Press Release

Financial Services Executives Join SMS Vanacore

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Posted 31 October 2008 @ 09:40 am ET

NEW YORK, NY -- (Marketwire) -- 10/31/08 -- SMS Vanacore (SMSV), a leader in unclaimedproperty and risk mitigation services, announces new executives to helplead the expansion of industry-specific solutions for its banking,insurance and securities clients.

Lisa Swenson, with more than 24 years of experience in insurance,annuities, mutual funds and brokerage operations, joins SMSV fromAmeriprise Financial, Inc. Most recently, Lisa served as a Director in theClient Service Organization, where she led teams in assisting clientsthrough major life events. Lisa also held key managerial assignments inadministering abandoned property across Ameriprise.

John Amodeo comes to SMSV after more than 22 years at HSBC where he was amarket manager specializing in retail products and services. John's focusincluded the growth of the retail and commercial segments as well asensuring service levels across 20 branches. During his tenure, John servedas a regional representative responsible for setting customer servicestandards, and as a member of an operational task force charged withensuring compliance of retail policies and procedures. John is a graduateof the Consumer Bankers Association for Executive Retail Bank Managementwhere he was educated on executive retail operations, including, retailbank profitability analysis, risk management and competitive productanalysis.

"Over the years, SMSV has built a solid reputation by staffing one thestrongest unclaimed property organizations in the business," said NickNichols, Chief Operating Officer at SMS Vanacore. "Leveraging this strengthby hiring industry experts with strong financial services experience iscritical to our strategy of deploying high value solutions tailored to ourindividual client's business needs. Whether bank accounts, securities orlife products our clients appreciate SMS Vanacore's ability to talkspecifically about their business. John and Lisa's first-hand experienceis a great compliment to our organization."

SMS Vanacore provides customized solutions for clients to simplifyunclaimed property processes including owner and beneficiary location, riskmitigation programs, compliance consulting, and state reporting. Thecompany's expertise represents decades of industry experience, and hundredsof millions of dollars of unclaimed assets restored to owners or recoveredfor clients.

MEDIA CONTACT:Nick NicholsSMS VanacoreNew York, NYPhone: (212) 764-6800Email Contact


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