Released on: May 29, 2008, 1:23 pm

Press Release Author: Jennifer Julian/Peak5

Industry: Financial

Press Release Summary: Peak5 is excited to announce the release of a new benchmark
program designed for motor vehicle finance companies to test their internal
servicing strategies. The program entitled, Test Drive Peak5, aligns with the goal
of finance companies to stay on top of regulatory and compliance issues while
maintaining best practices.

Press Release Body: Peak5 is excited to announce the release of a new benchmark
program designed for motor vehicle finance companies to test their internal
servicing strategies. The program entitled, Test Drive Peak5, aligns with the goal
of finance companies to stay on top of regulatory and compliance issues while
maintaining best practices.

Test Drive allows finance companies to explore the benefits of new servicing
strategies, validate existing ones, and discover new techniques that could make a
strong impact on their organization's servicing efforts. This program is performed
in parallel with the finance companies' existing servicing strategies to minimize
any risk concerns.

The test is undertaken using a statistically valid subset of its debtor base. The
new strategy is deployed and at the end of the Test Drive, Peak5 provides a
comparative analysis and professional consultation to reveal the benefits of the
Peak5 approach. An informed decision can then be made on whether to resume regular
practices or to implement the recommended modifications supported by the Test Drive
results. The Test Drive product also features dedicated and immediately available
resources to strengthen servicing efforts, in turn providing both current process
improvements and increased attention to servicing strategies.

"Test Drive Peak5 is the ideal solution for finance companies whether they service
their loans in-house or outsource servicing, as it enables organizations to
discover the strengths and weaknesses of current servicing efforts," states Kevin
Barry, CEO of Peak5. "Clients will learn best practices for handling particular
types of accounts and will gain insight as to the impact our state of the art
technology has on reaching account holders and collecting payments. I believe that
as we continue to see some deterioration in portfolio performance throughout the
credit spectrums during these challenging times, the ability to utilize the
additional resources and custom designed alternatives of Peak5 gives lenders an
immediate option to strengthen their current servicing efforts. We can have them on
board and fully functional for the Test Drive in a very short period of time."

About Peak5
Headquartered in Centennial, CO and currently employing over 350 talented
associates, Peak5 provides flexible and dynamic third-party solutions for the
automotive, health care, and credit card industries including loan servicing,
collections, payment processing, and remarketing. Industry experience, coupled with
state-of-the-art technology, credit and behavioral scoring models, portfolio
reporting methods, and other client tools deliver the leadership and support clients
desire for the management of their consumer loan portfolios. For more information
about Peak5, visit www.peak5.com or call (877) 500-4646.


Web Site: http://www.peak5.com

Contact Details: 6782 S. Potomac St. Centennial, CO 80112
303-391-3261 jjulian@peak5.com