B-Line, LLC Board of Managers Appoints Interim CEO

SEATTLE, Sept. 2 /PRNewswire/ -- B-Line, LLC ("B-Line"), a leading
purchaser and servicer of consumer bankrupt accounts in the United States,
today announced that its Board of Managers has appointed Edward Barton,
B-Line's current Chief Financial Officer, to serve as Interim Chief Executive
Officer.
The position of CEO has been vacant since Lone Star Funds acquired B-Line
in September 2006. In his role as Interim CEO, Mr. Barton will have
responsibility for all facets of the company. Rui Pinto-Cardoso, B-Line's
President and Chief Operating Officer, will continue in his current role with
oversight of the company's operations and sales efforts.
Mr. Barton commented, "I am pleased to take on this responsibility and I
look forward to working with the Board of Managers and the B-Line management
team as we continue to execute on our strategy."
"Over the next few months, B-Line will be finalizing the selection of a
permanent CEO to lead the company," stated Erin Koechel, Vice President of
Hudson-Advisors, which manages and services Lone Star Funds' investments.
"During this time, Mr. Barton will bring the strong financial leadership and
expertise needed in order to navigate the company in the current
macro-economic environment and position it for continued success."
About B-Line, LLC
B-Line, LLC ("B-Line") is one of the leading purchasers and servicers of
consumer bankrupt accounts in the United States. Since the founding in 1997,
B-Line has purchased and serviced more than $50 billion of bankruptcy
receivables. B-Line purchases secured and unsecured consumer debt included in
both Chapter 7 and Chapter 13 cases throughout the nation. Additional
information may be found at http://www.blinellc.com.
About Lone Star Funds and Hudson Advisors
Lone Star Funds is a leading U.S. private equity firm. Since 1995, the
principals of Lone Star Funds have organized private equity funds totaling
more than $23 billion to invest globally in corporate secured and unsecured
debt instruments, real estate related assets and select corporate
opportunities. Hudson Advisors has managed and serviced investments bought by
Lone Star Funds since 1995. Additional information may be found at
http://www.lonestarfunds.com.
Contact:

Louis Treiger
B-Line LLC
206-239-2642
louis.treiger@blinellc.com

SOURCE B-Line, LLC

Louis Treiger of B-Line LLC, +1-206-239-2642, or louis.treiger@blinellc.com