1

OSI at a Glance

OSI Services (98% of LTM Revenue)

OSI Portfolio Management

(2% of LTM Revenue)

ARM

Provider of early stage contract management services and late stage

collection services of accounts receivables to the telecommunications,

utilities, education, healthcare and financial services industries

70% First-Party (Non-Contingency Fee)

30% Third-Party (Contingency Fee)

$415MM LTM 9/30/07 Revenue

$27MM LTM 9/30/07 Adjusted EBITDA

Strong track record in purchasing

delinquent accounts receivable

portfolios including credit card,

telecom, health club and

consumer loan receivables

$9MM LTM 9/30/07 Revenue

$0MM LTM 9/30/07 Adjusted  

...EBTIDA

Exhibit 99.1

2

Managing NCPM Through a Challenging Economic

Climate

New Purchase

Opportunities

Maintain existing IRR goals

and reduce price to off-set

down-turn in collections

Committed Purchase

Opportunities

Board portfolios with

reduced IRR since price is

committed

Maintains profitability while

lowering risk of future

impairment

Existing Portfolios

Analyze portfolios for

impairments in order to

maintain original IRR as

required by GAAP

Current expectation is Q4

2007 impairment between

$20.0MM–

$25.0MM (8%-

10% of carrying value)

Reduce future collection expectations (modify “look back”

period)

Re-segment portfolios based on current consumer behavior trends

Review and modify collection and recovery strategies (sub-contractors, letters, and sales)

3

Company Overview

OSI is a leading provider of Business Process Outsourcing (BPO) services for the strategic

management of consumer receivables across the entire cash-to-credit cycle

2

First-party Collection / Billing Services (69% of LTM revenue)

2

Third-party Collection Services (29% of LTM revenue)

2

Portfolio Management (2% of LTM revenue)

History

2

Formed in 1995 by McCown

DeLeeuw

& Co.

2

Built business through acquisitions

2

Sold to Madison Dearborn Partners by McCown

DeLeeuw

in 1999 for $800MM

$575MM of new and assumed debt

$225MM of equity

2

Business continued to grow through acquisitions and leverage

2

Filed for bankruptcy in May 2005 and emerged seven months later

2

Returned to profitability nine months after emerging from bankruptcy

Purchase multiple of 5.6x based on 2008 estimated annualized EBITDA

4

NCO / OSI –

Financial Summary

Revenues ($MM)

940

1,052

1,190

1,286

477

473

442

424

$0

$400

$800

$1,200

$1,600

$2,000

2004

2005

2006

LTM 9/30/07

NCO

OSI

Adj. EBITDA

(1)

($MM)

143

149

164

182

49

42

38

41

14%

13%

12%

13%

$0.0

$50.0

$100.0

$150.0

$200.0

$250.0

2004

2005

2006

LTM 9/30/07

10.50%

11.00%

11.50%

12.00%

12.50%

13.00%

13.50%

14.00%

NCO

OSI

Margin

(1) Pro forma LTM 9/30/07 Adjusted EBITDA includes SST acquisition for NCO and OSI synergies of $13.9MM for OSI.

$193

$191

$222

$203

$1,417

$1,525

$1,710

$1,632

(1)

(1)