Saturday, August 4, 2007

Peachtree Life Settlements Appointed Originator and Servicer for German Life Settlement Fund

BOYNTON BEACH, Fla.--(BUSINESS WIRE)--Peachtree Life Settlements was recently appointed as an approved originator and servicer for a large German life settlement fund. This fund is the most recent in a series of funds marketed and managed in Germany by the fund initiator which is part of a multi-national European banking giant.In announcing the news, Peachtree Life Settlements’ Senior Vice President, Sergio Salani said, "we are pleased to have been selected once again to act in this capacity and are gratified that our prior efforts and relationship has been rewarded in this way. We look forward to working together with the fund."About PeachtreePeach Holdings, Inc., a Florida corporation, is the parent (holding) company of the Peach group of companies, including, among others, Peachtree Settlement Funding, Peachtree Pre-Settlement Funding and Peachtree LBP Finance Company (together, "Peachtree"). Peachtree is a specialty factoring company that purchases high-quality deferred payment obligations. Through its group of affiliated companies, Peachtree caters to people seeking to sell structured legal settlements, annuity payments, lottery prize payments, sweepstakes awards and sports contract payments. In addition, Peachtree provides cash advances to people with pending personal injury claims. Peachtree has purchased over $4 billion of specialty receivables and continues to expand into new areas by bringing institutional financing and professionalism to bear on underserved markets. For further information contact Dori Erann at (866) 730-4418. Peachtree Settlement Funding's corporate website address is www.PeachtreeSettlementFunding.com and Peachtree Life Settlements’ website address is www.life-settlementco.com.

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