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MRS Purchases State of the Art Facility

Tuesday, January 08, 2008

Nationwide Outsourcing Company Purchases New Facility to House Headquarters

Cherry Hill, NJ: MRS Associates, Inc. (MRS) announced today that an agreement has been signed to purchase a 42,000 square foot building that will allow for future growth capabilities and specifically provide the ability for MRS to grow their expanding footprint of 400 employees to over 650 employees in Cherry Hill, NJ.

The company has attributed the planned expansion to opportunities from new and existing clients that include diverse financial creditors requiring speed of implementation, unassailable data security, and highly controlled and automated collection processes. According to Co-CEO Jeff Freedman, "Our current expansion plans are a direct result of our team's hard work and commitment to excellence. Consequently, when employee growth occurs, there becomes a greater need for accommodating facilities and we are meeting those needs with this purchase."

President/CFO, Darren Schulman added, "MRS strives to stay ahead of the industry demands of tomorrow and our new planned state-of-the-art facility demonstrates not only our commitment in meeting those demands, but it also shows a commitment to our home community of Cherry Hill."

As part of the facility restructuring, MRS will continue to grow its domestic call centers located in New Albany, OH and Parsippany, NJ and has chosen to close its office in Phoenix, AZ. MRS also has an offshore location in Mumbai, India that continues to grow rapidly.

MRS Associates (www.mrsassociates.com) is a nationally licensed, full-service accounts receivable management company that specializes in accounts receivable management, customer relationship management, and back office management.

For More Information:
Don Siler, Chief Marketing Officer
don.siler@mrsassociates.com
856-988-9122, x3014

For PDF version of press release please press here.