PRESS RELEASE

For Immediate Release

ARM Industry Executive Named to Board of the American Fair Credit Council

Fort Lauderdale, FL – February 16, 2012 – The American Fair Credit Council (AFCC), the leading

association of consumer credit advocates, announced today it has named Teresa Dodson, COO of

Persolvo Data Systems, to its executive board.

Ms. Dodson brings to the Council her experience in managing three of the largest debt settlement

companies in the industry. Currently, she holds the position of Chief Operating Officer at Persolvo Data

Systems in Irvine, CA, where she has worked to bridge the gap between the debt settlement industry

and creditors and collectors by delivering Persolvo’s web-based settlement solution to many of the

nation’s largest credit card issuers, debt buyers and legal recovery firms.

“Teresa brings a unique perspective to the AFCC Executive Board and its member companies, and we

are very fortunate to have her join us,” said Robby Birnbaum, AFCC President. ”She will be able to share

her knowledge and understanding of the accounts receivable management industry to help create more

meaningful and productive relationships between creditors, collectors and the AFCC member companies

and their clients.”

“It’s always been my goal at Persolvo to help consumers burdened by overwhelming debt in seeking a

negotiated resolution that allows them to manage their financial obligations in a credible manner,”

commented Dodson. “I’m looking forward to working with an organization that focuses on guiding

consumers to companies that are held to the highest ethical standards in our industry so that good

people who have encountered financial challenges can receive fair treatment while they resolve their

debt.”

Dodson went on to note that she fully supports the policies and practices of the AFCC as it relates to

marketing practices, a performance-based compensation model for member companies and a

transparent audit and review process to ensure compliance with the association’s Code of Conduct.

About the American Fair Credit Council

The American Fair Credit Council is the leading association of professional Consumer Credit Advocates.

The AFCC was formed in April 2011 by a group of industry-leading companies to advance the goal of an

industry in full compliance with the regulatory initiatives of the Federal Trade Commission. The AFCC is

organized around three very simple yet powerful principles:

· To support consumers dealing with overwhelming credit and debt problems

· To promote and enforce industry “best practices”

· To advocate for consumer-centric legislation at the state and federal level that protects

consumers through strong regulation and preservation of choice in debt relief options.

AFCC-certified Consumer Credit Advocates work on behalf of consumers to help them get back on the

road to financial stability. They do this by negotiating directly with creditors to secure a resolution that

reduces the amount owed to a level the consumer can manage. In return for their services, AFCC certified

Consumer Credit Advocates are paid a fee by the consumer (never by the creditor) but ONLY

WHEN THE DEBT IS RESOLVED. For more information about the American Fair Credit Council, or to

Robby Birnbaum

AFCC President

American Fair Credit Council

888-657-8272