=ea&s=0.
About RGS Financial, Inc.
RGS was founded in 2005 by Michael Ryalls and Paul Gauerke and is a leading nationwide provider of receivables management and call center outsourcing solutions. Through its various business lines, RGS utilizes advanced call center technology and leading edge business practices that focus on providing the highest levels of performance and customer service to its clients. For more information, please visit www.rgsfinancial.com or call 877-457-8500.
Forward Looking Statements
Certain statements in this press release and elsewhere by management of the Company that are neither reported financial results nor other historical information are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors which may cause or contribute to actual results of the Company's operations. Debt Resolve undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Investors are advised to consult any further disclosures made on related subjects in the Company's reports filed with the SEC. For more information, visit http://www.b2i.us/irpass.asp?BzID=1976&to=ea&s=0.