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NCO Terminates its Proposal to Acquire Axiant

HORSHAM, Pa., Dec. 8 /PRNewswire-FirstCall/ -- NCO Group, Inc. ("NCO"), a leading provider of business process outsourcing services, announced today that it has notified Axiant LLC ("Axiant") that it is terminating its proposal to purchase Axiant.

On November 20, 2009, NCO entered into an agreement to acquire Axiant, a provider of legal collection services, subject to satisfactory completion of due diligence, the execution of a definitive agreement and other conditions.

About NCO Group, Inc.

NCO Group, Inc. is a leading global provider of business process outsourcing services, primarily focused on accounts receivable management and customer relationship management. NCO provides services through over 100 offices throughout North America, Asia, Europe and Australia.

SOURCE NCO Group, Inc.