For release December 14, 2007

Portfolio Financial Servicing Company (PFSC) is pleased to announce the appointment of two new key personnel to the company’s sales efforts.

Curt Lysne, CLP has been hired to lead the sales and marketing efforts of PFSC as Vice President, National Sales and Marketing. Curt has an extensive background in the leasing industry spanning over 25 years and has held leadership positions in Sales, Credit and Funding for large and midsize leasing company’s during his tenure. He spent 14 years at GE Capital-Colonial Pacific Leasing in various roles including Credit Manager, Sales Manager, Portfolio Acquisition Manager, Chief Risk Officer and Vice President, Sales. Most recently, Curt founded and built a third party origination channel for a large lessor in California. The success of that unit’s growth was the catalyst for his promotion to Chief Sales Officer for the Direct and Commercial origination channels as well as leadership of the Marketing and Sales Training departments. “It is my belief Curt can assist PFSC through new account penetration and effective sales strategies to grow the PFSC organization. Curt’s reputation and knowledge in the leasing industry is invaluable to PFSC as we continue to expand, stated John Enyart, President of PFSC

Curt has been a CLP since 1998 and has been active in the UAEL and NAELB leasing associations through board involvement, Conference Chairman and as a speaker and panel participant. He has a degree in Accounting from Bowling Green State University in Ohio. Curt is located in San Clemente, California.

Alan Zeppenfeld, has also been added to the newly formed sales team as Vice President, Sales. Alan has been in the portfolio management/outsourcing business for over 30 years. Alan worked at Xerox for 23 years in a key role for their outsourcing initiative. He held positions of increasing responsibility including, Manager of Asset Control, Manager of the Administrative Services Business, and Manager of Third Party Originations and Operations. Alan spent three years at Lanier Worldwide where he was Director of Asset Management. Most recently Alan has been Director of Operations and Business Development for JDR Solutions.

Alan has been active with the UAEL serving on the board and with the Lessors Network as a contributing speaker. Alan received his undergraduate and MBA degrees from Gannon University in Pennsylvania. Alan is located in Gainesville, Georgia.

"These two individuals add significant strength and expertise to the PFSC management team. I have every confidence that Curt and Alan will make significant contributions to our Company in the years to come, and we are very fortunate that they have agreed to assume these critical positions with PFSC." states John Enyart, President.