Apollo Enterprise Solutions Exceeds
$2 Million-A-Day in Online Collections

Irvine, California—November 28, 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 $2 million daily in online collections for its clients through its Apollo Intelligent Debt Solutions™ (IDS) system. This transactional milestone more than doubles the daily online collections achieved by the company during the previous month.

Michael Walker, Apollo’s Chief Operating Officer, commented, “This significant increase in daily collections continues to demonstrate the effectiveness of Apollo’s intelligent decisioning technology. Apollo’s system presents customized payment or settlement offers to debtors that are matched to collector guidelines and each debtor’s individual ability to pay. Our products continue to generate strong response from primary creditors and third-party recovery firms interested in scaling their collections and complementing their current collections technology infrastructure.”

Recognized as one of the most promising and efficient new technologies, the Apollo IDS system has transformed the way the industry thinks about the role of technology in collections and recovery. This first-of-its-kind system utilizes a hosted application that integrates historical account and payment information, real-time credit bureau data, and collection rules and guidelines to optimize self-service payment options. As a result, the Apollo IDS system delivers an immediate lift in the collections and recovery portfolios of its current roster of clients that includes credit card issuers, finance companies, 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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