NEW YORK, NY--(MARKET WIRE)--Oct 31, 2008 -- SMS Vanacore (SMSV), a leader in unclaimed property and risk mitigation services, announces new executives to help lead 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 from Ameriprise Financial, Inc. Most recently, Lisa served as a Director in the Client Service Organization, where she led teams in assisting clients through major life events. Lisa also held key managerial assignments in administering abandoned property across Ameriprise.

John Amodeo comes to SMSV after more than 22 years at HSBC where he was a market manager specializing in retail products and services. John's focus included the growth of the retail and commercial segments as well as ensuring service levels across 20 branches. During his tenure, John served as a regional representative responsible for setting customer service standards, and as a member of an operational task force charged with ensuring compliance of retail policies and procedures. John is a graduate of the Consumer Bankers Association for Executive Retail Bank Management where he was educated on executive retail operations, including, retail bank profitability analysis, risk management and competitive product analysis.

"Over the years, SMSV has built a solid reputation by staffing one the strongest unclaimed property organizations in the business," said Nick Nichols, Chief Operating Officer at SMS Vanacore. "Leveraging this strength by hiring industry experts with strong financial services experience is critical to our strategy of deploying high value solutions tailored to our individual client's business needs. Whether bank accounts, securities or life products our clients appreciate SMS Vanacore's ability to talk specifically about their business. John and Lisa's first-hand experience is a great compliment to our organization."

SMS Vanacore provides customized solutions for clients to simplify unclaimed property processes including owner and beneficiary location, risk mitigation programs, compliance consulting, and state reporting. The company's expertise represents decades of industry experience, and hundreds of millions of dollars of unclaimed assets restored to owners or recovered for clients.

     MEDIA CONTACT:
     Nick Nichols
     SMS Vanacore
     New York, NY
     Phone: (212) 764-6800
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