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FOR IMMEDIATE RELEASE

Collections Unlimited, Inc. Enhances Executive Team

CRYSTAL RIVER, Fla., Aug. 20, 2012—Two important executive appointments were announced recently by Collections Unlimited, Inc., a resort receivables company based in Crystal River, Florida.

Kimberly Stibbs-Menster, formerly Director of Client Services for the company, has been promoted to Chief Operating Officer. Ms. Stibbs-Menster who has held positions of increasing responsibility with the firm over the last 12 years, will now oversee the day-to-day operations of the entire company.

Gregg A. McMurtrie has recently joined Collections Unlimited as Chief Financial Officer. Mr. McMurtrie has held executive positions with several national resort and land developers during the past 30 years. His particular areas of expertise are in the management of timeshare receivables and client services.

Ms. Stibbs-Menster and Mr. McMurtrie have both received the designation of Registered Resort Professional (RRP) from the American Resort Development Association (ARDA), the national trade association for the resort and land development industry. The RRP designation recognizes the quality of the executive’s knowledge and experience as well as his or her commitment to the industry and the ARDA Code of Standards & Ethics.

“We are so happy to welcome Kimberly and Gregg to their new positions with our company,” said JoAnn Smith Heckman, RRP,  President of Collections Unlimited. “With their impressive skill sets and rich experience in our industry, they will definitely help us to expand and enhance CUI’s presence in the resort receivables marketplace.”

Collections Unlimited, Inc. of Crystal River, Florida (CUI) has been a registered Florida Corporation since 1986. CUI offers a full range of credit and collection services as well as credit inquiries. The company is affiliated with Trans Union and Experian so that CUI’s clients have access to the most effective credit reporting systems available. With offices in Florida and Colorado and a multi-lingual collection staff, CUI handles both domestic and international accounts. The staff is extensively trained in all aspects of the Fair Debt Collection Practices Act (FDCPA) and the Fair Credit Reporting Act (FCRA). CUI specializes in providing credit and collection services to resort developers and timeshare homeowner associations. To learn more, visit www.timesharecollections.com

Media Inquiries:

Kimberly Stibbs-Menster, RRP

Chief Operating Officer

Collections Unlimited, Inc.

Phone Number: (800) 321-6023, ext. 100

E-Mail Address: cui@tampabay.rr.com

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