Apollo Enterprise Solutions Named a Top Technology Company by Collection Advisor Magazine for Third Consecutive Year

Intelligent Debt SolutionsSystem One of the Top 100 Collection Technology Products for 2007

Irvine, California—November 20, 2007—

Apollo Enterprise Solutions LLC, the leading provider of web-based payment and collection technology, announced today that the company’s Intelligent Debt Solutions™ (IDS) system has been selected for the third consecutive year as one of the Top 100 Collection Technology Products for 2007 by Collection Advisor magazine.

“Decisioning Intelligence™, Apollo’s data-driven decisioning process that significantly improves debt recovery while reducing operational costs, continues to be one of the industry’s most revolutionary and effective technologies,” said Apollo Founder and President Christopher Imrey. “As the first web-based, real-time, rules-based, self-settlement system to incorporate bureau data, analytics and decisioning intelligence that match a debtor’s current ability to pay, the Apollo IDS system has attracted several marquee clients from the card issuing, debt-buying and recovery side of the business over the past year and we are now collecting over $1 billion online annually.”

Imrey went on to note that with Apollo’s success in the United States’ financial markets, the company is currently in the process of expanding its client base into the Europe and Asia.

“Apollo is also experiencing increased demand from the healthcare, auto finance, mortgage and public sector markets,” said Imery. “Our advanced technology solutions come with the highest level of security and compliance available in the industry today and are designed for use in multiple industries with credit, receivables management and debt collection needs,” said Imrey. “Now debtors can make payments, self-cure delinquent accounts or self-settle charged-off accounts 24 hours a day, seven days a week, by utilizing Apollo’s web-hosted solutions - IDS Pay™ for current account payments, IDS Collect™ for delinquent account collection and IDS Recover™ for post charge-off recovery. And, since our society is becoming more and more dependent on the mobile handset as a primary contact device, Apollo has introduced IDS Mobile™ for mobile payments and collections interface.”

One of the company’s major achievements in the past year since its IDS system was named one of Collection Advisor’s Top Technology Company Products in 2006 was the formation of its Healthcare Subsidiary. Capitalizing on its success in financial services, Apollo launched Apollo Enterprise Healthcare Solutions, LLC to provide its proven, patent-pending online collection applications to healthcare providers. By customizing the company’s web-based payments and collections system to a healthcare provider’s specific requirements, Apollo will effectively streamline and simplify their self-service payments, collections and recovery efforts in the healthcare revenue management cycle.

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

   

 

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