PR - Asset Acceptance Recognized for Women in Leadership

Asset Acceptance Capital Corp. (Nasdaq: AACC) today announced that it has been recognized by the Inforum Center for Leadership and University of Michigan’s Ross School of Business as a "Most Valuable Player" (MVP) company in the representation of women in leadership positions.

The 2007 Michigan Women’s Leadership Index, produced by the two organizations, measures the presence of women executives in the highest leadership positions of the top 100 publicly-held companies headquartered in Michigan. The index scores Asset Acceptance second overall among eight Michigan companies who earned MVP status.

Published for the first time in 2003, the Michigan Women’s Leadership Index is a one-of-a-kind bi-annual look at the presence of women leaders in Michigan companies. The study, conducted by the Stephen M. Ross School of Business at the University of Michigan, was commissioned by the Inforum Center for Leadership, the non-profit education and research arm of Inforum (formerly the Women’s Economic Club).

"Having a diverse base of associates, including women in leadership roles, contributes to our business success," said Deanna S. Hatmaker, Vice President- Human Resources, Asset Acceptance Capital Corp. "We are honored to have earned this recognition from these respected organizations."

Among the nine executive officers of Asset Acceptance, three are women: Deborah Everly, Senior Vice President and Chief Acquisitions Officer; Deanna Hatmaker, Vice President-Human Resources; and Diane Kondrat, Vice President- Legal Collections. Serving on Asset’s eight-member board of directors is Jennifer Adams, Former Vice Chairman, World Color Press, Inc.

The Michigan Women’s Leadership Index report uses the language of sports to characterize companies according to their Index scores. Those with the highest scores are identified as MVPs; those with middling scores are "In the Game;" and companies with no women officers or board directors are "On the Sidelines."

"We’re pleased to see new companies on the MVP list like Asset Acceptance Capital and hope that more will take their lead," said Inforum and Inforum Center for Leadership CEO and President Terry Barclay. "We are very proud of their achievements."

Complete copies of the 2007 Women’s Leadership Index report are available at www.inforummichigan.org.