News Room

President and CEO Warren S. Rosenfeld, Esq. has stepped down from those positions effective this past Tuesday, June 15, 2010, in order to pursue other opportunities both within and outside the collection industry.

This transition is part of the strategic plan developed by Mr. Rosenfeld and the Company co-founders, Stevan Goldman and Jeffrey Zuck, when Mr. Rosenfeld joined the Company five years ago. As part of that strategic plan, Mark Meisenbacher was retained as COO and CFO approximately one year ago. As anticipated, Mr. Meisenbacher will now assume the title of President, and will take full management control of the Company. Mr. Goldman and Mr. Zuck will continue to actively participate in the Company's strategic development in their roles as controlling shareholders and members of the Board.

Mr. Rosenfeld will remain as a Board member, a position he has held since 2005. He is a former president of NARCA and is a 30 year veteran of the collection industry.

Warren Rosenfeld states that "I have greatly enjoyed my time at YGC and I am very proud of the company's growth and evolution during my time here. I look forward to helping the company continue its growth beyond 2010 in whatever formal or informal capacity I may enjoy now that my scheduled time as President and CEO has expired. It has been rewarding to see the strategic plan drafted 5 years ago be executed as well as it was, and to know that the company can now move onto its next phase."

Hosto Buchan Prater & Lawrence, PLLC (“HBP&L”) is a litigation and collections law firm with offices in the states of Arkansas, Texas and Tennessee. The firm concentrates its practice in the areas of commercial and retail collections throughout these states. The firm has been a user of You’ve Got Claims (“YGC”) services for four years. Until recently, the firm only used YGC to receive collection data from debt collection clients.

Richard Williams, Director of IT for AXZAS Legal Support Providers, LLC (“AXZAS”), approached HBP&L about nine months ago, to propose using YGC to exchange data between AXZAS and the law firm. AXZAS had been the legal support service provider for HBP&L for about a year and during that time has performed court filing and service of process for them in several states. Chuck Buchan, a litigation partner in HBP&L, stated, “AXZAS has been our legal support service provider for about a year and during that time has performed court filing and service of process for us in Texas. We were extremely interested in this data exchange using YGC in that we anticipated converting a manual process into an electronic process. We were primarily interested in being able to receive useful data back from our legal support provider on a timely basis. This feature allowed our firm to concentrate on issues other than court filing dates and day to day service of process information.”

After the initial contact, AXZAS and HBP&L worked together to establish a YGC interface between the AXZAS document processing system and HBP&L’s debt processing software, Collection-Master® from CLS. The interface allowed AXZAS to receive service and filing information and to provide service updates back to HBP&L regarding filing dates, service of process attempts and completion. Currently the YGC-formatted information received back from AXZAS is reviewed by HBP&L staff before importing into Collection-Master®. Ultimately, the goal is to have this process fully automated so that the data can be read directly into the collection software without manual intervention.

Upon completion and implementation of the YGC interface, Mr. Buchan said, “our service department is no longer tied up on the phones with courts, sheriffs, and constables. Through the use of the AXZAS and YGC interface we are able to review (the) exact status of a case in our system at any time…We're no longer working service manually, on a case by case basis. The updates show the status of service, skip attempts, and diary the accounts accordingly. We strongly believe that by using AXZAS and YGC we have increased the efficiency of our operations which directly translates to increased profitability.”

ABOUT AXZAS LEGAL SUPPORT PROVIDERS, LLC
AXZAS Legal Support Providers, LLC (“AXZAS”) is a synergistic, nationally integrated network of company-owned and independent legal service providers serving national clients with a single source of consistent and high quality service, delivered through a fully integrated and seamless technology solution. AXZAS addresses a market served by numerous, smaller service providers on a fragmented basis with inconsistent quality.

AXZAS’ services include court filings, service of process, e-filing, and skip search research. In addition to the filing date, service attempts and completion updates that AXZAS provides as mentioned above, it also alerts clients of new debtor addresses and failures to complete.

Chuck Buchan, Litigation Partner Hosto Buchan Prater & Lawrence P.O. Box, 3397 Little Rock, AR 72203 http://www.hosto.com cbuchan@hosto.com

Stephen Ezell, Director of Sales AXZAS Legal Support Providers, LLC 2375 E. Camelback, Suite 500 Phoenix, Arizona 85016 (520) 631-2477 http://www.axzas.com sezell@axzas.com

Hudson & Keyse, LLC, an industry-leading debt buyer and servicer, is pleased to announce that it has chosen YouveGotClaims as the exclusive delivery and management service for the legal cases to be distributed over the Hudson & Keyse Synergy Legal Network.  Hudson & Keyse network attorneys not currently compatible with the YouveGotClaims format should contact Celeste Anderson, Director of Sales for Automated Collection Control (YouveGotClaims) at AndersonC@YouveGotClaims.com.  For more information about Hudson & Keyse, please visit www.hudsonandkeyse.com. For attorneys who wish to join the Synergy Legal Network, please visit www.hksln.com.

AUTOMATED COLLECTION CONTROL, INC.  (ACC), creator and owner of the service known industry-wide as YouveGotClaims, and FAIR ISAAC CORPORATION, the leading provider of analytics and decision management technology, today announce a partnership.  The partnership is strategic to the collections and recovery markets, and will provide clients of either organization seamless access to leading collection and recovery products and services.

YouveGotClaims clients can now access a comprehensive set of collection and recovery services available on Fair Isaac’s ScoreNet network.  For instance, YGC clients now have the ability to store, view and forward images of documents through ScoreNet’s Document Storage and Presentment service, while connecting to ScoreNet’s Debt Placement service gives users the ability to securely manage the transfer of data between credit grantors, collection agencies, attorneys, debt buyers and internal recovery departments.  Other services offered through ScoreNet include Analytic services, Scoring services, Data Request services and ScoreNet’s Event-Based Trigger service.

Reciprocally, Fair Isaac’s collection and recovery clients can now access all YouveGotClaims services, including its industry-leading collection litigation tracking and management service.  This will provide additional capabilities for managing, tracking and reporting on the status of collection claims assigned to attorneys.

“Being able to provide multiple services through one platform will help us be more effective in the delivery and maintenance of these services, and will dramatically reduce the current cost to clients of having to negotiate each type of service individually” says Rob Fite, Fair Isaac Client Service Partner.

Warren S.  Rosenfeld, President and General Counsel of Automated Collection Control, Inc., states that “This partnership, between respected industry leaders, will be a great gain for collection and recovery organizations wanting better quality bundled services.  We are excited about the partnership, and we are excited about the opportunity to do work with the litigation portfolios of many of Fair Isaac’s long-standing customers.  We know that our customer base will respond eagerly to the news that they can now access document imaging services, scoring and analytics through their current and ongoing use of YouveGotClaims.  We also look forward to working with organizations not now a customer of either company that want to realize greater efficiencies in their collection, recovery and litigation operations.”

ABOUT AUTOMATED COLLECTION CONTROL, INC.
Automated Collection Control, Inc.  is privately held and is headquartered in Montville, New Jersey, with additional offices in the Washington, D.C.  and Phoenix metropolitan areas.  Its YouveGotClaims service is used by many of the leading debt buyers, collection agencies, and law firms in the country.  The service electronically delivers new collection claims to an unlimited number of law firms and other service providers, and then allows the senders of the claims to track, manage and analyze both the collection portfolios and the vendors servicing those portfolios.  Approximately 150,000 new collection claims each month are currently distributed to law firms and other service providers over the YGC format.  Approximately 5 million open and ongoing accounts are tracked and managed monthly using YouveGotClaims, with debt owners also analyzing the productivity, activities and efficiency of the more than 400 law firms that are currently compliant with the YouveGotClaims format, product and service.  In addition to its core YGC service, the company also has an attorney network consulting service.  Founded in 2001, more can be learned about the company at www.YouveGotClaims.com.

ABOUT SCORENET NETWORK
ScoreNet network is Fair Isaac’s data and service provider platform solution and provides unparalleled access between partners and clients in the consumer credit collections and recovery industries.  The network provides the ability to effectively manage and optimize the distribution of information across the transaction life cycle, and applies analytics and decisioning capabilities to make it easier for companies to automate and improve the most challenging decisions.

ABOUT FAIR ISAAC CORPORATION
Fair Isaac (NYSE: FIC) makes decisions smarter.  The company’s solutions and technologies for Enterprise Decision Management give businesses the power to automate more processes, and apply more intelligence to every customer interaction.  Through increasing the precision, consistency and agility of their decisions, Fair Isaac clients worldwide increase sales, build customer value, cut fraud losses, manage credit risk, reduce operational costs, meet changing compliance demands and enter new markets more profitably. Founded in 1956, Fair Isaac powers hundreds of billions of decisions per year in financial services, insurance, telecommunications, retail, consumer branded goods, healthcare and the public sector.  Fair Isaac also helps millions of individuals manage their credit health through the www.myfico.com website.  Visit Fair Isaac online at www.fairisaac.com.

Fair Isaac and ScoreNet are registered trademarks of Fair Isaac Corporation, in the United States and/or in other countries.  Further information about each company can be obtained by accessing www.fairisaac.com, scorenet.fairisaac.com and www.YouveGotClaims.com.