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| | NCO Group, Inc. Signs Definitive Agreement to Acquire JDR Holdings, Inc. |
 | | Michael J. Barrist, NCO's Chairman and Chief Executive Officer stated, "The addition of JDR represents a milestone in the growth and positioning of NCO Group as the dominant brand name in accounts receivable management and outsourcing. |
 | | Together, we will establish NCO as the leader in our industry." The combined companies, inclusive of the recently announced acquisition of Medaphis Services Corporation, is expected to have revenues in excess of $350 million and approximately 7,000 employees. |
 | | NCO Group, Inc. is a leading provider of accounts receivable management and other outsourced services principally to clients in the financial services, healthcare, retail, commercial, education, telecommunications, utilities and government sectors. |
| www.prnewswire.com /cgi-bin/stories.pl?ACCT=104&STORY=/www/story/11-02-1998/0000791160&EDATE= (447 words) |
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