Katabat (formerly CMC) Issued a U.S. Patent For its Multi-channel Virtual Collections Center Capability

USPTO allowance confirms ground-breaking nature of Katabat platform and approach

Wilmington, DE, May 2, 2014 – Katabat is pleased to announce today that it has received notice of issuance from the US Patent Office of a patent for its “Method and System for Providing a Multi-Channel Virtual Collections Center”. The U.S. patent number 8,660,941 describes Katabat’s unique method for combining payment program management, communications management and data analytics modules to manage debt collections campaigns – using client-configured scenarios deployed in its virtual (cloud-based) system to provide individualized treatments for each debtor in order to maximize efficiency and effectiveness.

Dawn Willey, Katabat  Chair and one of the patent authors along with Katabat CTO Ye Zhang, said “This patent affirms the next-generation nature of our unique combination of decisioning and execution in one system and confirms our claim on having created a revolutionary capability in the marketplace. We are thrilled to have this example of Katabat (formerly CMC Agile)’s thought leadership recognized formally through the patent process.”

“While legacy systems continue to try to replicate this functionality via multiple layers of integration and middleware, our CredAgility™ platform delivers it in a much more functional, robust, and cost-effective package” said Vytas Kisielius, Katabat CEO, “that confers huge advantage to our clients. It was unique as described years ago when we applied for the patent, and it remains unique as delivered in the platform today.”

For further information about Katabat’s capabilities as described in this patent, please contact Joel Rickman at jrickman@katabat.com

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