Boynton Beach, FL - May 8, 2007: Peach Holdings, Inc. ("Peachtree") announces the appointment of Luis Romero as Chief Information Officer effective April 11, 2007. Mr. Romero joins Peachtree from Binary Technologies, where he served as President. Mr. Romero has previously served as the CIO at Relationserve, Inc. and at Debt Management Associates and has had over a decade of specific specialty finance experience, including prior consulting engagements for Peachtree.
Commenting on the appointment, Jim Terlizzi, Peachtree's CEO said: "I am very pleased that Luis has joined Peachtree as CIO. His expertise will propel our technology capabilities to levels needed to support our continued rapid growth.”
Luis Romero said: "Peachtree is an exciting and dynamic company and I welcome the opportunity to impact the company's evolution by executing on our plans for next generation technologies and solutions. As technology continues to evolve we are presented with new opportunities to transform services and a need to plan for the long-term future of technology-infused operations."
About Peachtree Settlement Funding
Peach Holdings, Inc., a Florida corporation, is the parent (holding) company of the Peach group of companies, including, among others, Peachtree Settlement Funding, Peachtree Pre-Settlement Funding and Peachtree LBP Finance Company (together, "Peachtree"). Peachtree is a specialty factoring company that purchases high-quality deferred payment obligations. Through its group of affiliated companies, Peachtree caters to people seeking to sell structured legal settlements, annuity payments, lottery prize payments, sweepstakes awards and sports contract payments. In addition, Peachtree provides cash advances to people with pending personal injury claims. Peachtree has purchased over $4 billion of specialty receivables and continues to expand into new areas by bringing institutional financing and professionalism to bear on underserved markets. For further information contact Dori Erann at (866) 730-4418. Peachtree’s corporate website address is www.peachholdings.com.
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