Katabat (formerly CMC) Elevates Industry Veteran to COO

Ray Peloso to Lead Major Expansion

WILMINGTON, Del., May 6, 2015— Katabat, a leading provider of credit customer management solutions for global lenders, today announced that Ray Peloso has been appointed to the newly created position of Chief Operating Officer.

In this new role, Mr. Peloso has executive responsibility for operational delivery for Katabat’s clients in all markets, including Client Support, Product Management, Marketing, Advisory Services, Technology, and Human Resources.

“Katabat continues to enjoy significant growth, including an aggressive expansion of services in Australia and Europe” said Mr. Kisielius. “We are committed to providing unparalleled responsiveness and quality for our clients. Ray’s appointment is intended to bolster that commitment. His experience and maturity will be invaluable as we continue to grow.”

Mr. Peloso has over 20 years of diverse executive experience in financial services at four global banking institutions. He has particular expertise in consumer lending, as well as enterprise operational and infrastructure management. Prior to joining Katabat he most recently held global and executive roles with the Royal Bank of Scotland and its US subsidiary, RBS Citizens Bank.

“I am excited to take on this new challenge, humbled by the trust afforded me by Vytas and our Board, and eager to join with Katabat’s colleagues in delivery for our clients” said Mr. Peloso.

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 About Katabat

Katabat offers pioneering customer experience management solutions that enable lenders to deploy completely synchronized offers, contacts, workflows, content and treatments across credit card, real estate, student, and installment loan products. The company’s CredAgility® platform is helping a rapidly growing number of top lenders automate customer-facing business processes, optimize the effectiveness of their resolution strategies, and realize efficiency gains through improved customer engagement. The company’s Unified CollectionsTM solution, for example, is helping creditors improve their borrowers’ experience and post large efficiency and effectiveness gains while dramatically improving compliance. For more information, visit katabat.com or call 302-830-9262.

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Katabat is the leading provider of debt collections software to banks, agencies, and alternative lenders. Founded in 2006 and led by a diverse team of lending executives and leading software engineers, Katabat pioneered digital collections and has led the industry ever since. It is our mission to provide the best credit collections software in the market and solve debt resolution from the perspectives of both lenders and borrowers.

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