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Hudson & Keyse, LLC hires John Lazzaro as Director, Asset Management

April, 2008 ( Cleveland, Ohio ) — Hudson & Keyse, LLC, one of the nation's fastest-growing companies, and an industry leader in the account receivables management industry, has hired John Lazzaro as Director, Asset Management. Mr. Lazzaro will oversee the debt sales and marketing teams and will primarily focus on managing portfolio sales comprising process development, control implementation, and analytical development. He will also assist in managing marketing initiatives. Bob Deter, Executive Vice President, Asset Management, will continue to lead the Purchasing sector, and will work directly with Mr. Lazzaro in coordinating the company's marketing and business development strategies.

Mr. Lazzaro is an experienced financial service industry veteran. He spent 14 years with Citicorp in positions of increasing responsibility including Assistant Vice President, Private Label Finance/Treasury; Vice President, Private Label Customer Service; Vice President, Credit Portfolio Manager; and Vice President, Fraud. Mr. Lazzaro also has worked in the debt purchasing industry, as well as with emerging technology companies. His accomplishments include successful strategic leadership of Fortune 500 companies and start-ups, and developing innovation in the credit card industry risk management practices. He also has expertise in the identification, analysis, and resolution of diverse operational issues.

"I look forward to working with John," says Bob Deter. "His business knowledge and strong operational and management abilities will allow him to be a major contributor to the growth of our company."

"John's wide range of experience and expertise in the industry will complement and strengthen the skills of our management team," says CEO D. Scott Clarke.

"Hudson & Keyse is a high growth company with outstanding market position and management. I look forward to assisting Hudson & Keyes in achieving its long-term business objectives," says John Lazzaro.

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Hudson & Keyse is a leader in the debt buying and sales industry. Founded in 1984, the Company provides debt sellers and buyers with extraordinary service, highly competitive buy rates and outstanding portfolio selections while maintaining the highest standard for ethics and integrity.