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   Press Release

 August 3, 2006

Collection Software Provider Issues Challenge to Competitors

 by Patrick Lunsford CollectionIndustry.com

In a bold move of product confidence usually reserved for sodas and light beer, Data Transformation Corporation (DTC) yesterday proposed a live “duel” between their ZEUS Litigator module and any other collection software litigation program.

DTC CEO, Andrew Thrash , said in a release, “We are giving our competitors a fair and open opportunity to challenge [us] in a public setting.”

The company proposes a live head-to-head challenge that would take place in a public setting and would be moderated by a neutral third party. The challenge would involve a “standard litigation scenario” and would cover three key disciplines:

  • Generate and print legal documents associated in filing a lawsuit against a debtor, i.e. Summons and Complaint

  • Demonstrate how an account is due for a particular activity

  • Show an audit trail of the legal activity taken on that account

When contacted Thursday for comment, DTC told CollectionIndustry.com, “We are totally serious about this challenge. We want it to happen.”

It is believed that the duel would be the first such head-to-head public challenge for collection software.

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