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Peak5 Names Senior VP of National Sales

September 18, 2008

CENTENNIAL, Colo. – Peak5 has named Thomas Richards as senior vice president of national sales.

In his new role with Peak5, Richards will be responsible for managing the sales and marketing of Peak5's service offerings and ultimately building a successful national sales team. He will be working directly with current and prospective clients to improve Peak5's processes and bring prospective clients into a partnership with the company.

Richards has worked in the automotive industry for nearly 15 years, and most recently as v.p. of sales for vAuto Inc. He has been successful in building strong sales and service teams for companies in early or start up modes and establishing long-term successful strategies.

"Tom has a wide range of expertise within the automotive industry from loan originations to technology and system sales. His expertise in sales management and the building of successful sales organizations is of great value to our company," states Kevin Barry, CEO of Peak5. "Tom has demonstrated he is a hands-on leader with strong enthusiasm about growing our loan servicing organization."

Richards graduated summa cum laude from Utah State University with a degree in marketing and finance.

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