PAMPA, Texas, Aug. 6 /PRNewswire-FirstCall/ -- UMC, Inc. (Pink Sheets: UMCN), a provider of delinquent and nonperforming collection services, today announced that Moses Mays II has joined UMC, Inc. as chief operating officer. In this capacity, Mr. Mays will be responsible for overseeing the Company's transition and development into the bankcard and commercial debt collections business as well as the stabilization of its Illinois and Texas medical debt collection practices. Mr. Mays has served as a consultant to UMC, Inc. since July 2008. Prior to his engagement, he was employed with Mayco Global Consulting, Inc., a company he founded in 2004 and served as its president and chief executive officer. Mr. Mays is an experienced management and operations advisor with over three decades of collections and recovery industry experience. He has advised management or held senior-level positions with numerous collection agencies and financial services organizations. "We are delighted to have a person of Mr. Mays' caliber and stature exclusively assisting us in our turnaround efforts. Specifically, his understanding of the credit card work product, proficiency in devising workflow strategies, and implementation of staff motivational techniques will prove to be extremely beneficial and invaluable as UMC accelerates its entry into and fosters new relationships in these markets," stated Danniel E. Stevens, the Company's chief executive officer. Mr. Mays holds a bachelor's degree in business administration from the University of Colorado, Boulder. About UMC, Inc. UMC, Inc., through its affiliates, provides outsourced accounts receivable management and related services to the healthcare, retail, and financial services industries. The company also engages in the purchase and collection of non-performing medical, retail and bank card account balances. For more information, visit http://www.umcinc.com/. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks that may cause UMC, Inc.'s performance to differ materially. Such risks include, without limitation: changes in trends in the financial services industry; our ability to compete successfully with competitors in the market; our ability to maintain client contracts or to enter into new contracts; uncertainties related to future incentive payments; and, our ability to operate successfully in new lines of business. DATASOURCE: UMC, Inc. CONTACT: Danniel Stevens, Chief Executive Officer of UMC, Inc., +1-806-669-9223 Web site: http://www.umcinc.com/

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