SquareTwo Financial Names J.B. Richardson Jr. Vice President, Strategic Development

DENVER, March 29 /PRNewswire/ -- SquareTwo Financial, a leader in the $40 billion asset recovery and management industry, today announces J.B. Richardson Jr. as its vice president of strategic development. In this role, Richardson will lead development initiatives for the SquareTwo Financial Partners Network, a select group of legal and business professionals provided with the technology and tools for driving asset recovery.

"J.B. is the driver behind many of the highly successful initiatives underway for SquareTwo Financial's Partners Network," said Paul A. Larkins, the company's president and CEO. "He now will lead efforts to deepen our partners' competitive advantages, take ownership of our franchise support tools, and spearhead new business development opportunities nationally."

Prior to joining SquareTwo Financial, Richardson was an associate with KRG Capital Partners LLC and an investment-banking analyst for the consumer and retail group of Wachovia Capital Markets.

"I relish the opportunity to expand our Partners Network throughout the United States," Richardson said. "We continue to design and implement new professional tools and powerful products to optimize our partners' operations and support their growth. I look forward to delivering these and other exciting initiatives for the mutual success of SquareTwo Financial and our innovative network of partners."

Richardson has a bachelor's degree in economics and commerce from Hampden-Sydney College.

About SquareTwo Financial:

SquareTwo Financial is a leader in the $40 billion asset recovery and management industry. Through its award-winning technology and unique Partners Network, SquareTwo Financial creates a more effective way for companies and consumers to resolve their debt commitments. Fortune 500 companies in the health care, automotive, banking and credit card industries trust SquareTwo Financial to manage their debt portfolios. The company's national network of legal partners is dedicated to treating consumers fairly and ethically. SquareTwo Financial is based in Denver, Colo. Visit www.squaretwofinancial.com for more information.

SquareTwo Financial Website: www.squaretwofinancial.com

SOURCE SquareTwo Financial