Pickering Company "Hot" Again

Pickering, Ont. - September 23, 2005 - RecoverCorp Inc. announced today, that for the second consecutive year it has been ranked on PROFIT magazine's listing of Canada's top emerging growth companies, the PROFIT HOT 50.

"The PROFIT HOT 50 recognizes entrepreneurial ambition and managerial excellence in Canada," says editor Ian Portsmouth. " These companies have succeeded by meeting emerging market needs, creating better ways to do business and never hesitating to expand beyond our borders."

"It's a great honour to make the HOT 50 two years in a row. We attribute our sustained growth to the commitment and dedication of each member of our organization," says President and CEO, Charles Miller.

"We have always competed successfully against more established organizations and the key differentiator has been and will continue to be, service. The proof of this is our No. 1 ranking with ALL of our clients that use us in a competitive environment," asserts Miller who also says, "results are key but it is our job to deliver results. Service is the 'above and beyond' factor that retains clients."

"The City of Pickering is proud to be home to an exciting and emerging growth company such as RecoverCorp Inc.," said Mayor Dave Ryan, City of Pickering. "With its back-to-back listing in Profit Magazine's Hot 50 listing and nomination for this year's Ajax-Pickering Board of Trade Business Excellence Award, RecoverCorp Inc. is bolstering Pickering's reputation as a dynamic place to do business."

About RecoverCorp Inc:

RecoverCorp was established in 2000 and offers a full suite of accounts receivable solutions through its Collections division, to its Managed Services (outsourcing) business unit as well as providing consulting services. The management team's collective experience on both sides of the client vendor relationship gives RecoverCorp a unique perspective on its clients needs. It is this experience that sets it apart from its competitors and allows RecoverCorp to be a true partner instead of a vendor.

To learn more about the company, visit www.recovercorp.com or call 1.888.426.7576.

About PROFIT:

PROFIT: Your Guide to Business Success offers news, strategies, tips, interviews and other resources to entrepreneurs leading Canadian growth companies. Each year PROFIT - which currently reaches more than 400,000 readers nationally - hosts a number of events that bring together business leaders in the fast-growth segment and champions the interests of those leaders. PROFIT was founded in April 1982, as Canada's first national magazine geared to entrepreneurs. Visit www.PROFITguide.com.