Debt Resolve, Inc. Announces New Director

Debt Resolve, Inc., announced that Jeffrey Bernstein, a banking and financial services industry leader, has joined its Board of Directors.

Mr. Bernstein has 28 years of financial services industry experience, currently serving as CEO of Stratagem Portfolio Services, Inc., a San Rafael, CA-based analytics, modeling and strategy consulting firm that provides industry-leading lifecycle risk and collections management capabilities to credit card issuers, consumer and small business lenders, retailers, telecommunications and utilities companies, and collection agencies and holders of distressed debt portfolios in markets in North America, Europe and the Pacific rim.

Mr. Bernstein was formerly a Global Solutions Leader with MasterCard Worldwide, managing a consulting practice that specialized in lifecycle risk management and collections. Prior to MasterCard, he was the founder and CEO of Acadia Consulting Group, and served in roles as a senior consultant and strategic alliance manager with Fair Isaac Corporation. Mr. Bernstein served in a number of senior executive roles within banking and financial services, including a role as Senior Vice President at Fleet Financial, overseeing credit risk and collections for Fleet's consumer and credit card businesses, and managing Fleet's operations for Fleet Finance, a sub-prime mortgage and consumer finance company.

James D. Burchetta, Debt Resolve’s CEO and Chairman of the Board said: "DebtResolve is fortunate to have Mr. Bernstein join our board. His depth of experience and extensive knowledge of the industry will be invaluable for our growing company."

Mr. Bernstein is already well-acquainted with the organization, as he was a member of its Advisory Board for three years. "I have followed Debt Resolve since I was first introduced to the company and am impressed with their innovative collection technology. I am delighted to serve on the Board of Directors," he said.