BALTIMORE, Nov. 15 /PRNewswire/ -- BlueHippo Funding, LLC, a leading direct response marketing firm, was notified that the Federal Trade Commission is seeking to amend a settlement reached with the Company in April of 2008.

The Company reached a $3.5 million dollar settlement with the FTC, which the Company paid in full. The FTC has now filed legal papers containing inaccurate allegations and attempting to change the terms of the parties' agreement nineteen months after the fact. BlueHippo intends to vigorously fight these allegations and to take all steps available to it to rebut the FTC's unfounded claims. BlueHippo has shipped many tens of thousands of brand new computers to customers across the country. We are fully confident that, when the FTC's misstatements have been corrected and the actual facts have seen the light of day, the Company will be fully vindicated.

SOURCE BlueHippo Funding, LLC

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