Press release 08.03.2007

100th employee joints Sirius Inkasso

• 75 new jobs created in Düsseldorf
• Mandates from 13 insurance companies and from other companies
• 25,000 receivables processed per year and employee

Düsseldorf, March 8, 2007 Sirius Inkasso, the GFKL Financial Services AG subsidiary specialized in industrialized receivables management, has recruited its 100th employee as of March 1. A total of 75 new jobs have been created by Sirius Inkasso in Düsseldorf.
Sirius Inkasso numbers 13 insurance companies and other clients from the telecommunications, services and trade sectors among its customers. As a collection specialist, the Düsseldorf-based company also takes over the client company’s personnel previously responsible for receivables management in the case of outsourcing mandates.

For companies, the advantage of the complete outsourcing of receivables handling lies in the possibility of proportionally invoicing the previously internal costs of dunning procedures to the debtors in full as external default costs.

Due to the high degree of IT-supported process automation, each Sirius employee is able to process up to 25,000 receivables per year. The attainable quantity structures facilitate the profitable collection of the smallest receivables from a value of just 10 Euros.

Carsten Hofmeister, Managing Director of Sirius Inkasso GmbH: “The industrialization of receivables handling is turning out to be a model for success. The client-oriented debtor approach in particular is leading to a high pre-judicial collection rate, thereby cutting costs. With the high degree of work process automation, the attainable quantity structures and the specialist competence of its personnel, Sirius Inkasso, as a full-service provider for the outsourcing of collection processes, has set new standards in the sector.”

Sirius Inkasso GmbH – a company of GFKL Financial Services AG
GFKL Financial Services AG, Essen, was founded in 1992 as a leasing company, and in recent years has developed into a specialist in finance and IT services offering a very wide range of solutions. GFKL supplies services and products in the credit, collection, software and systems sectors. Based on its years of experience as a financial services company, GFKL is able to assist clients in financing investments, organizing processes and implementing measures for safeguarding liquidity during every phase of the business process. The GFKL Group employs approximately 2,300 personnel.

Media Conatct
GFKL Financial Services AG
Corporate Communications
Sven Kamerar
Limbecker Platz 1
45127 Essen
Germany

Phone: +49 (0)201/102-1192
E-Mail: pr@gfkl.com