Amerisource Expands Operations in Jacksonville, Florida

Release date: December 1, 2005

Houston, TX – Amerisource Funding, Inc. proudly announces the opening of its newest sales office in Jacksonville, Florida.

Timothy J. Fries has assumed the position of Regional Marketing Manager in Jacksonville, Florida for Amerisource Funding. Mr. Fries has enjoyed a successful career with over 25 years in the asset based finance industry. Prior to joining Amerisource, Mr. Fries was senior vice president and national sales director for Capital TempFunds.

Mr. Fries has been in Commercial Lending the majority of his professional career. He is a graduate of Commercial Lending School and received his degree from University of South Florida. Tim’s primary responsibilities will include expanding Amerisource’s presence in the southeast.

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About Amerisource Funding
Amerisource is one of the largest independent finance companies in the nation, having provided over $6 billion in capital to borrowers and clients through both its Asset Based Lending arm (Amerisource Business Capital) and its A/R financing arm (Amerisource Funding). Amerisource prides itself on outstanding client service and boasts an industry-best client retention rate in excess of 48 months. Amerisource Funding has offices located throughout the United States.

To learn more, visit http://www.amerisource.us.com.

Contact:

Jaylene Cyr (713) 863 8300 Ext. 239
jcyr@amerisource.us.com