SOURCE: National Asset Recovery Corp.

December 06, 2010 15:24 ET

National Asset Recovery Corp. Announces S&P Listing

PALM BEACH GARDENS, FL--(Marketwire - December 6, 2010) - (OTCBB: REPO) (OTCQB: REPO)National Asset Recovery Corp. (NARC) announces that on December 1, 2010 the Company is listed in Standard & Poor's and announced in S&P Daily News. Information on the Company is available to investors in Market Scope (www.marketscope.com) registering over 1 million hits per day and used by over 100,000 investment professionals and brokers daily.

The company information to be made available through this program includes share price, volume, dividends, shares outstanding, company financial position, and earnings. Standard & Poor's Advisor Insight is an Internet-based research engine used by more than 100,000 investment advisors. A public version of the site is available at www.advisorinsight.com

In addition, information about companies in Standard & Poor's Market Access Program will be available via S&P's Stock Guide database, which is distributed electronically to virtually all major quote vendors. As part of the program, a full description of National Asset Recovery Corp. will also be published in the Daily News section of Standard Corporation Records, a recognized securities manual for secondary trading in up to 38 states under their Blue Sky Laws. 

The Company's management will keep S&P updated on the growth of the Company and will use S&P as a resource that provides the Company's financial information to investors.

About National Asset Recovery Corp.

National Asset Recovery Corp. ("NARC") is a collateral recovery management company that allocates repossession assignments nationwide to over 600 recovery agencies that we are partnered with. NARC uses its Lender contact relationships to obtain repossession assignments and handle the logistics of the recovery process. NARC offers repossession assignments & Skip Tracing to collateral recovery and auction delivery. The company has created its own software for Lenders to open assignments online and review updates and progress of the recovery; plus our Repo Agent partners will be able to input updates of the asset recovery.

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plan, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

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