TRAKAmerica Announces FASTRAK 2.0

Updated Analytic Model Substantially Improves Legal Program Net Back

SYOSSET, NY, March 20, 2007 — TRAKAmerica, the rapidly growing legal network management company, announced today the release of FASTRAK 2.0, the company’s proprietary model for establishing the most effective legal strategy for every account in a portfolio. The newest version of the model includes over 30 variables to predict the likelihood of successful legal action. When combined with TRAKAmerica’s disciplined attorney management process and unique asset location skills, FASTRAK 2.0 has proven to boost legal program net back by up to 50% over traditional methods.

“FASTRAK 2.0 is built on our experience with over 400,000 cases, including over $10 million in court costs, over the past four years,” said TRAKAmerica Managing Partner Thomas Dalessandro. “Before we developed FASTRAK, we were in the same boat with everyone else, running asset searches on a lot of accounts at vast expense and then pretty much ignoring those where we couldn’t find assets. Since FASTRAK doesn’t depend on asset information, we can now get a handle on who to sue before we do the asset search. As a result not only are we more likely to be successful with our suits, but also we are less likely to forgo suit just because we can’t find an asset. The original FASTRAK model revolutionized our process and the newest version just keeps improving our edge.”

“Our beta clients have been uniformly impressed with the effectiveness of FASTRAK and the positive impact on their net back,” remarked company CEO Thomas Milana. “Our success is built on three legs. The first leg is the model, which gives us a huge edge in knowing who to sue. The second leg is our disciplined attorney process that ensures our individual attorneys are acting based on historically proven results, not guesswork. The third leg is our heritage as a skip tracer and asset finder. As a result, we only sue cases that are suit worthy, we don’t waste money on dead ends and we manage our attorneys carefully and supply them with everything they need to bring the account to a successful resolution.”

David Paris, CEO of North Star Capital Acquisitions Group and a FASTRAK 2.0 beta customer, commented, “We have been just astounded with TRAKAmerica’s ability to bring us higher recoveries on our portfolio. They have easily outperformed their nearest competitor and clearly FASTRAK’s accuracy gives them a big leg up over their competition.”