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11/07/2009

Crown Asset Management Honored as One of America’s Fastest-Growing Private Companies

September 16, 2008
 
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Inc. Magazine, the premier publication for small and medium-sized businesses released its 27th annual Inc. 500 rankings of the fastest-growing privately held companies in the country, according to sales growth over the past four years.

Crown Asset Management, LLC, an Atlanta, GA based purchaser of distressed consumer receivables ranked 381 among the 500 fastest growing companies in America, with four-year annual revenue growth of 791%.

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Founded in 2004 as a purchaser and manager of defaulted consumer accounts receivable, Crown has purchased over $1.2 billion dollars of debt and recently ranked among the top thirty debt buyers in the Nilson Report’s July 2008 industry publication.

Crown specializes in late-stage collections enforcement by utilizing its proprietary network of law firms that possess an advanced understanding of consumer collection law, the cornerstone for successful liquidation of accounts receivable in a volume environment.

Brian K. Williams, co-founder and Chief Executive Officer of Crown stated:  “We are proud of the recognition afforded by our Inc 500 selection.  It is a tribute to the efforts of our management, employees, vendors and partners.  However, we believe the best is still ahead for Crown and that our future success will far surpass what we have achieved thus far.”

Stephen P. Riexinger, co-founder and Chief Legal Officer stated that “much of our success has been achieved by the dedication and results of our nationwide network of collection and litigation partners. We look forward to building on these relationships in the future in order to continue to capitalize on our present achievements.”

In addition to Williams and Riexinger, Crown’s senior management team includes Rodney J. Fortune, Chief Operating Officer, Robert A. Russo, Senior Vice President and James A. Terwoord, Chief Financial Officer. Crown’s management team has over 45 years of combined experience in the debt buying industry.

Crown Asset Management is a member of the Debt Buyers Association International (DBA), the National Association of Retail Collection Attorneys (NARCA), the American Collector’s Association (ACA) and Southeast Regional Purchasing and Management (RPMG).

For information about Crown Asset Management, LLC, please contact Robert Russo at 866-696-4442 Ext 230 or visit the company at www.crownasset.com.

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