Atlanta , GA - December 8, 2004
ASSET MANAGEMENT OUTSOURCING ANNOUNCES THE APPOINTMENT OF BEN NORVELL AS DIRECTOR OF COLLECTOR PRODUCTIVITY

John McNamara, Chief Operating Officer of Asset Management Outsourcing, Inc. (AMO), announced today that Ben Norvell , formerly with OSI Collection Services, Inc., has joined the AMO team as Director of Collector Productivity.

Norvell joins AMO with over 25 years of collections experience covering all aspects of credit, collections, recovery and vendor management. He has extensive knowledge and expertise in the areas of bankcard, retail, auto deficiency and T&E collections. As Director of Collector Productivity, Norvell will be directly responsible for staffing and inventory control designed to deliver the best possible results for our clients.

"As far as I am concerned, Ben Norvell is the gold standard for operations fundamentals. His track record of client performance, reputation for integrity, and ability to simplify problems and focus on the key elements that generate optimal results make his addition to the team a real coup," said McNamara.

"It is very exciting for me to be working with the new executive team at AMO. Our combined efforts and experience will be focused on total performance for each of our clients. Some things never change and the only way to thrive in this industry is to consistently do the right things for your clients. Performance will be the key component in our day to day efforts," said Norvell.

Mr. Norvell can be reached by phone at: 623.463.7779 or via email at: ben.norvell@ amorecoveries.com. Mr. McNamara can be reached at 678.282.6503 or via email at: john.mcnamara@amorecoveries.com

Asset Management Outsourcing, Inc., with eight offices across the country, is a leading outsourced provider of accounts receivable management services. As one of the 25 largest collectors of delinquent debt in the United States, AMO provides customized receivables management solutions through traditional, third party collection services for early out, pre-charge off and post charge-off accounts.