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MicroBilt Corporation Announces Dave King as new Director of Strategic Development

KENNESAW, GA, Sep 06, 2011

MicroBilt Corporation, a leader in risk management information for small and medium-sized businesses and leading provider of alternative data for non-traditional lenders is pleased to announce the appointment of Dave King as MicroBilt’s new Director of Strategic Development. Mr. King was previously Channel Manager, Partner Programs at Intuit, Inc. where he managed strategic account relationships for Intuit’s Payment Solutions division. Mr. King brings over 25 years experience in strategic account leadership in the payments processing industry. One of Mr. King’s top priorities as MicroBilt’s new Director of Strategic Development will be to bring the next generation of verification and authentication solutions to the payment processing, online short-term lending and traditional lending markets. Mr. King’s extensive expertise in developing payment verification and authentication data solutions with the largest payment processors, ACH gateways and billing providers will extend and enhance MicroBilt’s leadership position in the online short-term lending market. "It is exciting to lead MicroBilt’s efforts into new markets where MicroBilt’s leadership in alternative data and short-term lending solutions will allow us to develop the best-in-class verification and authentication solutions for the payments industry and the online short-term lending industry” says King, “The “underserved” market is one of the fastest growing segments in all US payment and lending markets and represents significant potential for businesses and lenders and they will require the next generation data solutions to manage risk to realize the potential in the underserved/underbanked market. MicroBilt has the deep expertise in the business critical-data solutions that these companies will need to compete in this market." "We are excited to have someone of Dave’s caliber to lead the development of our next generation of verification and authentication solutions.” noted Walt Wojciechowski, CEO of MicroBilt, “Businesses today need every business opportunity and every advantage they can find. With our Verify products for short-term lending and our PRBC Report with FICO® Expansion® Score, MicroBilt gives businesses decision critical data that they can rely on to deal with the very large population of our country where there has been too little information with which to make good credit or other business decisions. MicroBilt offers businesses and lenders unique insights into the underserved consumer that are not available from any other data provider. Mr. King’s expertise in verification and authentication data for payment processes, married with MicroBilt’s expertise in alternative data and short-term lending solutions provides a unique opportunity to offer the next generation data solutions for the markets we serve. Dave will make a great addition to our MicroBilt team." About MicroBilt
MicroBilt is the leader in serving small businesses with data and tools that they need to manage business risk, value private businesses, make informed lending and hiring decisions. MicroBilt offers the small business owner simple, cost-effective solutions for fraud prevention, consumer financing, debt collection, skip tracing and background screening. MicroBilt provides access to over 3 billion debit account records, nearly 30 billion pieces of demographic and public record data and over 100 million unique consumer records to prevent identity fraud, evaluate credit risk and retain customer relationships. With its PRBC® Consumer Report with the FICO® Expansion® Score and its unique, proprietary non-traditional lending data, MicroBilt is the leading provider of alternative credit data to businesses that want to offer credit and other financial services to the over 100 million underserved consumers in the United States.

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