DebtXS™ Reaches 12,000 Clients Goal

DALLAS - June 2, 2005 – DebtXS reached a major milestone today by announcing they have surpassed their goal of 12,000 clients.

"DebtXS was founded with the simple goal of providing a valuable, alternative service to consumers troubled by debts.  Each individual here at DebtXS is applauded for their perseverance and dedication that turned an idea into a successful reality," said Ken Talbert, founder and CEO of DebtXS.

Founded in 2002, with five employees and only a $25,000 startup budget, DebtXS has become the undisputed leader of the emerging debt negotiation industry.

About DebtXS™

DebtXS is a recognized leader in the debt settlement/negotiation industry. DebtXS was founded by Ken Talbert in 2002 after identifying a need for company that would empower consumers, with honorable alternatives to bankruptcy, through the personalized and proven services of debt negotiation.  DebtXS has grown exponentially and now has more than 150 employees, serving more than 12,000 clients and settling more than $2.5 million in consumer debt each month.

As the industry grows and matures, a steadfast approach will make certain that settlement/negotiation becomes a permanent option for the consumer who is burdened with consumer debt and is facing financial hardship.  DebtXS actively works with USOBA and other organizations to promote the debt settlement/negotiation industry, as well as to draft new standards and legislation to help consumers.

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