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Fidelis In the news


For Immediate Release

Contact: David Herman

Latitude Software

866-396-2599

david@debtsoftware.com

"Industry Veterans Select Latitude Software”

October 10, 2006

JACKSONVILLE, Fla. – Collection industry veterans Bret Crandall and John McNamara, of Fidelis Recovery Solutions, Inc., announced today they have chosen Latitude Software, the industry’s leader in providing software and services to the debt collection and recovery industry, as their company’s preferred software vendor.

  “In an industry where 80-percent annual employee turnover is a good number, you had better have a collection system that is intuitive and easy to learn,” McNamara said. “Latitude is such a system. If trainees have ever been on the Internet, they can almost teach themselves Latitude in about 30 minutes. With 25 years in the industry, I’ve seen really great systems and really bad ones. The bad ones were designed for another purpose and try to masquerade as a collection system. The good ones were designed from the ground up to support the core function of collections.”

 This partnership adds to the growing base of Latitude customers, and it will help Fidelis become more efficient toward its debt recovery workload, said Carl Harkleroad, president of Latitude Software.

  “We are pleased to have clients like Bret and John who have many years of industry experience select Latitude Software,” Harkleroad said. “They both understand the increased client pressures of data encryption, heightened security and real-time data exchange that require cutting-edge software technologies to allow them to respond to these pressures.”

 About Fidelis

 John McNamara, formerly chief operating officer of Asset Management Outsourcing, Inc., and Bret Crandall, formerly director of operational support for Focus Receivables Management, LLC, announced today their intent to launch a new class of debt collection agency, named Fidelis Recovery Solutions, Inc. after the Latin word, “fidelis,” which means faithful and trustworthy. This new venture is structured to provide both low cost and customized solutions for debt buyers and original creditors.

 Crandall can be reached at 770-317-3973 or by email at bcrandall@fidelisrs.com.

McNamara can be reached at 770-715-9540 or by email at jmcnamara@fidelisrs.com.

 
About Latitude

 Latitude Software is a 10-year-old company that is a leading provider of collection software to collection agencies, collection law firms, debt buyers and credit grantors. Known for its use of advanced technologies, the Latitude suite of products is built using the latest Microsoft. Net development tools and latest Microsoft SQL database technologies. More than 150 companies use the Latitude suite of products and services, including its new ASP-hosted solution. For more information, visit www.debtsoftware.com or call 866-396-2599.

 

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