Apollo Enterprise Solutions
Surpasses $1 Million-A-Day Milestone
in Online Collections

Irvine, California—November 15, 2006—Apollo Enterprise Solutions LLC, the leading provider of web-based payment and collection technology, announced today that it has surpassed the transaction processing benchmark of one million dollars daily in online collections for its clients through the Apollo Intelligent Debt Solutions™ (IDS) system.

Michael Walker, Apollo’s Chief Operating Officer, commented, “This significant daily milestone demonstrates that debtors are ready, willing and able to pay or settle their debts online through a secure web channel, especially if they are provided payment offers and options that are uniquely matched to their current ability to pay. We are extremely pleased with the results of our enterprise deployments and the ability to handle our clients’ needs. We have reached our daily $1 million target early—our goal was to achieve this daily volume for our clients by December 31, 2006.”

The Apollo IDS system’s hosted application is the first of its kind and has been recognized by the collections industry as one of the most promising and efficient new technologies. By integrating historical account and payment information, real-time credit bureau data, and collection rules and guidelines to optimize self-service payment options, Apollo has transformed the way the industry thinks about the role of technology in collections and recovery. Apollo’s current roster of clients includes credit card issuers and finance companies, as well as debt buyers and collection agencies.

About Apollo Enterprise Solutions
Apollo Enterprise Solutions, LLC, headquartered in Irvine, California, provides enterprise-class web-hosted solutions for a variety of industries involved in receivables management and debt collections. At the heart of Apollo’s Intelligent Debt Solutions™ system is the patent-pending IDS Decision Engine™ which provides Decisioning Intelligence™, a revolutionary process that delivers more debtors for recovery and settlement and more dollars per settlement by creating individual, customized offers that reflect a debtor’s most realistic ability to pay.

Contact:
Jeff Dickey
Executive Vice President - Sales & Marketing
Apollo Enterprise Solutions, LLC
(949) 399-1000 x220

   

 

(949) 399-1000 (877) GET-APOLLO
2111 Business Center Drive, Suite 204 Irvine, CA 92612
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