Delaware Collection Agencies to Merge

Wilmington, DE ? SIMM Associates, Inc announced its merger with Advanced Receivable Solutions, Inc. (ARS) The combined resources, experience, and technology of both companies will make SIMM?s a leader in the collection agency industry. ARS Co-Owners Tom Nusspickel and Jeff Kucharski will become Officers of SIMM?s and will assume the roles of AVP of Marketing & Sales and AVP of Collections, respectively.

?SIMM?s could not ignore the enormous opportunity that the merger offered everyone involved?, comments Jeff Simendinger, SVP and COO of SIMM?s. ?Jeff and Tom bring years of client and agency based experience to SIMM?s, as well as an experienced collection staff and strong client contacts.?

Tom Nusspickel comments that ?We were building our reputation in the industry at ARS, but the opportunity to merge with a strong agency such as SIMM?s was too great to pass up. We are excited about the potential that the combined companies represent and look forward to growing the company by adding our expertise to SIMM?s current, excellent staff.?

SIMM Associates, Inc. is a regionally and nationally recognized collection firm specializing in delinquent account receivable solutions. SIMM?s handles medical, credit card, auto finance, private label, commercial, consumer loans and sub prime debt recovery. SIMM Associates, Inc. senior management staff has a combined 86 years of collection experience in the credit and collection industry. SIMM?s is a privately held company that has provided account receivable management services to creditors since 1991. SIMM?s was founded by Gregory L. Simendinger and Jeffrey S. Simendinger in Newark, Delaware. For more information on SIMM?s, please see their website at www.simmassociates.com or contact Tom Nusspickel at or 302-275-3890 or tomn@simmassociates.com.