Encore Capital Group Names New Senior Vice President and Chief Information Officer

Jun 11, 2012, 15:15 ET from Encore Capital Group, Inc.

SAN DIEGO, June 11, 2012 /PRNewswire/ -- Encore Capital Group, Inc. (Nasdaq: ECPG), a leading provider of debt management and recovery solutions for consumers and property owners across a broad range of assets, today announced that Carl Eberling has joined the organization as Senior Vice President, Information Technology and Chief Information Officer.

Prior to joining Encore Capital Group, Mr. Eberling served as GM and Chief Technology Officer at Quest Software. He has held executive and CIO positions with Kaiser Permanente and Verizon Wireless. He has broad experience leading strategic technology acquisitions and solutions development, and expertise in data security and performance management.

"Technology plays a fundamental role in the success of our business," said Encore CEO Brandon Black. "I look forward to Carl's contributions as he helps us take advantage of information technology as a strategic asset for the company. Carl's leadership helped drive significant progress and technological capacity within his prior organizations and that experience in achieving capacity and scale will help drive continued growth and success here at Encore."

Mr. Eberling holds a B.S. from San Francisco State University and is a former Sergeant in the United States Marine Corps.

About Encore Capital Group, Inc.                                                                

Encore Capital Group is a leading provider of debt management and recovery solutions for consumers and property owners across a broad range of assets. Through its subsidiaries, the company purchases portfolios of consumer receivables from major banks, credit unions, and utility providers, and partners with individuals as they repay their obligations and work toward financial recovery. Through its Propel Financial Services subsidiary, the company assists property owners who are delinquent on their property taxes by structuring affordable monthly payment plans. Encore's success and future growth are driven by its sophisticated and widespread use of analytics, its broad investments in data and behavioral science, the significant cost advantages provided by its highly-efficient operating model and proven investment strategy, and the company's demonstrated commitment to conducting business ethically and in ways that support its consumers' financial recovery.

Headquartered in San Diego, Encore is a publicly traded NASDAQ Global Select company (ticker symbol: ECPG) and a component stock of the Russell 2000, the S&P SmallCap 600, and the Wilshire 4500. More information about the company can be found at www.encorecapital.com.

For media inquiries, please contact:

George Durham, Encore Capital Group george.durham@encorecapital.com (858) 309-9491

Katie Lilley, Hillenby, for Encore Capital Group katielilley@hillenby.com (703) 889-8504, ext. 2

SOURCE Encore Capital Group, Inc.