Regal Technologies and Debt Resolve Announce a Joint Marketing Partnership Benzinga

16.06.11

TARRYTOWN, N.Y., June 16, 2011 (GLOBE NEWSWIRE) -- Debt Resolve, Inc. (OTCBB:DRSV) (the "Company") announced that Regal Technologies LLC, a provider of leading payment management solutions, and Debt Resolve have entered a marketing partnership where Regal will market DR Settle™ and DR Prevent™ to its clients. Debt Resolve will market Regal's payment processing solutions to its clients and new relationships.

David Rainey, Debt Resolve's President and CFO, stated, "We have come to know the Regal team through our business partner e-complish, which is affiliated with Regal. e-complish and Regal together provide leading payment solutions to their clients, both web and IVR based. We look forward to Regal marketing our solutions to their clients and are pleased to be able to have a strong partner for payment processing for our clients."

"The joint marketing partnership of Debt Resolve and Regal Technologies truly is a perfect fit.  By providing the integrated Regal payment processing solutions with Debt Resolve's online bidding system, we can shorten individual agencies' implementation from weeks to days.  Every day the collection industry delays offering consumers a web based payment and settlement solution is lost revenue for the industry and lost savings for the consumer," stated Mike Cassella, Debt Resolve's Chief Operating Officer.  "To partner with such an industry leader as Regal Technologies advances our efforts to speed up the adoption on the Debt Resolve system through an extremely strong partnership network."

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