More toCome!Take-over begins a comprehensive growth by acquisition strategy for thepre-IPO companyLOS ANGELES, Jan 26 /PRNewswire/ (ALL PRESS WIRE) U.S DebtSettlement(TM) (USDS) and Compass Credit Services, Inc. have announced thattheir respective companies have completed their agreement under which U.S.Debt Settlement has acquired the assets of Compass Credit Services, a consumerdebt reduction and management services company. Compass Credit, based in Richardson, Texas, is a strategic addition to U.S.Debt Settlement's core business The acquisition will extend U.S. DebtSettlement's service capabilities and has already increased the company'sclient base. 
Compass Credit's computing capability included valuable softwareupgrades, data mining and innovations that will provide advanced productivitysolutions for U.S Debt Settlement's client management efforts U.S. Debt Settlement will build upon Compass Credit's customer relationshipsby maintaining its superior outreach strategy and acclaimed level of clientloyalty and satisfaction. Debt Settlement's vision oftaking over a number of other debt settlement companies. "I am currently inthe process of putting together a letter of intent to acquire another companythat has 5,000 clients and does eight million a year," said Michael Mann,President and CEO of U.S. Debt Settlement who intently describes how hisbusiness is in acquisition mode "The take over complement's U.S.

DebtSettlement's business and extends our ability to deliver compelling debtsettlement products and services to our customers. Our competitivedifferentiators have led debtors to choose U.S Debt Settlement.Ouracquisition plan will strengthen U.S. Debt Settlement as the leading providerof debt settlement solutions for financially troubled consumers. "We see exciting growth opportunities ahead for our company, ourinvestors and our employees. We are happily looking forward to 2009 as we gopublic on the Frankfort Exchange first quarter of this year The acquisition, which is not subject to U.S. regulatory and other customaryconditions or business disclosures, closed in October 2008 Terms of thetransaction were not disclosed.About U.S.