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Harmonie International To Fund $7 Million By April 30, 2008 WHITE PLAINS, N.Y., April 25 /PRNewswire-FirstCall/ -- Debt Resolve, Inc. ("Debt Resolve") (AMEX:DRV) announced today that Chairman James D. Burchetta and Chief Executive Officer Kenneth Montgomery will be presenting at the AeA Micro Cap Financial Conference in Monterey, California on May 6, 2008. A replay of Debt Resolve's presentation will be available on the company's website following the conference, http://www.debtresolve.com/. The Company also announced that the funding scheduled to be received from Harmonie International, LLC on April 17 or 18th is now scheduled to be received on or before April 30, 2008 due to international wire compliance issues unrelated to Debt Resolve. Debt Resolve believes that the Harmonie funding will provide sufficient cash for ongoing operations leading to the Company being profitable by late 2008 or early 2009. The Company recently filed its 2007 Form 10-KSB, which contained a going concern qualification from the Company's registered public accounting firm. David Rainey, President and CFO of Debt Resolve stated, "Debt Resolve has had a going concern opinion in its financial statements since inception. This condition is not unusual for newer public companies. The Harmonie financing will stabilize the Company's cash position and allow us to execute our business plan." Debt Resolve also announced today that its management will hold a conference call to discuss its recently filed 2007 Form 10-KSB financial results and the results of the first quarter of 2008. Debt Resolve's Chief Executive Officer Ken Montgomery and President and Chief Financial Officer David M. Rainey will conduct the conference call scheduled for 11:00 a.m. Eastern Daylight Time (EDT) on Tuesday, May 20, 2008. Participant dial-in numbers for this conference call and webcast information will be announced shortly. Kenneth Montgomery, Chief Executive Officer of Debt Resolve stated, "As the new CEO of Debt Resolve, I look forward to sharing with our investors and the public our accomplishments of 2007 and going forward. We are pleased to have been invited to the AeA Conference and are eager to meet with the conference attendees to discuss our value proposition." About Debt Resolve, Inc. Debt Resolve provides lenders, collection agencies, debt buyers and utilities with a patent-based online bidding system for the resolution and settlement of consumer debt and a collections and skip tracing solution that is effective at every stage of collection and recovery. Through its subsidiary, First Performance Corporation, Debt Resolve is actively engaged in operating a collection agency for the benefit of its clients, which include banks, finance companies and purchasers of distressed accounts receivable. The stock of Debt Resolve is traded on the American Stock Exchange. Debt Resolve is headquartered in White Plains, New York. For more information, please visit the website at http://www.debtresolve.com/. Forward-Looking Statements and Disclaimer Certain statements in this press release and elsewhere by management of the Company that are neither reported financial results nor other historical information are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such information includes, without limitation, the business outlook, assessment of market conditions, anticipated financial and operating results, strategies, future plans, contingencies and contemplated transactions of the Company. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors which may cause or contribute to actual results of the Company's operations, or the performance or achievements of the Company, or industry results, to differ materially from those expressed or implied by the forward-looking statements. In addition to any such risks, uncertainties and other factors discussed elsewhere in this press release, risks, uncertainties and other factors that could cause or contribute to actual results differing materially from those expressed or implied by the forward-looking statements include, but are not limited to, events or circumstances which affect the ability of Debt Resolve to realize improvements in operating earnings expected from the acquisition of First Performance; competitive pricing for the Company's products and services; fluctuations in demand for the Company's products or services; changes to economic growth in the United States and international economies; government policies and regulations, including, but not limited to those affecting the collection of consumer debt; adverse results in current or future litigation; currency movements; and other risk factors discussed in the Company's Annual Report on Form 10-KSB for the year ended December 31, 2007, and in other filings made from time to time with the SEC. Debt Resolve undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Investors are advised, however, to consult any further disclosures made on related subjects in the Company's reports filed with the SEC. Press Contact: David Rainey Debt Resolve, Inc. (914) 949-5500 x23 DATASOURCE: Debt Resolve, Inc. CONTACT: David Rainey of Debt Resolve, Inc., +1-914-949-5500 x238, Web site: http://www.debtresolve.com/

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