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The Bureau of Collection Recovery Strengthens Its Management Team; Doug Smyth and Marty Sarim Join the Bureau of Collection Recovery.

Business Editors

MINNEAPOLIS--(BUSINESS WIRE)--Oct. 14, 2003

The Bureau of Collection Recovery (BCR) today announced two new appointments. Marty Sarim joins as BCR's Chief Operating Officer and Doug Smyth as Associate VP of the Bank Card Division.

Marty Sarim has a wealth of experience in the collections industry, previously managing large teams of collectors and coordinating activities between departments serving the client, including Sales, QA, Marketing, Operations, and Compliance. Doug Smyth comes to BCR with experience in managing Bankcard, Financial Services, Government and Student Loans. Doug will assist BCR to evaluate and implement strategies, manage compensation to fee, and develop key performance indicators for all facets of pre and post charge off portfolios.

Blake Rice, founder and CEO of the Bureau of Collection Recovery commented, "The collection industry continues to evolve and as it does, so the demands and expectation of performance and professionalism increase. Agencies will either rise to the challenge or cease to be a player. For the Bureau of Collection Recovery, Marty and Doug's appointments are part of our ongoing strategy to raise the bar on performance and professionalism, so that the Bureau of Collection Recovery not only competes, but grows its leadership position. Both Marty and Doug are well known within the industry and we are pleased that they have chosen to join us."

About the Bureau of Collection Recovery

The Bureau of Collection Recovery (BCR) is a nationally licensed, independently owned collection agency specializing in providing a variety of accounts receivable solutions to both large and small companies including pre charge-off, (first and third party), primary, and secondary account placements. BCR is headquartered in Minneapolis, Minnesota and on the web at www.bureauofcollection.com. Advanced in its use of technology, such as Avaya's "Mosaix" Predictive Dialing System, BCR is especially known as the birthplace of the UniversalSystems Accelerator, a patented method of vastly increasing penetration while reducing costs when using a predictive dialer.

Marty Sarim can be reached by email at MSarim@BureauofCollection.com or by telephone on 1-800-831-7311 ext. 1110.

Doug Smyth can be reached by email at DSmyth@BureauofCollection.com or by telephone on 1-800-831-7311 ext. 1159.

For additional information call 1-800-831-7311 or email paulmac@UniversalSystems.net
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Publication:Business Wire
Date:Oct 14, 2003
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