Debt Resolve Adds Mr. Sean Lucero to its Board of Directors

WHITE PLAINS, NY / ACCESSWIRE / September 1, 2015 / Debt Resolve Inc. (PINKSHEETS: DRSV) is pleased to announce the addition of Mr. Sean Lucero to its Board of Directors effective August 25th 2015. Mr. Lucero, 42, is one of the founding members of LSH, LLC, which is Debt Resolve’s partner in its majority owned joint venture, Progress Advocates LLC.

“We are very excited to have Sean join our Board,” said Bill Mooney, Chairman of Debt Resolve. “His entrepreneurial experience and success will bring a valuable new dimension to the company’s strategy for growth and expansion.”

Mr. Lucero started his entrepreneurial career working at a McDonald’s restaurant as a teenager. By his early thirties he owned his first McDonald’s franchise located in Marina Del Rey and now owns 9 McDonald’s restaurants in Southern California. He is an active donor to the Ronald McDonald House which provides stability and resources to families with a sick child. Mr. Lucero also co-founded Student Loan Support in 2013, a company which has since been sold, but whose experience in the field of preparing the documents required to modify and consolidate their clients’ Federal student loans is the basis for the Progress Advocates LLC joint venture.

Mr. Lucero commented, “I am delighted to have been invited to join the Board of Debt Resolve. I am very impressed with the way in which the current management team has revitalized the Company and I believe my position on the Board will be most helpful in accelerating its progress.”

Mr. Lucero resides in Orange County, California.

About Debt Resolve, Inc.

Debt Resolve’s traditional business provides lenders, debt buyers, collection agencies, collection law firms and hospitals with a patent-protected online bidding system for the resolution and settlement of consumer debt, as well as collection solutions that are effective at every stage of collection and recovery. Progress Advocates LLC is a Debt Resolve Inc. majority owned joint venture with LSH, LLC and provides documentation preparation services for federal student loan modification and consolidation. The company also provides web-based payment platforms for the financial and healthcare industries. The company is publicly held and trades on the OTC Markets under the symbol DRSV. Debt Resolve is headquartered in White Plains, New York.

Forward-Looking Statements

Certain statements in this press release and elsewhere by management of the Company that are neither reported financial results nor other historical information are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors which may cause or contribute to actual results of the Company’s operations varying significantly and materially from anticipated results. Debt Resolve undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by SEC rules. Investors are advised to consult any further disclosures made on related subjects in the Company’s reports filed with the SEC.

Investor Relations:

Rene Samson
Debt Resolve, Inc.
rsamson@debtresolve.com
(914) 949-5500 x218

SOURCE: Debt Resolve, Inc.

ReleaseID: 431687