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| Peachtree Settlement Funding Marks Major Milestone as it Passes the One Billion Dollar Mark in Committed Financing Boca Raton, Fl., August 16, 2005-Peachtree Settlement Funding announces that it has exceeded the one billion dollar mark in committed financing. This milestone demonstrates Peachtree's continued growth and strong financial support from the capital markets. Founded in 1996, Peachtree Settlement Funding is a leader in the specialty factoring industry. Peachtree acquires a wide-range of financial assets such as Structured Legal Settlements, Lottery Receivables, Life Settlements and other types of deferred payment obligations. The one billion dollars in committed financing demonstrates continued confidence from the capital markets and Peachtree is already rapidly approaching its second billion in committed financing. Peachtree's Chief Executive Officer, James Terlizzi, commented, "I'm extremely proud of our achievements and our continued growth. Our perseverance and hard work made reaching this milestone possible". Terlizzi further stated, "In the coming months Peachtree will introduce several new initiatives to reach untapped financial assets." In early 2006 Peachtree is planning to move its Boca Raton offices to a newly designed 50-thousand square foot facility in Boynton Beach, Florida. About Peachtree Settlement Funding Peachtree Settlement Funding is a specialty factoring company, which allows recipients of future cash flows to obtain an immediate lump sum in exchange for all, or a portion of, those future sums. Peachtree is the nations leading specialty factoring company and caters to people seeking to sell structured legal settlements, annuity payments, lottery prize payments, sweepstakes awards and life insurance policies. In addition, Peachtree provides cash advances to people with pending personal injury claims. Peachtree has purchased over $2 billion of specialty receivables and continues to expand into new areas by bringing institutional financing and professionalism to bear on under-served markets. For further information you may contact our Public Relations Manager, Greg Meyer, at 866.274.6534 or at Gmeyer@lumpsum.com. Our website address is www.peachtreesettlementfunding.com. |
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